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Inflation

Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power and affecting economic stability. In Europe, inflation is influenced by factors such as energy prices, supply chain disruptions, and monetary policies by institutions like the European Central Bank.

Supermarket Lithuania
The Lithuanian risk of out-of-control inflation: how citizens have to adapt Country Analysis

The Lithuanian risk of out-of-control inflation: how citizens have to adapt

According to data from the National Social Security Fund of Lithuania, nominal labour income rose by 12.7% year-on-year, but could not keep up with the 20% inflation rate in January-March. The increase in average incomes was due to increases in the minimum wage and raises for civil servants. The income…
Gwendal Combot
2023-04-21
Warsaw
The Polish Real Estate market between rising inflation and economic decline Short Analysis

The Polish Real Estate market between rising inflation and economic decline

According to a December 2021 PwC report, the Polish housing sector has experienced remarkable growth in recent years. The prices of residential units (apartments) in major urban centres have increased by an average of 10 percent from 2017 to 2020. Additionally, this has been matched by a similar pace of…
Bulgaria’s Housing Market : assessing problems before euro membership Short Analysis

Bulgaria’s Housing Market : assessing problems before euro membership

After six years of strong house price rises, Bulgaria’s housing market remains vibrant. The nationwide house price index rose by 7.51% (6.83% inflation-adjusted) during the year to Q1 2021, accelerating from a y-o-y rise of 4.7% during the same period last year, which was the strongest house price growth in…
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