Sources: CNNMoney
The Puntland region of Somalia announces that it will introduce a new regional currency in 2025. The region had previously shifted to use of the United States dollar in 2021, due to severe inflation of the Somali shilling. 2024-12-21
The Netherlands statistics office reports that the country has entered a recession after the economy declined by 0.3% in the second quarter with exports and household spending falling despite rising interest rates that were intended to lower inflation. 2023-08-16
The Bank of Japan reports that inflation in Japan increased by 4.0% in December, the highest recorded increase since 1981. 2023-01-20
Inflation in the United Kingdom rises to 10.1%, the highest recorded level since 1982, amid a cost of living crisis and sharp increases in food prices, according to the Office for National Statistics. 2022-10-19
Inflation in the Netherlands increases to 17% amid a substantial increase in energy and fuel prices. 2022-09-30
The European Central Bank expands its Pandemic Emergency Purchase Programme by €500 billion to €1.85 trillion and extends the scheme to March 2022, saying it expects "a more pronounced near-term impact of the pandemic on the Eurozone economy and a more protracted weakness in inflation than previously envisaged". 2020-12-10
Sudanese Finance Minister Ibrahim Elbadawi states that, as part of the government budget for 2020, subsidies for gasoline will be gradually lifted while the minimum wage and pay for civil servants will increase in an effort to combat both inflation and poverty. The budget, which will be finalized in two days, will also increase spending on education, social services, and aid to refugees. 2019-12-27
The Bank of England says it expects inflation to reach 5% this year, due to higher fuel bills that could rise by up to 15%, and revises down its growth projection for the UK economy. 2011-05-11
The Australian dollar reaches new 29-year highs against the US dollar due to higher than expected inflation figures sparking predictions of higher interest rates. 2011-04-27
The Bank of England's governor Mervyn King admits the economy will not grow very much and inflation will stay higher for longer in the UK, describing as a "choppy recovery" being ahead over the next two years. 2010-08-11