That's what Veronica Palm writes for Tidningen Rörelsen. Statistics Sweden has reported that food prices in Sweden have increased by 22 percent in one year. This leads to difficulties for single parents to buy nutritious food for their families. Food prices are also the biggest factor driving inflation in the country. It increases rents and interest rates and limits contractual requirements….
Category: Regulations
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....