price increases News

South Korea Faces Unprecedented Price Surge in Food and Dining: A Deep Dive into Economic Impacts

South Korea is grappling with a wave of price increases across food and dining sectors, driven by a weaker won and rising raw material costs. Over 40 companies have raised prices, ...

Eurozone Inflation Dips to 2.4% in February: A Closer Look at the Numbers

The Eurozone's inflation rate slightly decreased to 2.4% in February, with significant price increases in services and food, alcohol, and tobacco. Croatia and Belgium reported the ...

Global IT Spending Set to Surge by 10% in 2025, Reaching $5.6 Trillion

Global IT spending is forecasted to grow by 10% in 2025, reaching $5.6 trillion. However, CIOs face challenges as price increases may absorb budget growth, impacting real IT spendi...

The Rising Cost of Living in Vietnam: A Shock for Overseas Vietnamese Returning Home

Overseas Vietnamese are returning to a Vietnam transformed by economic growth, facing shockingly high costs of living. From dining out to everyday groceries, the price increases ch...