Bill Mitchell – Rising prices equal an inflation outbreak (apparently) but then the prices start falling again

European Union annual inflation was 11.5% in October 2022, up from 10.9% in September. A yearearlier, the rate was 4.4%. The euro area annual inflation rate was 10.6% in October 2022, up from 9.9% in […]

International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. (CVX.N) of funneling billions of euros through letter box companies in the Netherlands to avoid taxation. This will […]

The EU’s V-Recovery is unstoppable! The business investment rate in the euro area decreased to 23.2%, compared with 25.3% in the first quarter of 2020, reflecting the decrease of the gross fixed capital formation by […]