Among the Member States for which data are available for the third quarter of 2023, Latvia (+0.6%) recorded the highest increase compared to the previous quarter, followed by Belgium (+0.5%) and Spain (+0.3%). The highest declines were recorded in Ireland (-1.8%), Austria (-0.6%) and Czechia (-0.3%). The growth rates compared to the same quarter of the previous year were positive for five countries, with the highest values observed for Portugal (+1.9%), Spain (+1.8%) and Belgium (+1.5%). The highest declines were recorded for Ireland (-4.7%), Estonia (-2.5%), Austria and Sweden (-1.2% both)
Economics
Bill Mitchell – Rising prices equal an inflation outbreak (apparently) but then the prices start falling again
Explaining the falsity of the inflation hype and why economists cannot explain the contradictory numbers. Read here
Climate Crisis
Reuters: EU parliament backs labelling gas and nuclear investments as ‘green’
Germany and France have once again pushed through their interests Read Here Robert Habeck, Germany’s Green Minister for Economic Affairs and Climate Action and patron saint of “Green Gas” Photo: Heinrich-Böll-Stiftung licensed under the Creative […]
Economics
Heiner Flassbeck: Inflation success in the USA disproves the ECB
Sometimes it is incredibly difficult to draw clear conclusions from simple facts because people have become so firmly entrenched in a particular world view that anything other than this picture does not exist. If, for […]
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