Inflation Impact
3 stories related to this topic, newest first.
EuronewsEU Real Wages Fell 3% Overall from 2020-2025, Rising in 18 of 30 Countries Amid 25.6% Inflation
Real wages in the European Union fell by 3% cumulatively from 2020 to 2025 as inflation outpaced nominal wage growth. Hourly gross wages rose 21.9% to €26.2, but consumer prices increased 25.6%. Declines occurred in 12 of 30 European countries, with gains in 18 others.
Average Cost of Raising a Child in U.S. Reaches $303,418 Over 18 Years
A LendingTree study reports the average cost of raising a child in the U.S. for 18 years at $303,418, up 1.9% from the previous year. Costs vary by state, with Hawaii at $412,661 and New Hampshire at $201,963. Childcare represents the largest expense, averaging $28,190 annually.
U.S. Energy Information Administration / Wikimedia (Public domain)US Crude Oil Prices Exceed $115 per Barrel Following Market Reopening
US crude oil prices have risen above $115 per barrel as trading resumes after a three-day weekend. This marks a doubling from $57 per barrel at the start of 2026. Sustained levels could elevate US CPI inflation to approximately 3.7%, the highest since September 2023.