Home > Inflation inequality: Soaring prices weigh on low-income households

News
Inflation inequality: Soaring prices weigh on low-income households

Description

Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine further fuelling the trend. But higher inflation tends to have a bigger impact on low-income households. Xavier Jaravel from the London School of Economics discusses this and more with FRANCE 24's Kate Moody.

Added on the 13/05/2022 11:48:40 - Copyright : France 24 EN

To customise your video :

Generic export code

More videos on the subject

Inflation in eurozone forecast to hit 4.8% amid soaring energy prices

Energy prices, supply chain bottlenecks, the Omicron variant and geopolitical tensions are all fuelling inflationary pressures.View on euronews

10/02/2022 - Euronews EN
State of emergency in Kazakhstan amid protests over soaring gas prices

Protests continued on Wednesday.

05/01/2022 - Euronews EN
France announces more aid for low-income families to deal with energy prices

French Prime Minister Jean Castex on Thursday said a block on household gas prices would be extended until end-2022 and that low-income households would receive an 'inflation premium' of 100 euros a month to help mitigate the impact of rising energy prices.

22/10/2021 - France 24 EN
Inflation in Turkey: Soaring prices, housing crisis and student protests

In Turkey, young people recently expressed their frustration with the authorities when students protested an ongoing spike in housing prices. This protest movement reflects the growing difficulties of the general population amid sky-high living costs, even as the government refuses to acknowledge the economic crisis. Our Istanbul correspondents Ludovic de Foucaud, Hussein Asad and Shona Bhattacharyya report.

18/10/2021 - France 24 EN
EU leaders in Kyiv, Battle for Donbas, Sanctions and soaring energy prices, Saudi sportswashing

The World This Week takes us to a night train to Kyiv, the first trip to Ukraine since the start of the war for the leaders of France, Germany and Italy. Is it enough to steel the European Union resolve when it comes to Russia? Our panel of journalists weights in about soaring inflation, oil prices and how Russia's loss could be Saudi Arabia's gain. Leaders and golfing professionals alike are ready to overlook the kingdom's human rights record.

17/06/2022 - France 24 EN
Incendie meurtrier près de Perpignan: une marche blanche réunit 2.000 personnes

Plus de 2.000 personnes ont participé dimanche à une marche blanche pour exprimer leur "solidarité" aux victimes de l'incendie meurtrier qui a dévasté le 14 février trois immeubles à Saint-Laurent-de-la-Salanque, près de Perpignan, tuant huit personnes.

20/02/2022 - AFP FR