Tag: Consumer Price Index

Australia's Passport Now World's Priciest

Australia's Passport Now World's Priciest

As of January 1, 2025, Australians will face an increased cost for passports, reaching $412 and making it the world’s most expensive. The price hike reflects enhanced security features of the R series passports, offering sophisticated technology and solid anti-fraud measures that ensure global respect and visa-free access to over 180 countries.

Eurostat Report: Food Inflation in Greece Approaches Zero in November

Greece saw the second-lowest food inflation rate in the EU in November 2024, with prices rising by just 0.4% compared to the previous year. This marks the lowest increase since May 2021, reflecting a significant easing of financial pressures on households. While the general consumer price index rose by 3%, food prices dropped by 1.2% from October to November, second only to Malta’s decline.

Greece Ranks 16th in EU for Household Disposable Income, Reports Finance Ministry

Greece has been ranked 16th among EU member states for household net disposable income, according to the National Economy & Finance Ministry. The ministry’s report highlights a significant rise in net disposable income over the past five years, driven by increases in wages that outpaced inflation. Despite these gains, the government acknowledges ongoing challenges and remains committed to further reforms to align with the EU average.

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