Tag: Consumer Prices
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Tariffs: Billions for the Treasury, But Costs for Consumers and Makers
Overview: A Revenue Windfall with Hidden Costs Tariffs—fees imposed on imported goods—are delivering a sizable boost to the federal treasury. In the current debate before the Supreme Court, the central contention is not just whether tariffs are legal, but how their economic ripple effects should be measured. While government coffers grow from these duties, the…
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Tariffs impact: Billions in revenue, costs to consumers
Tariffs at a Glance: Revenue for the Government, Real Costs for the Public Tariffs are a perennial fixture of the U.S. trade landscape. While they bring in tens of billions of dollars for the federal government, they also ripple through the economy in ways that are felt by households, small businesses, and the manufacturers they…
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Are Your Halloween Treats Shrinking? Shrinkflation and Cocoa Prices Hit Candy Costs
Are your Halloween treats shrinking without you noticing? Trick or treat season is supposed to be about joy, candy, and a bit of spooky fun. Instead, many shoppers are finding a frustrating reality: the same bags and boxes of chocolate are getting smaller while the price tag keeps climbing. From shrinking chocolate bars to altercations…
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Grocery Price War Brewing in Ireland as Lidl, Aldi and Tesco Trim Milk Prices
Is a supermarket price war brewing in Ireland? Retail analysts and shoppers alike are watching a quiet, price-driven skirmish unfold across Ireland’s supermarket aisles. Lidl has kicked off a round of price reductions on its own-brand milk, claiming to be the first major retailer to cut the product since 2023. One‑litre bottles are now 6c…
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Irish Grocery Price War Heats Up as Lidl, Aldi and Tesco Cut Milk Prices
Is a supermarket price war looming in Ireland? The latest rounds of price cuts by Ireland’s major grocers suggest a shift in the market dynamics that could redefine everyday shopping. Lidl led the way by reducing the price of its own-brand milk, claiming to be the first retailer in Ireland to trim the product since…
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Inflation Isn’t Defeated: Why Prices Still Bite Despite Political Claims and Fed Moves
Introduction: A disconnect between rhetoric and prices In a political climate where claims of victory over inflation are frequent, the reality for many households is measured in groceries, gas pumps, and household budgets. President Donald Trump’s assertion that “inflation has been defeated” and the Federal Reserve’s decision to cut rates have shaped a narrative of…
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Inflation Still Rising: Trump Says Defeated, but Prices Persist
Overview: A mixed message on inflation As the nation contends with prices that remain elevated for many households, President Donald Trump has presented a counter-narrative. He publicly asserts that inflation has been defeated and notes improvements in areas like grocery prices and mortgage rates. At the same time, the latest data show inflation continuing to…
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Cm Chandrababu: GST 2.0 Benefits Reaching Every Home
GST 2.0 rollout and the push for public understanding In Amaravati, Chief Minister Chandrababu Naidu led a video conference with the cabinet sub-committee to review the implementation and outreach of GST 2.0. The objective is clear: ensure that the benefits of GST reductions and simplifications are understood by everyday citizens, from farmers to service-seekers, and…
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GST Rate Cut: A New Era Begins in India
Understanding the GST Rate Cut Starting today, India embarks on a transformative journey with the implementation of the new GST (Goods and Services Tax) rate cut. This reform, often dubbed as GST 2.0, aims to ease the financial burden on the middle and lower-income groups across the nation. Prime Minister Narendra Modi has heralded this…
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GST Rate Cut: A New Era Begins for Indian Consumers
Introduction to GST Rate Cuts The excitement surrounding the GST rate cut has reached a peak, particularly with the commencement of the GST Festival today. Prime Minister Narendra Modi heralds this as a transformative moment in Indian taxation history. These reforms signal an ongoing process to adapt to the nation’s evolving needs, making essential goods…