Tag: household budgets
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Canadians remain cautious about spending amid economic uncertainty, survey finds
Canada’s Consumers Still Feel the Pinch Canadians are continuing to feel the strain of high prices and economic uncertainty, even as a few indicators suggest steadier footing. A Bank of Canada survey released this week highlights a lingering tone of caution among household budgets and spending plans, underscoring a complex recovery path as global factors…
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I Had No Electricity for Six Months: How American Families Are Coping with Soaring Energy Prices
Rising bills, real consequences Across the United States, families are contending with electricity prices that have climbed faster than wages and traditional inflation. For Kristy Hallowell and countless others, the surge isn’t a distant statistic—it’s a daily disruption that reshapes budgets, routines, and the safety of their homes. When a job loss was followed by…
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U.S. Inflation in November at 18‑Month High as Tariffs Bite
Overview: Inflation Ascends Sharply in November New data and surveys point to a broad upturn in American consumer prices for November, reinforcing economists’ projections that inflation may have accelerated to its highest annual pace in roughly 18 months. While many factors feed this trend, the impact of tariffs on imported goods is a central concern…
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Wage Growth Slows in Australia as Real Wages Decline
Australia’s Real Wages Dip as Inflation Outpaces Pay Latest wage data confirms a slowdown in wage growth, with private-sector workers seeing real incomes fall in the September quarter. Despite ongoing labour market tightness, wages have not kept pace with rising prices, raising questions about household living standards and the trajectory of monetary policy. What the…
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UK water bills rise: CMA approves limited price increases for five suppliers amid broader regulatory push
Regulator approves modest price rises for five water suppliers Millions in England face higher water bills even as the competition regulator tightens the reins on price demands. The Competition and Markets Authority (CMA) provisionally authorised five water companies to raise charges above what Ofwat had allowed, but rejected most of the companies’ larger increases. The…