According to the estimates of Rosstat, in the previous year the price increase of groceries had an impact on butter cost above all. The product price climbed 20.5%. In 2015 the advance in butter price was much slower – to 10.6%.
During the reporting period other dairy products became much more expensive. Their price went up by 9.5%.
Fish and sea products added in price to a significant degree. The seafood price increase was 8.6%.
Rising costs affected alcoholic products. Alcoholic beverage price went up by 6.4%. A year ago the growth was 10.7%.
There was a price increase for cereals in the previous year. The growth reached to 6.4%, compared to 15.5% in 2015.
At the same time, in contrast, sugar sand went down in value by 6% and hen's eggs were marked down by 0.7%, while a year earlier their price increased by 9.8%.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
