What the cost-of-living crisis looks like around the world
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While the global economy is predicted to have a ‘soft landing’, countries like Sudan are facing a cost-of-living catastrophe.
The ‘cost-of-living crisis’ is now a familiar phrase as prices of everyday goods have increased dramatically in recent years. In the UK, prices remain high while consumer prices have been increasing around the world, too, with average global inflation at 6.8% in 2023. This means that food, energy bills, and rent are still getting more expensive for everyone.
But while...
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