Economy | Europe
Big Numbers in the News
Understanding large numbers in news context A1
When we read the news, we see many big numbers. Let us learn some of them.
One million = 1,000,000. One billion = 1,000,000,000.
Percent (%) means out of one hundred. 50% = fifty percent = one half.
3. 3% = three point three percent.
The EU is sending €80 million to Lebanon. That is 80,000,000 euros.
Gas prices are up 70%. That means they are much higher than before.
Europe has 28% gas storage. That means storage is less than one third full.
Oil costs $100 per barrel. That is one hundred dollars.
Spain's inflation is 3. 3%.
So things cost 3. 3% more than last year.
Numbers help us understand how big a problem is. A 3% change is small.
A 70% change is very big.
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What is the main focus of this article?