Consumer prices were up 3.1 per cent annually as of November, according to Labor Department data, well below the 9.1 per cent annual inflation rate clocked in June of last…
The people of Gilgit Baltistan are also facing a severe crisis due to high inflation and the unavailability of food items, including flour….reports Asian Lite News The Awami National Committee…
Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation…
Michael Stull, a senior executive at the recruiter Manpower, said the demand for workers was weaker than a year ago, though there were “mixed messages” from employers…reports Asian Lite News…
The marginal lending facility, which offers overnight credit to banks, was also increased by a quarter-point to 4.75 per cent…reports Asian Lite News The European Central Bank (ECB) has raised…
Hunt and Sunak are keen for voters to start feeling more optimistic about the economy as the country heads for an election expected next year, with the opposition Labour Party…
Economists attribute particular importance to core inflation, precisely because it is supposed to strip out volatility…reports Asian Lite News Core inflation in the UK has begun to fall in the…
There was less encouraging news for core inflation, which strips out volatile items such as fuel and food…reports Asian Lite News The UK’s annual inflation rate fell sharply to 6.8%…
Overall take-home grocery sales rose by 6.5% in the four weeks to 6 August, down from 10.4% in the previous period…reports Asian Lite News Grocery price inflation has eased for…
Regular pay grew by 7.8%, the highest annual growth rate since comparable records began in 2001, reveals Office for National Statistics…reports Asian Lite News Wages grew at a record annual…