The inflation rate has dropped to single-digit levels in the month of July….reports Asian Lite News Sri Lanka finally witnessed a downfall in the inflation rate as it reached single-digit…
The Office for National Statistics said that falling of fuel prices was the biggest driver behind the drop, while food price inflation also pared back…reports Asian Lite News Inflation in…
The move, which exacerbated fears of a mortgage catastrophe, marked a divergence from other major central banks that have been able to either slow or pause interest rate hikes…reports Asian…
Inflation is due to fall from 7 per cent recorded in the March quarter this year to 3.25 per cent in 2023-24, before returning to the Reserve Bank of Australia…
Influential think tank the Institute for Fiscal Studies (IFS) warned higher rates would result in a drop of more than 20% in disposable income for 1.4 million mortgage holders…reports Asian…
President Recep Tayyip Erdogan had pursued low-interest rates and a high-growth program despite high inflation…reports Asian Lite News Turkish Vice President Cevdet Yilmaz said that the government would maintain existing…
The average price of a 20 kg wheat flour bag more than doubled to around 2,700 PKR in May….reports Asian Lite news Consumer inflation in Pakistan raced to 38 per…
In her speech, Lagarde also praised the euro, describing it as the “engine of integration” of Europe…reports Asian Lite News The president of the European Central Bank (ECB) has vowed…
The global investment banking firm said Asia’s inflation has already peaked in September 2022 and is on the disinflation path….reports Asian Lite News Inflation in Asia is moderating and…
The ONS said food and non-alcoholic beverages prices rose by 19.2% in the year to March 2023, the sharpest annual increase for more than 45 years…reports Asian Lite News UK…