The central bank, led by Christine Lagarde, is widely tipped to approve another hike in a bid to make spending more expensive…reports Asian Lite News Inflation in the euro zone receded for
Hipkins was sworn in as New Zealand prime minister on Wednesday, with his predecessor Jacinda Ardern officially tendering her resignation…reports Asian Lite News As the inflation grips New Zealand, newly sworn-in Prime
The annual inflation rate for transport was 6.9 per cent in December, down for a sixth consecutive month, and the main driver behind the easing came from motor fuels, the ONS said…reports
Economists are worried as the core inflation remains on the higher side…reports Asian Lite News Retail inflation for December 2022 fell to a year’s low of 5.72 per cent, mainly due to
Price-increase expectations eased only slightly from 6.2% in October. The average for the three months through November was 6.2%, down from 6.4% the previous month…reports Asian Lite News Inflation pressures in the
It added that surging food prices were largely to blame, with fresh food prices up by 14.3%, compared with 13.3% in October…reports Asian Lite News Food inflation hit 12.4%, up from 11.6%
Consumers cannot maintain their standard of living as inflation for their consumption basket could be higher than the interest rates that earn on their savings. Politicians could lose elections over high inflation…writes
Earlier this month, the Bank of England, the central bank, projected consumer price inflation to rise to around 11 percent in the fourth quarter (Q4) of 2022…reports Asian Lite News The increase
The Baltic countries were hit the hardest by inflation, with 22.4 per cent for Estonia, 22 per cent for Lithuania and 21.8 per cent for Latvia…reports Asian Lite News Inflation in the
Faster inflation also fuels expectations that the Bank of England will raise interest rates further and faster as it struggles to return inflation to its 2% target…reports Asian Lite News British food