INFLATION – Page 5 – Asian News from UK

New NZ PM sets out priorities, ‘Bread-and-butter’ issues top list

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

January 25, 2023

-Top News·POLITICS·World News

UK inflation rate dips to 10.5% in Dec

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

January 19, 2023

-Top News·UK News

‘Core inflation continues to be worrying factor’

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

January 13, 2023

Business

UK firms expect to raise prices 6% in 12 months

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

December 2, 2022

-Top News·UK News

Food price inflation hits new high of 12.4%

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%

November 30, 2022

UK News

Rising inflation: Should we be worried?

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

November 28, 2022

Business

Inflation outpaces wage growth in UK

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

November 16, 2022

-Top News·UK News

Eurozone inflation hits 10.7% in October

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

November 1, 2022

-Top News·Europe

Inflation accelerates to 40-year high as food prices rise

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

October 20, 2022

-Top News·UK News

Sweden’s inflation hits highest in 30 yrs

Electricity prices have increased by 54.2 per cent, and food and non-alcoholic beverages by 16.1 per cent over the past 12 months…reports Asian Lite News Inflation keeps breaking records in Sweden, with

October 14, 2022

Europe

INFLATION - Page 5