The CPI Inflation has been rising since September last year and remained above upper tolerance band of the Reserve Bank of India (RBI) for straight six months starting from January this year…reports
Despite all the difficulties and global problems, the rate of inflation in India is around 7 per cent which is very low as compared to the global situation…reports Asian Lite News The
Inflation has soared to the highest level in decades in many countries, fuelled by the war in Ukraine and the easing of Covid restrictions…reports Asian Lite News Annual inflation surged to a
UK inflation, the rate at which prices rise, hit 9.1% in May, and is expected to reach 11% later this year…reports Asian Lite News The UK economy rebounded in May after shrinking
Such a drastic change in CPI was last seen in December 2008 when year-on-year inflation stood at 23.3 per cent…reports Asian Lite News Around a hundred essential items, ranging from flour to
Michal Stelmach, an economist at KPMG UK, said Sunak’s attempts to fix the public finances were slowing after he bumped up his support for households last month…reports Asian Lite News Surging debt
Moreover, the eurozone “imports more than a quarter of its fertiliser from the affected region, which is difficult to replace from other sources”…reports Asian Lite News Food inflation in the eurozone is
The largest upward contributions to the inflation rate came from housing and household services, primarily electricity, gas and other fuels, along with transport mostly motor fuel and second-hand cars…reports Asian Lite News
The National Education Union (NEU), which is the biggest teaching union, has warned that it plans to ballot 450,000 of its members unless it receives a pay increase in line with inflation…reports
The consumer price index (CPI) in May rose 1 per cent from April after increasing 0.3 per cent in April, reports Asian Lite News US President Joe Biden on Friday cautioned citizens