Inflation News

The Bank of Canada continued to express concerns about weak inflation on Wednesday - even after consumer prices picked up markedly in January - and repeated that its next move on interest rates could be either up or down.

Seoul - South Korean consumer prices rose 1.0 percent in February as stable prices of farm produce helped keep inflation in check, state data showed Tuesday.The on-year increase in the consumer price index compared to 1.1 percent inflation posted in January, s...

Washington - US consumer spending rose more than personal income in January, government data released Monday showed. ....................... ....................... ....................... ......................

Madrid - IMF chief Christine Lagarde urged the eurozone on Monday to fight persistently low inflation, warning that it presents a looming threat to economic recovery in the region.Key risks menace the 18-nation eurozone even as it emerges from recession, the In...

Brussels - The eurozone unemployment rate was steady at a near-record 12 percent in January, with a modest economic recovery yet to produce any sharp headline improvement, while February inflation was also flat, data showed on Friday.The official figures suggest ...

Madrid - Spain's inflation rate dropped to zero in February, an official estimate showed Friday, as fears of a damaging deflationary spiral haunted sluggish eurozone economies.Consumer prices were unchanged in February after edging up by just 0.3 percent in Jan...

Frankfurt - Inflation in the eurozone is currently very low but there is no danger of deflation -- a widespread fall in prices -- European Central Bank chief Mario Draghi said Thursday."At this point in time, we do not have evidence of consumers postponing expendi...

Brussels - Eurozone inflation held steady at 0.8 percent in January from the same figure in December, official data showed on Thursday, easing concerns of deflationary pressure on growth.A second estimate from the Eurostat statistics office showed year-on-year in...

Euro zone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation wel...

Canada's annual inflation rate unexpectedly jumped to 1.5 percent in January from 1.2 percent in December, reducing the likelihood of an interest rate cut by the disinflation-preoccupied Bank of Canada....