Inflation News
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By AFP
Frankfurt Am Main -
European Central Bank chief Mario Draghi will carefully prepare markets for a long-awaited end to the institution's easy-money policy Thursday, analysts expect, but stop short of calling time immediately.
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By AFP
Caracas -
Venezuela's President Nicolas Maduro on Sunday announced a 50 percent increase in the monthly minimum wage to 97 bolivars, or about 37 dollars at the official exchange rate.
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By AFP
Brussels -
Growth in the eurozone accelerated, inflation rose towards the ECB's key target and unemployment fell to a seven-year low as the bloc's economy shrugged off uncertainty over Brexit and US President Donald Trump.
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By AFP
Brussels -
Growth in the eurozone remained stable at 0.3 percent in the third quarter of 2016 as inflation rose to a 27-month high, official data showed on Monday.
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By AFP
Rio De Janeiro -
Brazil's inflation rate hit a 13-year high in 2015, in what analysts called payback for years of economic mismanagement, worsened by a political crisis in Latin America's biggest economy.
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By AFP
Frankfurt -
The European Central Bank is widely expected to step up efforts to kick start chronically low inflation in the euro area at a meeting Thursday, but analysts warn the measures could fall short of market expectations.
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It basically boiled down to figuring out how to make money with the technology. Once we wrapped our brains around that, the money started to flow. The same thing is about to happen with Green technology.
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You’re not just imagining it. Prices are going up, except for commodities. And the price of energy has an oversized influence on the annual inflation rate.
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By AFP
New Delhi -
A leap in onion prices has left a bitter taste for Surinder Anand, owner of a New Delhi restaurant that sweats its way through a hundred kilos a day, but it could pose even bigger problems for India's leader.
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Zimbabwe has announced it will be phasing out its own local currency in favour of the US dollar. The Zimbabwean dollar has been subject to hyperinflation of up to 500,000,000,000 percent so that locals will get $5 USD for 175 quadrillion local dollars.
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By AFP
Caracas -
Shortages of basic goods and long lines of consumers hoping to buy them have spawned a new profession in crisis-hit Venezuela: waiting in line to buy things for other people.
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By AFP
Bras -
The party of beaten Brazil presidential candidate Marina Silva said Wednesday it is backing Social Democrat challenger Aecio Neves in his run-off battle against incumbent Dilma Rousseff.
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Financial commentators have written about the 2.4% rise in inflation that Canada recently saw. Media writers are correct worry and there is plenty of evidence for that assertion.
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By AFP
New Delhi -
India's inflation accelerated in March to a three-month high, data showed Tuesday, dashing hopes of an interest rate cut to boost the struggling economy.
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By AFP
London -
Britain's 12-month inflation slowed to 1.6 percent in March, the lowest for four and a half years, official data showed on Tuesday.
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By AFP
Washington -
U.S. producer prices surged higher in March as demand for services increased the most in four years, government data released Friday showed.The Labor Department said its producer price index rose 0.5 percent in March, after a slight 0.
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By AFP
Frankfurt -
The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday. The cost of living rose by 1.0 percent on a 12-month basis this month, down from 1.
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By AFP
Beijing -
China's inflation rate accelerated to 2.4 percent year-on-year in March, the government said Friday, driven by higher food prices.The increase in the consumer price index (CPI) announced by the National Bureau of Statistics (NBS) was up from the 2.
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By AFP
Washington -
U.S. Treasury Secretary Jacob Lew warned the eurozone Wednesday to pay heed to the risk of deflation, adding pressure on European authorities and the European Central Bank to boost growth.
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By AFP
Washington -
The International Monetary Fund on Tuesday urged the European Central Bank to act as soon as possible to fend off the deflation threat, amid worries about weak eurozone growth.
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By AFP
Braz -
Brazil raised its key interest rate by 25 basis points to 11 percent, as Latin America's largest economy scrambled to contain inflation.
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By AFP
Paris -
Weak energy prices pushed down inflation in advanced countries to 1.4 percent in February from 1.7 percent in January, the OECD said on Tuesday against a background of concern that eurozone inflation is too low.In the eurozone, inflation "slowed to 0.
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By AFP
Washington -
US consumer incomes and spending gained for the second straight month in February, while inflation pressure remained subdued, the Commerce Department reported Friday.
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By AFP
Frankfurt -
The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official preliminary data showed on Friday. The cost of living rose by 1.0 percent on a 12-month basis this month, down from 1.
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By AFP
Madrid -
Spain reported Friday its first fall in consumer prices in more than four years, feeding fears that the eurozone could fall into the grip of a deflationary spiral.Consumer prices fell at annual rate of 0.2 percent in March after crawling 0.
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By AFP
Washington -
US consumer prices rose slightly for the second month in a row in February, led by gains in food prices, the Labor Department said Tuesday.The consumer price index rose 0.1 percent, matching the January gain.
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By AFP
Buenos Aires -
Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies.The fresh blow to the country came as Buenos Aires reported that prices rose 3.4 percent in February ov...
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By AFP
Buenos Aires -
Argentina saw inflation of 3.4% in February, 0.3% lower than January, under a new price index drawn up with IMF advice, Economy Minister Axel Kicillof said Monday.Private analysts were expecting a rate around 4.3%.Kicillof, in a press briefing, linked ...
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By AFP
Caracas -
Annual inflation in Venezuela, one of the driving forces behind a wave of anti-government protests, hit 57.3 percent in February, the central bank said Friday.Demonstrators have poured almost daily into the streets of the capital Caracas and other majo...
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By AFP
Frankfurt -
The European Central Bank is not being complacent about low eurozone inflation, even though it did not cut interest rates this month, one of its a board members said on Tuesday."We have room left to act.
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Inflation Image
Petrol prices are rising at levels of around 25p per year for just a litre Richard Law
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