By Nikunj Ohri NEW DELHI (Reuters) – India’s retail inflation is likely to ease by December as seasonal factors become more favourable, Finance Secretary T V Somanathan told Reuters late …
Inflation,
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ROME (Reuters) – Italy’s inflation rate could fall to 3.4% by the end of this year, far below the current level over 5%, thanks to measures to rein in prices …
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ISTANBUL (Reuters) -Turkish annual consumer price inflation climbed to 61.53% in September, official data showed on Tuesday, just below expectations and rising for a third consecutive month in response to …
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FRANKFURT (Reuters) – Rising wages in the euro zone are keeping up domestic inflation in the euro area but salary growth should moderate in the coming months, European Central Bank …
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Peruvian annual inflation eases to lowest level in more than two years
by Reutersby Reuters(Reuters) – Annual inflation in Peru decelerated to 5.04% in September to hit its lowest level in more than two years, according to official figures published on Sunday, though consumer …
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Colombia 12-month inflation forecast to slow further in September: Reuters poll
by Reutersby ReutersBy Nelson Bocanegra BOGOTA (Reuters) – Colombia’s inflation likely slowed in September due to a moderation of domestic consumption, a Reuters poll revealed on Friday, though forecasts for the year …
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Brazil’s cenbank chief warns inflation expectations may not converge amid fiscal concerns
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Friday that inflation expectations are not aligned with official goals, and signaled they may not be anchored if …
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Instant view: US core inflation slows in August, consumer spending rises
by Reutersby ReutersNEW YORK (Reuters) – U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline …
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French inflation unexpectedly slows in September as food price rises ease
by Reutersby ReutersPARIS (Reuters) – French inflation unexpectedly slowed in September as easing price rises in the food sector outpaced higher prices in the energy sector, preliminary EU-harmonised official data showed on …
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German inflation falls to lowest level since start of Ukraine war
by Reutersby ReutersBERLIN (Reuters) -German inflation fell in September to its lowest level since Russia launched its full-scale invasion of Ukraine, signalling what could be the beginning of the end for the …
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Fed’s Goolsbee sees risk of ‘error in view that low inflation needs high unemployment
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve may be on the cusp of “something rare” by lowering inflation without a major blow to jobs and growth, and …
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JOHANNESBURG (Reuters) – South Africa’s producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday. On a month-on-month basis, the …
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German inflation likely to ease in September, key states indicate
by Reutersby ReutersBERLIN (Reuters) – German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could be the beginning of the …
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Bank of America CEO says Fed has won the near-term battle against inflation
by Reutersby ReutersBy Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – The Federal Reserve has won the near-term battle against inflation, but interest rates are likely to stay higher for longer, …
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Fed’s Kashkari: Unsure if Fed has hiked enough to bring inflation to target – CNBC
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said on Wednesday it is not clear yet whether the central bank is finished …
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Brazil’s central bank divided over services inflation improvement
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank voiced concerns over inflation expectations not aligning with official targets and noted differing opinions among board members on services inflation improvements, ruling out any …
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‘Quiet Crisis’: Food Banks Are Inundated With Requests For Aid As Inflation Bites
‘Quiet Crisis’: Food Banks Are Inundated With Requests For Aid As Inflation Bites Will Kessler on September 25, 2023 Food banks across the U.S. are reporting a massive uptick in …
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Fed’s Goolsbee: High inflation remains the “bigger risk” to the economy
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – Inflation staying stuck above the Fed’s 2% target remains a greater risk than tight central bank policy slowing the economy more than needed to …
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Spain may extend or introduce measures to alleviate inflation hit by year-end
by Reutersby ReutersMADRID (Reuters) – Spain’s government could extend some of the measures that were introduced to alleviate the impact of inflation or even implement new ones, if needed, by the end …
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By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.4% in August, almost matching economists’ forecasts, and easing compared with July’s figures due to lower inflation for …
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Ghana to hold rates at 30.00% on Sept.25 as inflation falls – Reuters poll
by Reutersby ReutersBy Vuyani Ndaba JOHANNESBURG (Reuters) – The Bank of Ghana is expected to complete its hiking cycle later on Monday as its economy shows signs of falling inflation after 1,650 …
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Analysis-Canada’s losing productivity streak adds to inflation problem
by Reutersby ReutersBy Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s record of declining productivity over the past three years is likely to make it more difficult for the Bank of …
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FRANKFURT (Reuters) – Inflation in the euro zone is not falling “at the desired pace” and it is therefore too early to say whether or not the European Central Bank …
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By Jamie McGeever ORLANDO, Florida (Reuters) -With oil prices at their highest this year and eyeing $100 a barrel again, the last thing U.S. consumers, businesses and policymakers need is …
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Mexico inflation likely eased in first half of September – Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of September while remaining above the official target, a Reuters poll showed on Wednesday, suggesting the central …