(Reuters) – The Reserve Bank of New Zealand (RBNZ) said on Wednesday that its sectoral factor model of core inflation rose 5.8% year-on-year in the fourth quarter. The country’s official …
Inflation,
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New Zealand inflation remains high but not as bad as central bank expected
by Reutersby ReutersBy Lucy Craymer WELLINGTON (Reuters) – New Zealand’s consumer inflation held near three-decade highs last quarter but came in below the central bank’s forecast, prompting some analysts to bet that …
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Swiss National Bank’s Schlegel says too early to sound inflation all clear
by Reutersby ReutersZURICH (Reuters) – Swiss National Bank Vice Chairman Martin Schlegel said on Tuesday it was too early to sound the ‘all-clear’ on inflation in Switzerland, despite an expected decline in …
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Peru’s annual inflation to soar over 8.8% as blockades hit food prices -minister
by Reutersby ReutersLIMA (Reuters) – Inflation in Peru will likely end January at a rate between 8.8% and 8.9% on an annual basis, the country’s minister of economy said on Monday, as …
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Venezuela’s inflation slows to 234% in 2022, vice president says
by Reutersby ReutersCARACAS (Reuters) – Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown from the previous year, as the South American country struggles …
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Mexico headline inflation seen flat in early January, core inflation to slow
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have remained steady during the first half of January while core inflation is seen slowing, a Reuters poll showed on …
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By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan’s central bank on Monday raised its key interest rate by 100 basis points to 17% in a bid …
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Sri Lanka seen holding rates as inflation fight continues; IMF deal key
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO (Reuters) – The Central Bank of Sri Lanka (CBSL) is widely expected to hold interest rates steady this week, having raised them last year to their …
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‘Grave Error’: Former Clinton Treasury Secretary Warns Central Bankers Against Going Soft On Inflation
‘Grave Error’: Former Clinton Treasury Secretary Warns Central Bankers Against Going Soft On Inflation Harold Hutchison on January 20, 2023 Former Secretary of the Treasury Larry Summers urged central banks …
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Kenya inflation to fall back within target in Q1 -cenbank governor
by Reutersby ReutersBy Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Kenya’s central bank expects inflation to fall within its target range during the first quarter of 2023 and is …
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By Divya Chowdhury and Nishara Karuvalli Pathikkal DAVOS, Switzerland (Reuters) – Holcim expects the U.S. Inflation Reduction Act (IRA) to provide strong momentum for its business in North America which …
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Hungary central bank seen keeping its guard up as inflation risks mount: Reuters poll
by Reutersby ReutersBy Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expected to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, due to persistent …
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Tokyo core inflation likely double BOJ’s 2% target in January: Reuters Poll
by Reutersby ReutersBy Kantaro Komiya TOKYO (Reuters) – A leading indicator of Japanese consumer prices likely rose in January at more than twice the speed of the central bank’s target, hitting another …
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PATRICE ONWUKA: It May Be Too Late For Cooling Inflation To Save The Economy
PATRICE ONWUKA: It May Be Too Late For Cooling Inflation To Save The Economy Patrice Onwuka on January 18, 2023 Inflation may finally be retreating as price increases on wholesale …
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LINDA MCMAHON: Sunny Prices Report Hides Discouraging Reality — Inflation Is Still Here
LINDA MCMAHON: Sunny Prices Report Hides Discouraging Reality — Inflation Is Still Here Linda McMahon on January 18, 2023 While the Biden Administration is in a self-congratulatory mood about today’s …
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Inflation Used To Squeeze The Middle Class. Now It’s Hitting The Poor The Hardest
Inflation Used To Squeeze The Middle Class. Now It’s Hitting The Poor The Hardest John Hugh DeMastri on January 18, 2023 The primary burden of inflation has shifted from middle …
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In 2022 inflation data trumped Fed comments for moving markets, report says
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Last year, the inflation data that forced the Federal Reserve to embark on a historically aggressive path of rate rises was a …
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ECB’s Villeroy reaffirms determination to get inflation down to around 2% -Bloomberg TV
by Reutersby ReutersPARIS (Reuters) – European Central Bank (ECB) member Francois Villeroy de Galhau reaffirmed on Wednesday his determination to bring inflation in the euro zone down to around 2% by 2024 …
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UK pay deals hold at 5% for second month as wages lag inflation – XpertHR
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – Pay awards by British employers held at 5% for the second month in a row in December, well below annual inflation of close to …
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Barkin: Terminal rate for Fed depends on path of inflation -Fox Business
by Reutersby ReutersWASHINGTON (Reuters) – The stopping point for Federal Reserve interest rate increases will depend on the path of inflation, Richmond Federal Reserve Bank President Tom Barkin said on Tuesday. “We …
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Irish inflation falls month-on-month for first time in almost a year
by Reutersby ReutersDUBLIN (Reuters) – Irish inflation fell on a month-on-month basis for the first time in almost a year in December, bringing the annual rate to 8.2% from 8.9% a month …
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Analysis: India’s rising home prices, rentals a new inflation threat
by Reutersby ReutersBy Siddhi Nayak MUMBAI (Reuters) – Rising home prices and rentals in large Indian cities could pose a new challenge to the country’s central bank in its fight against inflation, …
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BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics …
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Is Canadian inflation on a sustainable path to 2%? Essentials offer clues
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – As Canadian inflation slows, the cost of essentials, such as food and rent, offers pointers as to whether it will return sustainably to the …
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DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by …