Consumers cannot maintain their standard of living as inflation for their consumption basket could be higher than the interest rates that earn on their savings. Politicians could lose elections over…
Earlier this month, the Bank of England, the central bank, projected consumer price inflation to rise to around 11 percent in the fourth quarter (Q4) of 2022…reports Asian Lite News…
According to the IMF, the global inflation rate is projected to be 8.8 per cent this year and come down to 6.5 per cent next year…reports Asian Lite News The…
Official figures released earlier this month had revealed that the crisis-hit island nation’s economy had contracted by 8.4 per cent in the three months to the end of August…reports Asian…
At the same time, supply disruptions due to the Russia-Ukraine military conflict have boosted prices of thermal coal, oil and gas to record levels….reports Asian Lite News Inflation and supply…
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…
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…
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…
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…
The consumer price-based inflation at 7.79% stayed well above Reserve Bank of India’s (RBI’s) upper tolerance limit for the fourth consecutive month…reports Asian Lite news India’s retail inflation surged to…
