Credit to Author: Steve Hanley| Date: Wed, 19 Oct 2022 17:07:09 +0000
The Fed is petrified by the specter of inflation, but is doing nothing about its cause — a sudden dramatic increase in the cost of energy.
Credit to Author: Scotiabank| Date: Tue, 05 Apr 2022 13:30:44 +0000
Many shoppers are finding that things are more expensive when they go to the grocery store. What’s behind those price increases? “Prices are rising much more quickly than in recent years,” says Marc Desormeaux, senior economist at Scotiabank. “In January 2022, the total Consumer Price Index (CPI) was more than 5% higher than one year […]
The post What Canada’s rising inflation means for newcomers first appeared on CIC News.
Read moreCredit to Author: David Carrigg| Date: Tue, 05 Apr 2022 14:00:40 +0000
Canadians are facing soaring interest rates aimed at curtailing soaring inflation — the price of things
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 28 Feb 2020 17:05:22 +0000
THE country’s inflation likely eased to as low as 2.4 percent or accelerated to as high as 3.2 percent this month, the Bangko Sentral ng Pilipinas (BSP) said on Friday. The range projected by the central bank’s Department of Economic Research compares with January’s 2.9 percent, but lower than the 3.8 percent posted in February […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 05 Feb 2020 17:06:17 +0000
THE country’s headline inflation accelerated to an eight-month high of 2.9 percent in January, the Philippines Statistics Authority (PSA) announced on Wednesday, supporting analysts’ consensus view that monetary authorities could resume easing policy rates as early as this month. The figure — up from December’s 2.5 percent and the highest since May 3.2 percent — […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 21 Nov 2019 16:20:52 +0000
INFLATION for low-income households eased to a four-year low of 0.8 percent in October on the back of lower fuel and utility prices, the Philippine Statistics Authority (PSA) announced on Thursday. The figure is lower than the 0.9 percent posted in September, and the lowest since October 2015’s 0.4 percent. Year to date, consumer price […]
Read moreCredit to Author: The Manila Times| Date: Tue, 30 Apr 2019 09:02:06 +0000
INFLATION will likely ease to as low as 2.7 percent or pick up to 3.5 percent in April, the Bangko Sentral ng Pilipinas (BSP) announced on Tuesday. In a statement,…READ
The post BSP sees 2.7-3.5% inflation for April appeared first on The Manila Times Online.
Read moreCredit to Author: The Manila Times| Date: Sun, 28 Apr 2019 09:31:17 +0000
ECONOMISTS see inflation settling at 3.3 percent this year, the Bangko Sentral ng Pilipinas (BSP) said in a report, higher than its 3-percent full-year forecast but still within the 2-4…READ
The post Economists expect 3.3% inflation for 2019 – BSP appeared first on The Manila Times Online.
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Credit to Author: ggaviola| Date: Wed, 17 Apr 2019 12:00:14 +0000
LONDON – Official figures show that inflation in Britain unexpectedly held steady in March, with economists suggesting that Brexit uncertainty prompted retailers to keep prices lower than would otherwise have been the case.
The post UK inflation holds steady in March amid Brexit uncertainty appeared first on Inquirer News.
Read moreCredit to Author: MAYVELIN U. CARABALLO, TMT| Date: Fri, 05 Apr 2019 01:52:34 +0000
HEADLINE inflation slowed to a 15-month low of 3.3 percent in March, the Philippines Statistics Authority (PSA) announced on Friday. The figure — down from the previous month’s 3.8 percent…READ
The post Inflation drops to 3.3% in March appeared first on The Manila Times Online.
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