News Muncher - searching for deflation

2 hours, 6 minutes ago

China inflation hits nine-month low in December

China narrowly avoided slipping into deflation in December with prices rising at their slowest pace in nine months, official figures showed Thursday, as Beijing struggles to kickstart consumer activity in the world's number two economy. "Recent economic data stabilised but the momentum is not strong enough to generate upward pressure on consumer prices yet," Zhiwei Zhang, chief economist at Pinpoint …

China Inflation Hits

Deflation to Provide ‘Respite’ to Sri Lankans, Says Governor

Live Mint

-- A deflationary environment in Sri Lanka is expected to continue in early 2025, according to the central bank governor, highlighting a change in scenario for the South Asian nation that had struggled with high prices during an unprecedented economic crisis. The country’s inflation is projected to converge to the target level of 5% during the second half of the …

Sri Lankans Weerasinghe

1 week, 3 days ago

ECB’s Knot Says Trade War Could Export China Deflation to Europe

Live Mint

-- China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot. “In this way, China is, as it were, exporting its deflation to us.” Policymakers around the world are watching the US for potential trade levies when Donald …

Europe China War Trade Ecb Knot Trade War

3 weeks, 2 days ago

Bunzl shares fall as distribution giant warns on profit

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in distribution giant Bunzl …

France Group Bunzl Distribution Giant Comodis

3 weeks, 5 days ago

Prices won’t stop falling in China, and Beijing is grasping for solutions

Live Mint

The country that invented paper is making way too much of it. So Shandong Chenming Paper, one of China’s biggest paper manufacturers, did what any company faced with overcapacity would do: It cut prices to unload more supply while it tried to ride out the storm. This week, China’s 24-man Politburo said it would implement more proactive fiscal policy and …

Economy Growth China Japan Prices Interest Rates Company

3 weeks, 6 days ago

China moves to Trump-proof its economy

Live Mint

SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by …

Economy China Trade Trump Economic Growth Officials Beijing

1 month, 1 week ago

Sri Lanka records highest deflation since 1961

Deccan Chronicle

Colombo: Sri Lanka's consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday. Since then, a $2.9 billion bailout loan from the International Monetary Fund, tax hikes and other austerity measures have slowly made headway in repairing the island's economy. "Headline inflation will remain negative …

Sri Lanka

1 month, 1 week ago

Japan’s latest stimulus package takes new focus: Boosting tax-free income

Live Mint

TOKYO-Japan’s new, minority government has just launched a now nearly annual attempt at stimulating its economy—this time toying with the controversial idea of keeping more of consumers’ income tax-free. Japan’s annual income-tax threshold, the level above which the government can start taking tax, is 1.03 million yen, equivalent to $6,727. An increase in the threshold to 1.78 million yen would …

Japan Income Increase Ishiba Tokyo Yen Threshold

1 month, 2 weeks ago

Price warning as 17-month run of falling shop inflation ends

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A 17-month-long run of falling shop inflation has ended, with …

Inflation Prices Price Sign Shop Food Remained

1 month, 3 weeks ago

China should not wait to stimulate its economy

Live Mint

Journalists love a telling quote—so much so that they will sometimes seize hold of a telling misquote. View Full Image Graphic: The Economist China’s leaders may believe there is already enough other stimulus working its way through the economy to help GDP meet the official growth target for this year of “around" 5%. Property sales also picked up in recent …

Economy China Leaders

1 month, 3 weeks ago

Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills

Associated Press

Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery bills. And many economists think Trump’s plans, including putting tariffs on imported foods and deporting undocumented workers, could actually make food prices rise. Asked how he would lower grocery prices during a September town hall in Michigan, Trump said …

Food Energy Trump Prices Price Michigan Cost

1 month, 4 weeks ago

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Bitcoin prices

Live Mint

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weakness in Asian markets. Asian markets traded lower, while the US stock market ended higher last week, with the Nasdaq notching its best week in two months and second-best week of 2024. Here are key global market cues for Sensex …

China Market Indian Prices Index Price Stock

2 months ago

China economy: Beijing approves $1.4 trillion debt package in latest measure to boost flagging growth

CNN

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — China has approved a 10 trillion yuan plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures to counter a potentially …

Growth China Local Debt Yuan Trillion Local Governments

2 months ago

A Third of UK Prices Basket Is in Deflation, Analysis Finds

Live Mint

A third of Britain’s official “shopping basket” has slipped into deflation, providing another green light for the Bank of England to cut interest rates. The analysis of the UK inflation basket suggests that the cooling in price pressures is at least for now becoming more widespread, welcome news for Prime Minister Keir Starmer’s new Labour government. “Firms are more reluctant …

Inflation Bank Rate Energy Prices Boe Services Prices

2 months, 2 weeks ago

China's Economic Woes Demand a Shift Towards Cooperation Over Assertiveness

Firstpost

China's economic woes require fresh breath, demanding a shift towards cooperation and less assertiveness towards its fellow members of the global economy. Experts suggest that Beijing should focus on bolstering welfare measures and critical technologies, rather than engaging in aggressive expansionist policies.

Politics Law International Relations Economics

3 months, 3 weeks ago

Wholesale Inflation in August Declines

Deccan Chronicle

New Delhi: With the reduction in the prices of manufactured products as well as some food items, India’s wholesale price index or WPI-based inflation for August softened to a 4-month low of 1.31 per cent on an annual basis as compared to 2.04 per cent in July, while it was 0.46 per cent in August last year. “Inflation in manufactured …

Food Inflation Price 2024 Cent Wpi

3 months, 3 weeks ago

India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices

New Indian Express

NEW DELHI: Wholesale inflation fell for the second consecutive month to 1.31 per cent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed. The fuel and power category witnessed deflation of 0.67 per cent in August against inflation of 1.72 per cent in July. Data released last week showed retail inflation was at 3.65 …

Inflation Cent

4 months, 2 weeks ago

'Extremely dangerous': Experts warn Trump's favorite promise may blow up in America's face

Raw Story

Former President Donald Trump's favorite campaign promise to voters would likely blow up in Americans' faces, economic experts told CNN on Tuesday. Wolfers predicted what CNN described as inescapable "doom loop" should Trump reverse course on the Federal Reserve's surprisingly successful efforts to slow inflation slowly and ease the rate at which prices rise, according to the report. “It’s very …

Trump Prices Cnn Zandi

4 months, 3 weeks ago

WPI-based inflation for July eased to 2.04 per cent on annual basis

Deccan Chronicle

New Delhi: India’s wholesale price index or WPI-based inflation for the month of July eased to a 3-month low of 2.04 per cent on an annual basis. In June, WPI inflation was at a 16-month high of 3.36 per cent, driven by costlier food items, while it was 1.23 per cent in July last year, the government data showed on …

Food Inflation 2024 Month Cent Wpi Food Articles

5 months, 3 weeks ago

Flare-up in vegetable prices stalls overall disinflationary trend: RBI officials

The Hindu

Consumer price inflation rose in June after three consecutive months of moderation due to a spike in vegetable prices halting a disinflationary trend underway in the economy, Reserve Bank of India officials led by deputy governor Michael D. Patra wrote in the July edition of RBI Bulletin. Headline inflation Headline inflation measured by on year changes in the all-India consumer …

Inflation Rbi Positive Momentum Bps Vegetable Prices Prices Stalls

7 months, 3 weeks ago

India’s wholesale inflation hit a 13-month high in April

The Hindu

Inflation in India’s wholesale prices rose to a 13-month high of 1.26% in April, from 0.53% in March, owing to an uptick in food inflation and a 1.4% year-on-year rise in fuel and power prices after several months of deflation. The price rise in primary food articles picked up from 6.88% in March to a four-month high of 7.74% in …

Food Inflation Prices Wpi Wholesale Price

9 months ago

Food inflation keeps RBI worried

The Hindu

The spike in food prices has kept the Reserve Bank of India worried even though overall inflation has moderated to a certain extent. RBI Monetary Policy updates | Policy repo rate unchanged at 6.5%; real GDP growth for FY25 projected at 7% The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to …

Policy Prices Food Inflation Das Mpc Remain Food Prices

9 months, 1 week ago

Washington office building sold at 75% discount: ‘US real estate on fire sale’

Hindustan Times

A Washington DC office building was sold at a massive 75 per cent discount, a real estate entrepreneur said. The building was last sold for $60 million in 2006, he shared adding that the building's assessed value in 2018 was $72 million in 2018. On X, the entrepreneur's post read, “Another Washington DC office building has just sold at a …

2018 Office Building Washington Million Sold Washington Dc

9 months, 1 week ago

Japan’s leader seeks a meeting with North Korea and an end to deflation, to boost public support

Associated Press

TOKYO — Japanese Prime Minister Fumio Kishida reiterated Thursday his determination to work toward a summit with North Korea’s Kim Jong Un to realize the return of Japanese people believed abducted by North Korean agents in the 1970s and 80s. “I remain committed to realizing this for Japan,” he told reporters, while declining to directly address the recent comments from …

Japan North Korea Japanese North Korea Kishida Koike

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Search results for deflation

China inflation hits nine-month low in December

Deflation to Provide ‘Respite’ to Sri Lankans, Says Governor

ECB’s Knot Says Trade War Could Export China Deflation to Europe

Bunzl shares fall as distribution giant warns on profit

Prices won’t stop falling in China, and Beijing is grasping for solutions

China moves to Trump-proof its economy

Sri Lanka records highest deflation since 1961

Japan’s latest stimulus package takes new focus: Boosting tax-free income

Price warning as 17-month run of falling shop inflation ends

China should not wait to stimulate its economy

Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, China inflation to Bitcoin prices

China economy: Beijing approves $1.4 trillion debt package in latest measure to boost flagging growth

A Third of UK Prices Basket Is in Deflation, Analysis Finds

China's Economic Woes Demand a Shift Towards Cooperation Over Assertiveness

Wholesale Inflation in August Declines

India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices

'Extremely dangerous': Experts warn Trump's favorite promise may blow up in America's face

WPI-based inflation for July eased to 2.04 per cent on annual basis

Flare-up in vegetable prices stalls overall disinflationary trend: RBI officials

India’s wholesale inflation hit a 13-month high in April

Food inflation keeps RBI worried

Washington office building sold at 75% discount: ‘US real estate on fire sale’

Japan’s leader seeks a meeting with North Korea and an end to deflation, to boost public support