Articles for Inflation Hits

UK inflation hits six-month high of 2.3% on high energy bills; BoE stresses on gradual rate cuts
1 month ago

UK inflation hits six-month high of 2.3% on high energy bills; BoE stresses on gradual rate cuts

Live Mint  

British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth gathered speed too, showing why the BoE is moving cautiously on interest rate cuts. Consumer prices rose by an annual 2.3% in October, pushed up almost entirely by an increase in regulated domestic energy tariffs, after a …

British Price High Rate Britain Rate Cuts Rise
WPI inflation hits 4-month high of 2.4% in October
1 month, 1 week ago

WPI inflation hits 4-month high of 2.4% in October

Hindustan Times  

India’s wholesale inflation, as measured by the Wholesale Price Index, rose to a four-month high of 2.4% in October, according to data released by the Union ministry of commerce and industry on Wednesday, mirroring the spike in retail inflation, and also caused by the same underlying factor -- higher food prices. WPI inflation hits 4-month high of 2.4% in October …

Food Prices High Wpi Manufactured Goods Inflation Hits
Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%
5 months ago

Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%

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 Home buyers and businesses waiting …

Europe Inflation Bank Fed Rates Meeting Rate Cuts
Wall Street hits more records as Tesla stock zooms
5 months, 3 weeks ago

Wall Street hits more records as Tesla stock zooms

LA Times  

The Fearless Girl statue faces the New York Stock Exchange. Stocks got a lift from easing Treasury yields after the head of the Federal Reserve made comments that investors took as a signal for possible cuts to interest rates later this year. Although plentiful job openings are great news for workers, the fear on Wall Street is that too strong …

Market Tesla Treasury Stock French Fed Dow
US consumer confidence hits three-month low on inflation
2 years, 6 months ago

US consumer confidence hits three-month low on inflation

Al Jazeera  

The Conference Board said on Tuesday that its consumer confidence index dipped to 106.4 in May from 108.6 in April. The Conference Board said on Tuesday that its consumer confidence index dipped to 106.4 in May — still a strong reading — from 108.6 in April. US producer prices soared 11 percent in April from a year earlier, a hefty …

Consumer Inflation Biden
German inflation rate hits highest level since early 1970s
2 years, 6 months ago

German inflation rate hits highest level since early 1970s

Associated Press  

BERLIN — Germany’s annual inflation rate accelerated to 7.9% in May, its highest level in nearly half a century, according to an official estimate Monday. The Federal Statistical Office said year-on-year inflation jumped from 7.4% in April, with energy prices 38.3% higher than in May last year and food prices up 11.1%. It is the highest inflation rate since the …

Germany German Highest Inflation
Inflation across eurozone hits record high of 4.9%
3 years ago

Inflation across eurozone hits record high of 4.9%

The Hindu  

Official figures show that consumer prices across the 19 countries that use the euro currency are rising at a record rate. Eurostat, the European Union's statistics agency, said Tuesday that the eurozone's annual inflation rate hit 4.9% in November, the highest since records began in 1997. The core inflation rate, which strips out potentially volatile items such as alcohol, energy, …

Inflation Rate Euro Hits Record
Price pressures: Canada’s inflation hits 18-year high
3 years, 2 months ago

Price pressures: Canada’s inflation hits 18-year high

Al Jazeera  

Driven higher by rising food and home prices, the consumer price index rose 4.4 percent last month compared with a year earlier. The data also come as traders in the overnight swaps market bet increasingly against the Bank of Canada’s guidance that policymakers won’t raise interest rates until the second half of next year. He acknowledged on Oct. 7 that …

Canada Bank Price High Macklem Inflation Hits
Canada inflation hits 18-year high as Trudeau faces tight race
3 years, 3 months ago

Canada inflation hits 18-year high as Trudeau faces tight race

Al Jazeera  

With less than a week to go before Canadians cast their votes in federal elections, new inflation figures gave the opposition Conservatives fresh political fodder to use against Prime Minister Justin Trudeau’s Liberal Party. But with less than a week to go before Canadians cast their votes in a tight federal election race pitting Prime Minister Justin Trudeau’s Liberal Party …

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