Rising food prices shatter hope of taming inflation Business Day | PRICES at SA’s factories, mines and farms rose more slowly than expected last month, but hope that inflation would remain in check has been dashed by rising food prices. | Producer inflation rose 9,8% compared with December 2010, official data showed yesterday, well below forecasts for a 10,1% i...
Australia inflation contained, room for rate cut The Guardian * CPI flat in Q4 vs Q3, +3.1 pct on the year * Underlying inflation 2.6 pct for year, touch above forecasts * Leaves room for a further cut in interest rates in Feb (Adds detail, graphics) By Wayne Cole SYDNEY, Jan 25 (Reuters) - Australian consumer prices were unexpectedly soft last quarter as food...
Food inflation in negative zone The Hindu Food inflation remained in the negative zone for the fourth week in a row, at (-)1.03 per cent for the week ended January 14, on account of cheaper vegetables. | Food inflation, as measured by the wholesale price index (WPI), was at (-)0.42 per cent ...
Rising food prices shatter hope of taming inflation Business Day | PRICES at SA’s factories, mines and farms rose more slowly than expected last month, but hope that inflation would remain in check has been dashed by rising food prices. | Producer inflation rose 9,8% compared with December 2010, official data sh...
Dhaka steps up fight against inflation Gulf News | Dhaka: Bangladesh's central bank pledged to further restrain credit growth as it tries to slow an inflation rate exceeding 10 per cent and steady a weakening currency. | Bangladesh Bank will "pursue a restrained monetary growth path in or...
NZ dollar touches new three-month high on Fed inflation target NZ Herald | The New Zealand dollar touched a fresh a three-month high against the greenback after the Federal Reserve chairman Ben Bernanke announced an inflation target. | The New Zealand dollar rose to 81.89 US cents just after 8.30am, having climbed as high...
AP / Eugene Hoshiko
China inflation eases to 15-month low, policy easing eyed The Guardian * December consumer inflation 4.1 percent * Policy seen tilting towards support for growth * Food price inflation sticky, will keep Beijing wary * Growth figures to be released nex...
Comparing the Fed's views on inflation, rates my SA | WASHINGTON (AP) — A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its Dec. 13 meeting: | INTEREST RATES: | December: The Fed "anticipates that economic conditions ... are likely to warrant except...
NZ dollar gains after Australian inflation as OCR looms NZ Herald | The New Zealand dollar gained against the greenback ahead of tomorrow's official cash rate review, where the Reserve Bank is expected to keep rates on hold, and after Australian inflation was more benign than expected. | The New Zealand dollar rose...
Weak inflation likely to lead to rate cut Sydney Morning Herald | AAP | Economists say another cut to interest rates is a "done deal" after official data showed inflation was continuing to slow. | Data released by the Australian Bureau of Statistics (ABS) on Wednesday showed the consumer price index (CPI), the ke...
Sri Lanka plan to use T20 World Cup to promote investment and tourism Cricket Country | | Colombo, Jan 26 (PTI) | | Sri Lankan government is willing to make use of the T20 Cricket World Cup, to be hosted by the island nation in September, to promote investment and tourism. | "Since this will be an ideal opportunity to promote the country's image, a joint effort will be taken by the Sri Lanka Tourist Board, Hotels Corpo...
Nikkei hits 3-month closing high; Elpida surges Zeenews Tokyo: Japan's Nikkei share average hit its highest closing level in nearly three months on Tuesday on expectations that a Greek debt swap deal will still be reached even after European finance ministers rejected an offer by Greece's private creditors. | Struggling Elpida Memory Inc surged 4.6 percent after a media report that the Japanese chipmake...
