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    US Consumer spending beats expectations; wage inflation slows

    29 Oct 2022

    US consumer spending rose more than expected in September while underlying inflation pressures continued to bubble, keeping the Federal Reserve on track

    Sri Lanka consumer inflation hits record 73.7% in September

    21 Oct 2022

    Sri Lanka’s National Consumer Price Index (NCPI) rose to a new high of 73.7 per cent in September from a year earlier, quickening from 70.2 per cent in August,

    UK borrowing costs jump again as BoE sticks by bond plan deadline

    12 Oct 2022

    British government borrowing costs jumped again on Wednesday after Bank of England (BoE) Governor Andrew Bailey told pension funds they had three days to fix liquidity problems before the bank ends emergency bond-buying that has provided support. The 20-year gilt yield hit its highest in 14 years at 5.141 per cent, and 30-year yields

    Rising food, crude prices and weak rupee fuel India’s inflation

    08 Oct 2022

    Inflation in India has been on the rise consistently for the past several months and various reasons can be attributed to it such as soaring food and oil prices, among others.

    India’s inflation at a manageable level of 7.4%, says finance minister

    17 Oct 2022

    Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 per cent in India, is “at a manageable level” compared to where some other countries

    Australia’s inflation expected to peak towards end of year: Official

    23 Oct 2022

    Australia’s treasurer has warned that inflation in the country is expected to peak towards the end of the year and it will persist for a little bit longer because of the impact of the natural disasters and energy prices.

    India’s retail inflation accelerates in October

    12 Nov 2021

    India’s annual retail inflation rose to 4.48 per cent % in October compared with 4.35 per cent in the previous month, government data released on Friday showed.

    India’s economic rebound faces rising risk from virus variants

    23 Jul 2021

    India’s economic rebound, already weakened in recent months, could lose further momentum as coronavirus variants pose the greatest threat and inflation rises, a Reuters poll of economists found.

    Eurozone economy booms in July at fastest rate in 21 years

    24 Jul 2021

    Business activity in the eurozone shot ahead at its fastest rate in 21 years in July, a closely watched survey said on Friday, as the economy went into full throttle with loosened Covid-19 restrictions.

    India inflation likely rose in August

    11 Sep 2022

    India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a Reuters poll of economists found, which may add pressure on the Reserve Bank of India

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