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inflation rate

Blame game, once again
Opinion

Blame game, once again

A successor government blaming its predecessor government for all the ills is nothing new. Therefore, Pakistan ...
Published 18 Jun, 2022 06:00am
Yields dip as investors buy bonds for month-end
Markets

Yields dip as investors buy bonds for month-end

  • "Right now it's month-end rebalancing," said Ian Lyngen, head of US rates strategy at BMO Capital Markets in New York, noting the next major market catalyst will be next Friday's jobs report for April.
  • The yields fell back down in the afternoon, however, and are now trading in the middle of their recent range.
Published 30 Apr, 2021 08:46pm
Outlook for inflation
Opinion

Outlook for inflation

The rate of inflation has risen sharply in the last two months. It had come down to 5.7 percent in January 2021....
Published 06 Apr, 2021 04:23am
Mexican inflation likely accelerated in February
World

Mexican inflation likely accelerated in February

  • The median forecast of 14 analysts was that inflation advanced in February to 3.72% from 3.54% in January.
  • The Bank of Mexico targets a rate of 3% with a one percentage point tolerance threshold above and below that.
Updated 08 Mar, 2021 10:18pm
US producer prices post biggest gain since 2009
World

US producer prices post biggest gain since 2009

  • A 1.3% rise in the prices of services accounted for two-thirds of the increase in the PPI. That was the biggest gain since December 2009 and followed a 0.1% drop in December.
  • Slack in the labor market remains excessive, with at least 20 million Americans on unemployment benefits.
Published 17 Feb, 2021 08:18pm
US producer prices post biggest gain since 2009
World

US producer prices post biggest gain since 2009

  • A 1.3% rise in the prices of services accounted for two-thirds of the increase in the PPI. That was the biggest gain since December 2009 and followed a 0.1% drop in December.
  • Slack in the labor market remains excessive, with at least 20 million Americans on unemployment benefits.
Published 17 Feb, 2021 08:18pm
Turkey targets tax and price rises to lessen inflationary impact
World

Turkey targets tax and price rises to lessen inflationary impact

  • Inflation ended 2020 above government forecasts at 14.6%, mainly due to a sharp decline in the lira and surging food prices.
  • Bankers said the government, in a departure from previous years, is hiking taxes and prices on items that account for only a small portion of the inflation basket.
Published 05 Jan, 2021 04:59pm