inflation
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Inflation to dog world economy next year | The Express Tribune
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[ad_1] BENGALURU: High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher…
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Weekly inflation surges 29.6% | The Express Tribune
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[ad_1] KARACHI: The weekly inflation, measured by the Sensitive Price Indicator (SPI), surged 29.65% in the week ended October 26, 2023 compared to the corresponding week of last year, driven primarily by higher prices of energy and food items. Pakistan…
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US consumer spending rises in tandem with monthly core inflation
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[ad_1] An American shopping for groceries in a US supermarket. — AFP/File US consumer spending grew more than anticipated in September as households upped their vacation and auto purchases, continuing the trend of higher spending growth as we move into…
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Weekly inflation eases 1.7% over oil price fall | The Express Tribune
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[ad_1] ISLAMABAD: Owing to the reduction in prices of petroleum products in line with global trend and the fall in dollar rate in the wake of a crackdown on currency smugglers and hoarders, the inflation rate has come down in…
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Israel-Hamas hostilities drag down US stocks amid rising inflation fears
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[ad_1] Palestinian militants fire rockets toward Israel from Rafah, southern Gaza Strip, on Oct. 11, 2023. — AFP Wall Street stocks mainly fell on Friday, capping a turbulent week in which investors evaluated bank earnings, worried about inflation, and appraised…
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Pakistan inflation spikes to 31.4% amid high fuel, enery prices
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[ad_1] A person counts Rs100 notes in this undated image. — AFP/File Inflation rose to 31.4% year-on-year in September from 27.4% in August, data from the Pakistan Bureau of Statistics (PBS) showed Monday, as the nation faces high fuel and…
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Bank of England holds rate after 14 straight hikes as inflation hits brakes
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[ad_1] A pedestrian walks past the Bank of England in London. —AFP/File The Bank of England (BoE) Thursday kept its primary policy interest rate unchanged, ending a streak of 14 consecutive rate hikes, a decision that follows an unexpected slowdown…
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Pakistan to face highest inflation | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s economy stands out as an outlier in Asia, according to a new report that predicts the country will have the highest inflation rate but the fourth lowest economic growth rate among all 46 economies in the region….
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France to allow sale of fuel below cost to combat inflation
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[ad_1] Drivers line up as they wait at a Carrefour fuel station in Lattes, near Montpellier, southern France on October 10, 2022. — AFP France’s Finance and Economy Minister Bruno Le Maire announced on Monday that the country would lift…
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SPI inflation rises by 24.39% | The Express Tribune
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[ad_1] KARACHI: In a concerning development, the Sensitive Price Indicator (SPI), which tracks 51 essential commodities, recorded a 24.39% increase in weekly inflation, ending on August 8, 2023, compared to the same period last year. This surge in prices is…
