Definition: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Inflation rate (consumer prices) map
Former RBI governor C Rangarajan seeks rate cut, says India fit to face global tumult
Economic Times - 9/4/2015 3:58:47 AM
"Right now CPI (consumer price index) inflation is below 4 per cent, which is below the target rate. I personally think unless there is something dramatic happening in the world economy ... on India than in the other countries, he said.
Inflation, the Fed, and the Big Picture
PROJECT SYNDICATE - 9/4/2015 6:43:25 AM
The share of countries recording outright deflation in consumer prices (the green line ... even eight years after the onset of the global financial crisis. For this group, the median inflation rate is 0.2% – the lowest since 1933. The only advanced ...
As global uncertainty grows, ECB chief Draghi says more stimulus possible for eurozone
US News and World Report - 9/3/2015 5:43:10 PM
Market volatility, concern over a looming U.S. interest rate increase and a drop in oil prices have spawned uncertainty over the global economy ... The stimulus is intended to help get consumer price inflation back toward the ECB's target of just below ...
World's major central banks are struggling to reach 2 pct. inflation target
Fox Business - 9/3/2015 6:40:26 PM
WASHINGTON – Is 2 percent inflation too ... They argue that a rate increase that takes effect before clear evidence of rising prices could choke off consumer and business spending and potentially income growth. "When the world economy is fragile, you ...
Uganda: Inflation Declines As Food Prices Fall
AllAfrica - 9/4/2015 7:40:41 AM
Kampala — A reduction in annual food inflation of 1.8 per cent has helped Uganda to register a decline in its prices of foodstuff. Uganda Bureau of Statistics (Ubos) said in its latest Consumer Price ... caused by the exchange rate depreciation, which ...
Why rate cut is the need of the hour? Know it from former RBI governor C Rangarajan
businessinsider.in - 9/4/2015 8:37:57 AM
Consumer Price Index (CPI) is under 4%: Presently, CPI inflation is below 4%, which is below the target rate. "Unless there is something dramatic happening in the world economy ... be less on India than in the other countries, he said.
The Latest: ECB's Draghi says inflation target must stand
Beaumont Enterprise - 9/3/2015 2:15:35 PM
The stimulus is intended to help get consumer price ... 2 percent. Inflation is now only 0.2 percent, a sign of weak demand and a slower than expected global economy. 1:45 p.m. The European Central Bank has left its benchmark interest rate unchanged ...
Inflation slows on tepid demand
The Daily Star - 9/3/2015 8:27:48 PM
lead economist of the World Bank in Dhaka. “This is good news because non-food inflation had risen in July before falling in August. “Weaker domestic demand following the Eid festival, stable international commodity prices and nominal exchange rate ...
ECB flags beefed up QE as growth, inflation outlook fades
Reuters - 9/3/2015 4:10:06 PM
The ECB, which left interest rates ... price in new policy steps from the bank. "The words chosen by the ECB suggest that it would not hesitate to raise the size of its asset purchases and prolong them beyond September 2016 if the outlook for growth and ...
Cost of everyday supermarket items ‘rises by eight per cent’
business-reporter.co.uk - 9/4/2015 8:23:38 AM
Around 6,500 prices are collected each day, which adds up to roughly 200,000 a month, a much larger number than that gathered by the traditional approach used for calculating the consumer price index (CPI) rate of inflation. For example, while the CPI is ...
Central banks falling short of 2 percent inflation target
The Boston Globe - 9/3/2015 11:33:55 PM
Market volatility, concern over a looming US interest rate increase, and a drop in oil prices have spawned uncertainty about the global ... inflation and growth forecasts for the eurozone. Draghi said the ECB can add to its $1.2 trillion program if the 19 ...
Seeing through a distorted world
Money Week - 9/3/2015 3:34:19 PM
Because we live in a bizarre, fake world ... activity from lower oil prices has not materialized, and lower energy costs are keeping inflation low. Hence, monetary policy must stay accommodative to prevent real interest rates from rising prematurely.”
IMF warns against rate rises by leading economies
Gulf News - 9/3/2015 2:51:22 PM
London: The IMF urged the world’s leading ... boost from lower oil prices had failed to materialise and with low inflation in all advanced economies, “monetary policy must stay accommodative to prevent real interest rates from rising prematurely”.
Average US rate on 30-year mortgage rises to 3.89 percent
Yahoo News - 9/3/2015 2:51:22 PM
that some effects of a stronger dollar and a plunge in oil prices — key factors in holding down inflation — have already started to diminish. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at the beginning of each week.
IMF calls on US Fed to ‘hold off’ on rate hike
Daily News Egypt - 9/3/2015 6:47:35 PM
The fund rate ... or price inflation than are currently evident.” Should the Fed, nevertheless, chose to move on rates, he urged the bank to be clear about its policy intentions because this was “critical” to allow countries around the world to ...