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, 2012See also: Inflation rate (consumer prices) map
Consumer price data fuel deflation concerns in South Korea
The Korea Herald - 3/5/2015 2:56:38 AM
In that year, Japan's inflation ... country was already in deflation and that this condition may go on for some time. "Weak consumer price growth has already affected the overall economy," he said, urging the Bank of Korea to further lower the key interest ...
RBI cuts interest rate by 25 bps but credit goes to Jaitley, his Budget
Firstpost - 3/5/2015 3:39:35 AM
The larger share of credit for the surprise, quarter percentage point rate ... the country. What is more surprising is that Rajan himself didn’t sound very convincing until recently about a full victory over inflation. To be sure, the consumer price ...
Moderate inflation in Jan-Feb over port relief, stable peso
Rappler - 3/5/2015 8:33:04 AM
Inflation is the general increase in prices of goods, while the inflation target is defined in terms of the average year-on-year change in the consumer ... world crude oil supply growth and weak global demand," Balisacan explained. For electricity rates ...
India makes another surprise interest rate cut to 7.5pc
Dawn - 3/5/2015 4:01:04 AM
The Reserve Bank of India (RBI) lowered the benchmark repo rate ... prices and CPI (consumer) inflation pressures having moderated significantly, there is significantly more headroom for the RBI to deliver monetary policy easing. “With world oil ...
Rajan’s Next India Rate Move Divides Goldman, Morgan Stanley
Bloomberg - 3/5/2015 4:15:23 AM
Rajan said he acted urgently due to the inflation-targeting agreement announced this week and weakness in Asia’s third-largest economy. Rajan had left rates unchanged last month after an unscheduled cut in January. Consumer prices rose 5.11 percent in ...
Bank of Canada Leaves Key Interest Rate Unchanged
Wall Street Journal - 3/5/2015 3:25:16 AM
and the Bank of Canada has described the drop in prices for the commodity as a net negative for the country. Notably, the term “insurance” was absent from Wednesday’s rate announcement. It said “risks around the inflation profile are now more ...
Brazil rate hikes: Adding fuel to the fire
CNBC - 3/5/2015 4:58:20 AM
Brazilian monetary officials hiked interest rates to a six-year high on Wednesday to combat inflation and stem declines in the real, but economists say the move only tips the country closer ... very hard to clamp down price pressures, but by raising ...
The Three Countries With The Highest Inflation
Forbes - 5/9/2014 7:43:49 PM
Elevated inflation can be harmful to a country’s economy. Moreover, as prices rise, if wages don’t keep ... In this article, we’ll discuss the three countries with the world’s highest inflation rate. We’ll also include a brief, but important ...
CHART OF THE DAY: Here Are The Inflation Rates For Every Major Economy In The World
The Business Insider - 1/22/2014 2:55:33 PM
For some context here's a chart of current inflation rates around the world ... the prices of imported goods, both input raw materials and consumer goods, go up. Emerging markets’ current high inflation rates will likely limit emerging market countries ...
Fall in Eurozone Prices Inflames Fears of Deflation
New York Times - 1/30/2015 10:17:49 AM
FRANKFURT — Consumer prices in the 19-country eurozone fell in January for a second ... What alarmed some economists, though, was a low in the eurozone’s so-called core inflation rate, which does not count things like energy, food, alcohol and tobacco ...
Venezuela, Argentina Among World's Most Miserable Countries
The Latin Post - 2/11/2015 3:11:24 PM
The 2014 World Misery Index placed Venezuela at the top of the list for the most miserable countries to live in due to its consumer prices. The Index ranked 108 rates based on "misery" by calculating inflation, unemployment and lending rates and increased ...
Official says China to boost military budget by 10 percent
Philippine Daily Inquirer - 3/5/2015 4:22:32 AM
World’s oldest person celebrates ... goals,” Neill said. China’s low inflation could make this year’s increase close to or bigger in real terms than rises in recent years, when rapid price increases eroded the military’s buying power.
Philippines economy grows by 6.1% in 2014
customstoday.com.pk - 3/5/2015 4:15:23 AM
This is due to lower oil prices which would keep inflation in check and make local ... by 6.9 percent in the fourth quarter of 2014 with an average growth rate of 6.3 percent from 2010 to 2013. Countries from Asia and Africa dominated the list of top ...
China plans to boost military budget by 10.1 percent in 2015
Washington Post - 3/4/2015 8:51:34 PM
The increase to about $145 billion in spending would mark the fifth year in a row of double-digit increases despite the country ... inflation could make this year’s increase close to or bigger in real terms than rises in recent years, when rapid price ...
The price is a blight
The Economist online - 11/8/2013 1:15:23 AM
Asset prices have certainly soared. But consumer prices ... their income through inflation. If inflation in the countries with which the weak economies trade is high, they can improve their competitiveness simply by keeping their rate lower.