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
What Is Demand-Pull and Cost-Push Inflation?
Market Realist - 7/25/2016 10:04:58 AM
The government cut rates as well as taxes. House prices rose about 30%, which fueled a positive wealth effect. Consumer confidence soared ... there are very few examples of demand-pull inflation, given the slowing global (URTH) economy.
Analysts Predict Worsening Consumer Confidence in Nigeria
This Day Live - 7/25/2016 11:33:51 PM
Nigeria’s Consumer Price Index (CPI), which measures inflation, rose by 0.9 per cent to an ... had the misconception that it was the only solution to the country’s perennial exchange rate crisis. “It is not! People thought once we open the market ...
Bangladesh holds rate, inflation seen easing to 5.45%
CountingPips - 7/26/2016 1:31:22 PM
Bangladesh Bank (BB) said consumer price inflation had been ... targeting market interest rates from the current monetary policy approach of mainly targeting the money stock, which is most useful for underdeveloped countries with limited external openness.
Raghuram Rajan Defends Inflation Record, Urges RBI's Independence
NDTV - 7/26/2016 6:03:23 PM
Rajan had faced withering criticism for keeping interest rates high and choking growth ... Rajan on Tuesday credited the RBI's deliberate efforts to control consumer prices for bringing down inflation and supporting economic growth, rejecting arguments ...
Nigeria hikes rates to lift naira, fight inflation
Modern Ghana - 7/26/2016 6:03:23 PM
Abuja (AFP) - The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate to 14 percent from 12 percent in move to stabilise the country's currency, the naira, and tame soaring inflation ... But the global fall in crude prices since ...
India needs to be careful with inflation targeting: Former RBI chief Subbarao
The New Indian Express - 7/26/2016 1:38:31 PM
Duvvuri Subbarao warned that the country should avoid fixating on an inflation target given the need to ensure economic growth. He added that inflation in India is driven by oil and food prices ... rates during his tenure, which was marked by the global ...
India cenbank governor defends inflation record, urges independence
Reuters - 7/26/2016 11:29:40 AM
Rajan had faced withering criticism from right-wing members of Prime Minister Narendra Modi's party for keeping interest rates high and choking ... RBI's deliberate efforts to control consumer prices for bringing down inflation and supporting economic ...
Revamped pigeon pea seed could ease inflation in India
Ahmedabad Mirror - 7/26/2016 1:35:32 AM
By adding a gene to the seed's DNA, he hopes to make it pest-proof, boost output by 30 percent and help reduce dependence on imports in a country that's both the world's biggest ... of Asia's second-highest inflation rate. Prices of the beans, chickpeas ...
Malawi: Inflation Rate Increases to 22.6% in June
Medafrica Times - 7/25/2016 4:02:53 PM
The national statistics office of Malawi, on Monday, said the country’s inflation has accelerated to 22.6 percent year-on-year in June from 21.5 percent in May, driven partly by higher food prices ... In its annual report of World Economic Monitor ...
G20 Growth Vow Keeps Global Shares Near Nine-Month High
NBC News - 7/25/2016 6:44:32 AM
Backsliding oil prices though held back commodity firms and emerging market stocks. MSCI's 46-country All World index couldn't push over peaks ... Fed's comments this week are supportive towards a rate hike and if the BOJ eases," said Koji Fukaya at ...
Consumer Price Index and the Inflation Rate
The Motley Fool - 3/1/2014 3:43:32 PM
While it may not be the best measure of the inflation rate, the consumer price index is tied to ... in other parts of the world it is a major issue. Venezuela is a prime example: The value of the country's currency is spiraling downward.
10 countries with highest inflation rate
Rediff India Abroad - 4/5/2011 10:48:29 AM
The entire world - from a rich nation like the United States to one of the poorest countries ... consumer price index saw an increase of 15.46 percent in December from a year earlier. Although government has been trying to bring down the inflation rate ...
Nigerian Central Bank Raises Interest Rate
NASDAQ - 7/26/2016 10:39:34 AM
The Nigerian central bank on Tuesday raised its main interest rate to 14% from 12%, as the country grapples with ... interest rates to fight high inflation or to keep rates on hold to help economic growth. Consumer prices jumped by 16.5% in June from ...
Brazil inflation likely eased slightly in mid-July
Business Recorder - 7/19/2016 11:05:10 PM
BRASILIA: Brazil's annual inflation rate likely dropped slightly in mid-July as a stronger local currency eased the price of imports and a crippling recession dragged down consumer spending in Latin America's largest country. Consumer prices likely rose 8 ...
Electricity price hike likely main hurdle for 2016 growth: BI
The Jakarta Post - 7/26/2016 4:41:39 AM
Bank Indonesia predicts that the electricity price hike will be the main hurdle for the country ... inflation in June as standing at 0.66 percent while in the first week of July, inflation was at 1.2 percent. Ceteris paribus, the inflation rate will ...