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
Inflation in Developed Economies Halved in January, OECD Says
Wall Street Journal - 3/4/2015 2:36:21 AM
The annual rate of inflation across the world’s developed economies more than halved in January, reaching its lowest level since the recession that followed the global financial crisis. While consumer prices rose at a faster pace in a small number of ...
Rajan Cuts India Rates After Modi Agrees to Inflation Target
Bloomberg - 3/4/2015 10:14:29 AM
(Bloomberg) -- Reserve Bank of India Governor Raghuram Rajan cut interest rates in an unscheduled move days after the government agreed for the first time to give the central bank a legal mandate to target inflation. Rajan, citing weakness in Asia’s ...
Thailand, Switzerland top list of world’s 15 happiest economies
Live Mint - 3/4/2015 10:43:07 AM
There, consumer prices will ... the least-miserable country in our analysis is the not-so-wealthy Thailand. That’s partly thanks to an unusually low unemployment rate, currently tracking below 1%, that has so far failed to spur inflation.
Poland slashes interest rates to historic low of 1.5 percent to fight deflation risk
Fox Business - 3/4/2015 2:10:42 PM
The country, however, faces the challenge of falling consumer prices, something that could threaten growth. In January the country had a negative inflation rate in January of -1.3 percent, well below the target inflation rate of 2.5 percent.
RBI cuts interest rate by 25 bps but credit goes to Jaitley
Firstpost - 3/4/2015 8:12:47 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 ...
Repo rate cut by 25 bps to 7.5 pct by RBI Governor Raghuram Rajan in wake of Budget 2015
Financial Express - 3/4/2015 7:44:09 AM
Finally, the rupee has remained strong relative to peer countries ... target exchange rates and does not have a target for currency reserves. Indian inflation has moderated sharply as oil prices slumped since last year. In January, consumer prices INCPIY ...
India central bank cuts key interest rate as inflation eases
Times Union - 3/4/2015 6:39:44 AM
Previously, the central bank was reluctant to lower interest rates because doing so would likely worsen stubbornly high inflation. But India's inflation rate has fallen substantially in recent months as global oil prices ... revive the country's sputtering ...
The 15 happiest economies in the world
The Straits Times - 3/4/2015 4:09:24 AM
On Tuesday, we gave you the 15 most miserable economies in the world, based on Bloomberg's "misery index", which sees inflation and ... on its low unemployment rate at 3.3 per cent, as well as its projected 0.9 per cent drop in prices in 2015.
India ETFs to Buy Following Second Surprise Rate Cut
ZACKS - 3/4/2015 2:03:32 PM
The rate cut came just a few days after prime minister Narendra Modi presented his first annual budget, and the government and central bank agreed to a biggest change in monetary policy by introducing flexible inflation to rein in volatile consumer prices.
India makes another surprise interest rate cut to 7.5%
MENAFN - 3/4/2015 6:25:25 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 prices ...
India makes another surprise interest rate cut to 7.5pc
The Daily Star - 3/4/2015 6:21:14 PM
India's central bank announced on Wednesday a second surprise cut in interest rates ... prices and CPI (consumer) inflation pressures having moderated significantly, there is significantly more headroom for the RBI to deliver monetary policy easing. "With ...
Bloomberg Names Venezuela and Argentina the World’s Most Miserable Economies
nearshoreamericas.com - 3/4/2015 4:05:14 PM
consumer price (CPI) inflation is currently soaring at 78%. The Venezuelan story can be a lesson for others relying heavily on one particular industry. Its foreign currency reserve has been reduced to US$20 billion and there are fears that the country ...
What’s the right rate? Or, the case for monetary policy nihilism
Financial Times - 3/4/2015 8:34:16 AM
Here’s how they define what they’re studying, using hundreds of years of data across more than a dozen rich countries: An equilibrium ... It’s also not obvious that the rate of consumer price inflation is the best way to determine whether the economy ...
India can become world’s fifth-largest economy by decade’s end: Jim O’Neill
Reuters - 3/4/2015 11:11:45 AM
Jim O’Neill, who coined the term BRICs to highlight emerging economic powerhouses Brazil, Russia, India and China, said India’s budget lacked a “wow” factor but was good enough to push the country on ... could become the world’s fifth-largest ...
RBI cuts repo rate by 25 bps
content.magicbricks.com - 3/4/2015 4:52:21 AM
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis ... monitor the revision in the consumer price index (CPI) with regard to the path of inflation in 2015-16 as well ...