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
Australia inflation slowdown sets scene for rate cut
investing.com - 7/27/2016 3:21:44 AM
SYDNEY (Reuters) - Australian consumer prices rose at the slowest annual pace since 1999 last quarter while core inflation remained at a record low, setting the stage for a cut in interest rates as early ... washing around the world. An excess of supply ...
Australia inflation eases to 17-year low
Economic Times - 7/27/2016 7:10:47 AM
SYDNEY: Australian inflation eased to a 17-year low in April-June, official figures showed Wednesday, raising the prospects of another interest rate ... like most countries it is struggling to kickstart inflation, with oil prices subdued and global trade ...
Vietnam's central bank battles to fight inflation
e.vnexpress.net - 7/27/2016 4:54:47 AM
Vietnam’s inflation started picking up in May to the highest increase in the past five years. More importantly, although food accounts for 42.8 percent of the 19 goods and services the country uses to calculate consumer ... world oil prices are climbing ...
CBN Moves to Tame Inflation, Ups Interest Rate to 14 Per Cent
This Day Live - 7/27/2016 3:36:03 AM
In a strong bid to tame inflation ... to retain the rate at 12 percent. The hike in interest rate came on the day the Naira hit N310.07 to the US Dollar even as the World Bank raised some hope of a brighter year, raising its oil price forecast for 2016 ...
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.
Venezuela’s Inflation to Reach 1,600% in 2017, Spurring Demand for Bitcoin
NASDAQ - 7/26/2016 3:15:45 AM
The weakening economy of Venezuela under the regime of President Nicolas Maduro is forecast by the International Monetary Fund to reach a consumer-price inflation rate of 480 percent ... that can be transported out of the country and protected from seizure ...
PRECIOUS-Gold eases as investors await U.S. Fed rate policy
Reuters - 7/26/2016 9:06:31 AM
The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation ... prices June 0645 France Consumer ...
Inflation Targeting: Is India Adopting A Flawed Paradigm?
swarajyamag.com - 7/27/2016 10:24:04 AM
Third, the need to take insurance against the global economic collapse in 2008 meant that the RBI had to drop rates amidst still-high consumer price ... above which inflation hurts growth. Economics literature is inconclusive. A cross country study by ...
Raghuram Rajan Defends Inflation Record, Urges Independence
news18.com - 7/27/2016 3:24:43 PM
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 ...
Nigeria: CBN Raises Interest Rate to Stem Rising Inflation
AllAfrica - 7/27/2016 10:09:45 AM
The Central Bank of Nigeria (CBN) on Tuesday raised monetary policy rate ... inflation. With the country's economy already declared to be technically in recession, the National Bureau of Statistics (NBS) said in the latest consumer prices index report ...
CBN raises interest rate to 14% to battle inflation
thenewsnigeria.com.ng - 7/26/2016 11:04:02 PM
The Monetary Policy Committee on Tuesday hiked the Monetary Policy Rate by 200 basis points from 12 per cent to 14 per cent to combat inflation ... country through western union, money gram, etc to fund the BDCs. “This we hope will bring down prices ...
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 ...
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 ...
Wholesale Price Inflation Doubles In June On Higher Potato, Pulses Prices
NDTV - 7/14/2016 2:42:52 PM
The faster-than-expected rise in wholesale food prices will also impact retail inflation, which is used by the Reserve Bank to set interest rates. Among food items ... India, the world's biggest consumer of pulses, produced 17 million tonnes in 2015-16 ...
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 ...