Australia’s Inflation meets expectations at 3.6%, Marking a Six-Quarter Peak
According to the Australian Bureau of Statistics' (ABS) Consumer Price Index (CPI) data, prices have been ...
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Tag: inflation
Japan To Increase Wages For Third Time Amid Labour Shortages
Japan’s largest labour union, boasting a membership of 7 million, Rengo, negotiated this increase, which is ...
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Sluggish UK Businesses Expand Rapidly After Trump Tariffs Eases
The service sector, which comprises most of the UK economy, grew fastest in three months in ...
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Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
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Australia’s Central Bank Cuts Interest Rates for the First Time Since 2020
The Australian dollar briefly went up after the decision before reversing its gains. Australia’s central bank ...
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Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia ...
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China Shoppers Splurge For Lunar New Year Amidst Declining Consumer Expenditure
In China, consumers went on a massive shopping spree ahead of the Lunar New Year, even ...
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Thailand’s Economy Misses The Mark But Government To Push Stimulus For 2025
While the Finance Ministry had estimated a 3% growth rate, the Bank of Thailand (BOT) had ...
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The Bank of Canada Has ‘Won’ the Fight Against Inflation By Lowering Interest Rates To 3.75%
Tiff Macklem, the governor of the Bank of Canada (BoC), told the reporters after reducing the ...
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Adjusted Interest Rates Turn Positive in Turkey as Inflation Slows to 48.3%
The shift of Turkey to a looser bias most likely indicates that a first-rate decrease is ...
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