Concurrently, industrial output for January surged to 5 per cent, substantially outpacing the projected 3.5 per cent.

Prices around the Phoenix area continue to rise more slowly than the national inflation numbers, but many people still need ...

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Some market measures tell a similar story. The one- and two-year breakeven inflation rates, based on the difference between nominal and inflation-adjusted Treasury yields, are up by 1.7 and 0.8 ...

The rate of inflation based on WPI Food Index increased from 5.52 percent in April, 2024 to 7.40 percent in May, 2024. WPI inflation accelerates to 1.26% in April from 0.53% a month ago The month ...

The rate of inflation jumped to 3% last month in the blow to hopes of early further interest rate cuts. The Office for National Statistics (ONS) revealed that the Consumer Prices Index (CPI ...

Grant Fitzner, chief economist at the ONS said, said: “Inflation increased sharply this month to its highest annual rate since March last year. The rise was driven by air fares not falling as ...

Alternatively, spiralling inflation can push up interest rates, which raises the cost to the government of servicing its debt. Although Russian rates have indeed risen, the government’s debt is ...