Tag: consumer prices

The Chinese flag flies outside a commercial building in Shenzhen, China, on Tuesday, July 2, 2024. (Raul Ariano/Bloomberg)
Posted in Business

China’s deflation risk grows as signs of economic weakness mount

China’s core inflation cooled to the weakest in more than three years, adding to signs policymakers are struggling to get households spending and further putting…

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People shop at a grocery store in Rosemead, California. US consumer inflation eased slightly in July, according to US Labor Department data.(AFP)
Posted in Business

Annual US inflation falls to 3-year low. When will Federal Reserve cut rates?

Aug 15, 2024 07:57 AM IST Data from US Labor Department showed that consumer prices rose just 0.2% from June to July after dropping slightly…

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UK inflation slows to lowest level in almost 2.5 years
Posted in UK News

UK inflation slows to lowest level in almost 2.5 years

LONDON: Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting…

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Consumer Prices: China slides into deflation: What is deflation and what are its impacts
Posted in China News

Consumer Prices: China slides into deflation: What is deflation and what are its impacts

China’s economy is in trouble. The country has slipped into deflation, with consumer prices contracting for the first time in more than two years. This…

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