Tag Archives: Inflation

[ad_1] KARACHI: While lamenting poor commercial activities, leading traders of Karachi have expressed concerns about lacklustre sales throughout the Eid season. Seventy percent of Eid items, including suits, dresses, shoes, and others, could not be sold due to runaway inflation, shrinking income, falling purchasing power, rising unemployment, and frustrating street …

[ad_1] BENGALURU: Global investors dumped equity funds for the second consecutive week in the week ended April 10, amid persistent inflation worries and diminishing expectations for a US Federal Reserve rate cut in June. Economic data released on Wednesday showed US consumer prices increased more than expected in March, casting …

[ad_1] Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois.  Scott Olson | Getty Images A closely-watched Labor Department report due Wednesday is expected to show not much progress made in the battle to bring down inflation. If so, that would be bad news …

[ad_1] NEW DELHI: E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well as to match the industry-prevalent fee structures. Starting April 7, Amazon.in is revising its fee structure, including referral fees, closing fees, and weight handling fees besides …

[ad_1] KARACHI: The State Bank of Pakistan (SBP) left its key policy rate unchanged on Monday at a record high of 22% for the fifth consecutive time in the past nine months, taking a cautious approach against a likely uptick in inflation readings amid the ongoing talks with the International …

[ad_1] New Delhi: India’s wholesale price-based inflation (WPI) eased to 0.2 percent in February as compared to 0.27 percent in January, data released by the Commerce and Industry Ministry showed on Thursday. “The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.20% (Provisional) …

[ad_1] There was no relief as far as pulses are concerned as they turned costlier by 20.47 per cent, while the prices of cereals went up by 7.83 per cent. [ad_2] Source link

[ad_1] Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve’s decision to take a go-slow approach with interest rate reductions. Economists expect that …

[ad_1] New Delhi: The Centre will pull all stops to ensure prices of essential food items from onion to tomatoes to pulses do not spike particularly during the elections, Union Minister Piyush Goyal said as he cited the Modi government’s track record of controlling rates within days of any temporary hike. …

[ad_1] KARACHI: Pakistan’s weekly inflation reading remained high at 1.11% in the week ended March 7, fuelled by a notable surge in food prices ahead of the beginning of Ramazan and maintaining the uptrend for the second successive week. According to Pakistan Bureau of Statistics’ (PBS) data, the weekly Sensitive …