consumer inflation

WASHINGTON: Annual consumer inflationin the United States cooled in June to its lowest rate since early 2021, the Labor Department said Wednesday -- an encouraging sign for policymakers battling to lower cost pressures.The key inflation…

Last Updated: June 14, 2023, 03:05 ISTNew York, United States of America (USA)The broad-based S&P 500 advanced 0.7 percent to 4,369.01, while the tech-rich Nasdaq Composite Index jumped 0.8 percent to 13,573.32.Consumer inflation in the…

Last Updated: June 09, 2023, 01:48 ISTNew York, United States of America (USA)Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to…

Last Updated: June 08, 2023, 04:35 ISTNew York, United States of America (USA)The dollar gained 0.31% to 140.10 yen, while the euro rose 0.11% against the U.S. currency to $1.0703. The dollar index was little changed on the day at 104.07.…

India’s economy is expected to grow by 6.7 per cent in the calendar year 2024, supported by resilient domestic demand, according to a UN report which said higher interest rates and weaker external demand will continue to weigh on investment…

The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10 percent in March and put more pressure on the Bank of England to keep raising…

India’s consumer inflation eased to 5.66% in March, the lowest in 15 months, against a 6.44% rise in February, official data released on Wednesday showed. The Reserve Bank of India’s targeted inflation rate is 4(+/-2)%. (HT file…

…

<!-- -->Food prices climbed 84.6%, while prices of non-food items rose 57.1%.Consumer inflation in Sri Lanka accelerated to 70.2% in August, the statistics department said on Wednesday, as the island nation reels under its worst…

<!-- -->Retail inflation eased to below 7% in July, held above RBI's target for seven monthsBengaluru: India's annual retail inflation eased to 6.71% in July, helped by a lower rise in food prices, but remained above the central…