Inflation Rate

Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.Statistics Canada reported Tuesday that the biggest reason for the…

The average asking price for a rental unit in Canada reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row.That's according to the latest…

An easing in overall inflation is not being mirrored in food prices, and experts say severe weather and geopolitical disruptions will continue to cause pain for Canadians at the grocery store. Statistics Canada’s latest Consumer Price…

The decline in the inflation rate in June is primarily due to a fall in prices of mineral oils, food products | Photo Credit: Reuters India’s wholesale prices remained in deflationary territory for the third successive month in June, with…

Australia’s central bank on Tuesday decided to keep the current interest rate unchanged as it assessed the impact of past rate hikes; however, it cautioned that further tightening might be necessary in order to manage inflation…

Fears that the British economy is heading for recession mounted sharply Thursday after the Bank of England raised borrowing costs by more than anticipated, seeking to combat stubbornly high inflation with a hike that will hit…

In April 2023 MPC decision, RBI Governor Shaktikanta Das had said the MPC would not hesitate to take action in the future. (File photo)The government has mandated the RBI to ensure CPI inflation at 4 per cent with a margin of 2 per cent on…

RBI Monetary Policy Committee Meet Live: When, Where & How to Watch Shaktikanta Das Address RBI press conference. (File photo)RBI governor will address a press conference at 12:00 pm on Thursday.The Reserve Bank of India’s rate-setting…

Last Updated: May 24, 2023, 23:55 ISTThe U.S. Memorial Day holiday on May 29 marks the beginning of the peak summer travel season and higher fuel demand. (Image: Reuters File)Brent crude futures rose 90 cents, or 1.2%, to $77.74 a barrel by…

A high base effect and moderation in global commodity prices has resulted in Wholesale Price Index (WPI) falling to a near three-year low of (-) 0.92 per cent in April. This is the first instance in nearly three years (July 2020) that the…