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South Korea’s inflation rises in October

Data released by the government on Wednesday said annual consumer inflation in South Korea rose in October from the previous month, reflecting the impact of rising global commodity prices. The consumer price index (CPI) rose 5.7% in October from a…

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Inflation in the Eurozone Reaches a Record 10.7% in October

The statistical office of the European Union (Eurostat) reported that the consumer price index (CPI) rose 10.7% year-on-year in October. This was the highest value since Eurostat began collecting data in 1997, after reaching 9.9% in September. The CPI rose…

the colombo lotus tower

Sri Lanka inflation is expected to reach the peak

Sri Lanka’s 70% inflation is nearing its peak as the shortage problem is eased. The monetary authorities’ interest rate decisions continue to be made based on information and forecasts for the future, with the CBSL temporarily suspending rate hikes after…

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