Business News Asia
The Turkish National Statistical Office has announced a year-on-year slowdown to 57.68% in Turkey’s January inflation rate. Although this decrease was a positive outcome, it was still higher than expected at 53.5%. Despite this, the positive fundamental impact is expected…
The National Statistical Office of South Korea has reported that the country’s inflation in January has risen to its highest level in three months, surprising economists. According to the report, the Consumer Price Index (CPI) in January increased by 5.2%…
According to data released by the US Commerce Department, the Personal Consumption Expenditure (PCE) index, which includes food and energy, rose by 5% in December compared to the previous year. This marks the lowest level of inflation since September 2021…
Tokyo’s core consumer price index (CPI) rose 4.3% in January from the previous year, surpassing the Bank of Japan’s (BOJ) target for the eighth consecutive month, according to government data released on Monday. The index, which excludes fresh food prices…
The South Korean Customs Service announced on January 25th that the country has imported a record amount of kimchi from China due to rising inflation in the domestic market. According to the Customs Service, the total value of kimchi imports…
According to the New Zealand Bureau of Statistics, inflation in the fourth quarter of 2022 came in at 7.2% year-on-year, unchanged from the third quarter. While this is the highest level of inflation in nearly three decades, it is below…
Data released on Wednesday (Jan. 25) by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) showed that Singapore’s core inflation held steady at 5.1% for the third consecutive month in December, slightly higher than…
The Australian Bureau of Statistics (ABS) has reported that the Consumer Price Index (CPI) has risen to a 32-year high of 7.8% in the fourth quarter of 2022. This marks the fastest increase in inflation since March 1990. According to…
U.S. Egg prices reached record highs in 2022, with farmers blaming the price increase on bad behavior by egg producers rather than economic factors. According to the Consumer Price Index, a measure of inflation, the average price of eggs of…
The UK inflation fell for the second straight month in December, raising hopes that the worst cost-of-living crisis of this era may have begun to subside somewhat. The Office for National Statistics (ONS) said the Consumer Price Index (CPI), Britain’s…
