inflation

flag of india

Reserve Bank of India Holds Repo Rate Steady at 6.5%, Closely Monitors Inflation Trends

The Reserve Bank of India (RBI) has opted to maintain the repo rate, the key policy interest rate, at 6.5% during its meeting held today, April 5. This decision aligns with market expectations and marks the seventh consecutive instance of unchanged rates. The Monetary Policy Committee of the RBI has chosen to keep the policy […]

Reserve Bank of India Holds Repo Rate Steady at 6.5%, Closely Monitors Inflation Trends Read More »

photo of pagodas during daytime

Thailand’s Inflation Continues to Decline: March Records -0.47%, Marks Sixth Consecutive Decrease

The Office of Trade Policy and Strategy (TPOC) under the Ministry of Commerce has disclosed that Thailand’s General Consumer Price Index (CPI) for March stood at 107.25, indicating a notable decrease in general inflation by -0.47% compared to the same period last year. This aligns closely with market expectations of -0.4%, marking the sixth consecutive

Thailand’s Inflation Continues to Decline: March Records -0.47%, Marks Sixth Consecutive Decrease Read More »

old town with tower of saint peter church in zurich

Switzerland’s Inflation Hits Lowest Level in Two and a Half Years

The Swiss government revealed today (April 4) that Switzerland’s inflation has decelerated to its lowest point in two and a half years, marking a significant development in the country’s economic landscape. This trend supports the recent decision by the Swiss Central Bank (SNB) to implement its first policy interest rate cut since 2015, which was

Switzerland’s Inflation Hits Lowest Level in Two and a Half Years Read More »

high rise building at golden hour

Philippines Revises Downward Economic Growth Forecast to 6-7% Amid Inflation and High Interest Rates Impact

The Philippines has revised its economic growth projections for the current year and the next, citing persistent inflation and escalating interest rates that have dampened consumption and investment activities. According to Secretary Arsenio Balisacan of the National Economic and Development Authority (NEDA), the country’s economic growth forecast for 2024 has been adjusted to 6-7%, down

Philippines Revises Downward Economic Growth Forecast to 6-7% Amid Inflation and High Interest Rates Impact Read More »

low angle photo of flag of turkey

Turkish Inflation Expected to Soar to Nearly 70% in March Following Lira Decline Amid Local Election Results

Turkey is bracing for a potential surge in inflation, projected to reach nearly 70% in March, as concerns mount over the weakening Turkish lira in the aftermath of Sunday’s local elections, which delivered unfavorable outcomes for President Recep Tayyip Erdogan’s party. Data scheduled for release today (April 3) is anticipated to reveal a year-on-year inflation

Turkish Inflation Expected to Soar to Nearly 70% in March Following Lira Decline Amid Local Election Results Read More »

photo of european banknotes

Eurozone Consumers Anticipate Short-Term Inflation Decline, ECB Survey Shows

According to a survey conducted by the European Central Bank (ECB), Eurozone consumers have revised down their short-term inflation expectations in February, although long-term expectations persist. The survey results indicate that consumers currently anticipate inflation over the next 12 months to reach 3.1%, down from the previous month’s forecast of 3.3%. In a statement, the

Eurozone Consumers Anticipate Short-Term Inflation Decline, ECB Survey Shows Read More »

germany flag in front of building

Inflation Rates Decline in 6 German States, Signaling National Slowdown

Preliminary data released today (April 2) indicates that inflation rates in six key German states decreased in March 2024, suggesting a continued decline in nationwide inflation. Economists are closely monitoring the national inflation figures, as Germany typically releases its data ahead of the Eurozone inflation report, scheduled for Wednesday (April 3). In North Rhine-Westphalia, Germany’s

Inflation Rates Decline in 6 German States, Signaling National Slowdown Read More »

philippine flag

Philippine Central Bank Anticipates March Inflation to Range from 3.4% to 4.2%

The Central Bank of the Philippines (BSP) has projected that the annual inflation rate for the Philippines in March is expected to fall within the range of 3.4% to 4.2%. This forecast comes as the BSP closely monitors various factors influencing the inflation trend in the country. Official data on March’s inflation will be released

Philippine Central Bank Anticipates March Inflation to Range from 3.4% to 4.2% Read More »