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1. U.S. Inflation Hits Highest Level Since 2008 2. Inflation Rate in U.S. Climbs to 3.6%, Highest Level Since 2012 3. Fed's Powell: Inflation Is Rising, But It's Not a Short-Term Problem 4. How Inflation Can Affect Your Investments 5. What Is Inflation and How Does It Affect the Economy? 6. 8 Simple Strategies to Protect Yourself From Inflation 7. What You Need to Know About High Inflation 8. Corporate Profits Feel the Squeeze as Inflation Rises 9. How Inflation Affects Your Finances 10. Video: What Is Inflation and How Does It Impact You?
By Katherine K. Chan, Reporter HEADLINE INFLATION picked up to 1.5% in August, driven by higher food, electricity and fuel prices, the Philippine Statistics Authority (PSA) reported on Friday. Last month’s consumer price index (CPI) was faster than the 0.9% in July but slower than the 3.3% logged a year ago. The August print fell […]
Aussie is leading the performance board today, supported by stronger-than-expected CPI data and t risk-on tone across the region. Headline inflation ticked up to 3.0%, reinforcing the view that the RBA will remain on hold at 3.60% next week. Next week’s statement and press conference could emphasize vigilance on inflation, while deferring major decisions until the more comprehensive quarterly CPI report is released in October.
BAD WEATHER continued to push up food and electricity prices in September, potentially bringing headline inflation back within he central bank’s target band, Metropolitan Bank Trust & Co. (Metrobank) said. In a commentary on Monday, Metrobank said it expects inflation to pick up to 2.5% in September from 1.5% in August and 1.9% in September […]
Eurozone headline inflation edged up in September, with CPI rising to 2.2% yoy from 2.0% yoy in August, in line with expectations. Core CPI, which excludes energy, food, alcohol and tobacco, held steady at 2.3% yoy, suggesting underlying price pressures remain sticky even as the energy drag eases.
PHILIPPINE INFLATION may have settled between 1.5% and 2.3% in September, amid higher prices of rice, fish and fuel, the Bangko Sentral ng Pilipinas (BSP) said. At the lower end of the BSP’s forecast range, the headline inflation rate may have steadied month on month at 1.5%, the same as in August. Inflation could have […]