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?
A Reuters poll last month projected India to be the fastest-growing major economy this fiscal year, supported by government spending ahead of next May's general election. Get more Economy & Infra News and Business News on Zee Business.
In Australia, the Q3 CPI printed at 1.2% (5.4%yr) for headline inflation and 1.2% (5.2%yr) for core trimmed mean inflation. The detail of the report highlighted that, although the disinflationary process remains intact, its pace is not as fast as Westpac and the RBA were anticipating. Indeed, on a six-month annualised basis, core inflation only edged lower Q2 to Q3 from 4.5% to 4.3%. In the quarter, major goods categories were stronger than expected, most notably automobiles and house purchase costs. Upside surprises were also seen within services, particularly ‘other recreational, sporting and cultural services’ – capturing cinemas, concerts and sporting events – which posted its strongest September gain since the introduction of GST in 2000, +3.4%.
ECB's latest Survey of Professional Forecasters for Q4 presents marginal adjustments to economic outlook for the 2023-2025 period. Also, headline inflation expectations underwent minimal changes for these years.
HEADLINE INFLATION may ease to 5.3% in October, which would put less pressure for the Bangko Sentral ng Pilipinas (BSP) to further tighten monetary policy, according to Pantheon Macroeconomics.