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inflation

China's April inflation rises to 2.4 percent

China's inflation rose slightly in April amid concern about the strength of its economic recovery.

Eurozone inflation falls to 3-year low in April

The preliminary April rate is way below the ECB's target of keeping inflation "close to but below" 2 percent and therefore gives the central bank more room for manoeuver.

Bernanke defends Fed's low-interest-rate policies

"Long-term interest rates in the major industrial countries are low for a good reason: inflation is low and stable and, given expectations of weak growth, expected real short rates are low," he said.

India's budget to push growth, rein in inflation

India's finance minister has unveiled a national budget with a promise to put Asia's third largest economy back on a path of high growth and to check runaway inflation and the fiscal deficit.

India inflation drops to 3-year low of 6.6 percent

The easing of inflation pressure gives the central bank more scope to lower borrowing costs but many analysts say the cuts won't be large as inflation is still higher than the RBI would like.

BOE predicts inflation will worsen

Vicky Redwood, the chief UK economist at Capital Economics says the bank is adopting the flexible approach to inflation that incoming governor Mark Carney recently advocated.

China's inflation eases ahead of Lunar New Year

China's inflation has eased ahead of the Lunar New Year holiday, but vegetable prices spiked higher amid unusually cold weather.

Oil slips to near $93 as China inflation picks up

Oil prices fell back to near $93 a barrel Friday following a rise in China's inflation that if sustained could limit measures to support growth.

Iran annual inflation hits 27.4 percent

Iran's central bank says the annual inflation rate hit 27.4 percent at the end of 2012, one of the highest rates ever quoted by Iranian authorities.

News Summary: Cheaper gas keeps inflation down

INSIGNIFICANT INFLATION: In the past year consumer prices have risen 1.8 percent, down from October's 12-month increase of 2.2 percent.

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