The US' consumer price inflation slowed to 3.32 per cent in October, snapping its steady climb over for the last two months, CNN reported, adding that the decline has come as a huge sigh of relief for American consumers, who have been grappling with rising prices of essential commodities
In a press release by the Ministry of Commerce and Industry, the annual rate of inflation based on the All India Wholesale Price Index (WPI) recorded a notable decline, standing at (-) 0.52 per cent (Provisional) for October 2023, compared to (-) 0.26 per cent in September 2023. This negativ
The anger of locals in Pakistan-occupied Kashmir is rising against those sitting in Islamabad. People reeling under high prices of essential items are left with no other option but to express their outrage on the streets.
Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according to Fitch Ratings.
According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions.
Demonstrating their frustration with the recurrent hikes in electricity prices, locals have resorted to symbolic acts of resistance, such as discarding their power bills into water bodies.
Mehra said, "Dhanteras is a festival during which jewellers commence preparations for their new jewellery items months in advance. The price of gold surged during the Shradh period and continued to rise, attracting customers to initiate bookings by the time of Shradh. Although Navratri sales
Chennai (Tamil Nadu) [India], November 8: Hatsun Agro, a leading player in the dairy industry and Chairman R G Chandramogan, proudly announces a significant surge in milk procurement, ensuring a robust and stable supply for the coming months. In response to last year's challenges, the compan
Flour Mills Association President Mian Muhammad Naseem Hasan and Rao Sajid Mahmood said in a statement that due to the poor policies of the caretaker government, the wheat quota has not been provided yet and added that as a result they were forced to buy and sell wheat at high prices from th
Short-term inflation in Pakistan has surged 29.88 per cent year on year in the week ending on November 2 due to the increasing prices of kitchen products, according to official data released on Friday, Dawn reported.