ISLAMABAD: Pakistan announced an increase in petrol and diesel prices on Tuesday to meet fiscal objectives laid down in a deal with the International Monetary Fund (IMF), adding further fuel to its sky-high inflation. The country’s Consumer Price Index rose to 28.3% in July, year-on-year, the statistics bureau said in […]
Étiquette : inflation
Key US inflation gauge cools further as rate hikes bite
WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central bank’s target, according to government data released Friday. The Federal Reserve’s preferred gauge of inflation, the personal consumption expenditures (PCE) price index, rose 3.0 per […]
Biden: Biden dit « plus à venir » sur le prix des médicaments après les amendes pour inflation
WASHINGTON / LAS VEGAS: Le président américain Joe Biden a déclaré mercredi que son administration soumettrait 27 médicaments à des pénalités d’inflation, une décision qui réduira les débours pour Assurance-maladie les bénéficiaires jusqu’à 390 $ par dose, et il a promis que d’autres réductions de prix des médicaments étaient à […]
G20 finance leaders to warn of rising inflation, geopolitical risks
JAKARTA/TOKYO: Finance leaders from the Group of 20 major economies will likely warn on Friday that rising inflation and geopolitical risks could threaten a fragile global recovery, as the crisis in Ukraine and the Covid-19 pandemic’s fallout cloud the outlook. Fears that Russia might invade Ukraine overshadowed a meeting of […]