attributed the 1.25 per cent reduction from the 33.40 per cent rate it announced for July on the crash in the prices of food and non-alcoholic beverages. In its Consumer Price Index (CPI ...

Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.

The Bank of England held base rate at 5 per cent today, as it opted not to cut despite the US Federal Reserve's half percentage point chop yesterday. Last month, the Bank of England made a move ...

That’s half a percentage point lower than the 2.5 per cent annual rate recorded in July and continues a general cooling trend through 2024. The last time inflation was at or below two per cent ...

The annual rate at which grocery prices have been increasing in the Republic has steadied at less than 3 per cent over the 12 weeks to the beginning of this month, fresh data from retail analysts ...

The Bank of England swerved a fresh interest rates cut today after inflation was shown to have remained above its 2 per cent target. Rate-setters on the nine-person Monetary Policy Committee ...

Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol nationwide, the latest data from the National Bureau of ...

Nigeria’s headline inflation rate dropped to 32.15 per cent for the month of August 2024, according to the latest data from the National Bureau of Statistics. This represents a 1.25% percentage ...

The shift in timing follows a strong employment rate and a still "hawkish" outlook from the central bank. CBA economists are now forecasting a 0.25 per cent interest rate cut in December, as opposed ...

Canada's annual inflation rate reached the central bank's 2 per cent target in August, data showed on Tuesday, fuelling hopes for a 50-basis-point interest rate cut by the country's central bank ...

The most important central bank, the US Federal Reserve, is likely to start cutting its benchmark rate next month from the current range of 5.25 to 5.5 per cent. Rates are likely to settle at or ...

As a result of an “operational framework review” carried out by the ECB in March, it is cutting the spread between the bank’s refinancing and deposit rates to 0.15 per cent from 0.5 per cent.