Egypt Ezine

Tag : consumer price index

Business

South Korean inflation reaches 2.9 percent annual growth

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Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published by Statistics Korea confirm that severe weather patterns during the...
China holds 3% one-year LPR and 3.5% mortgage benchmark
Business

China holds 3% one-year LPR and 3.5% mortgage benchmark

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China kept its benchmark lending rates unchanged in September, maintaining the one-year loan prime rate at 3.0%. The over-five-year LPR remained at 3.5%, according to the official September 20 fixing. Many lenders use the longer-term...
Business

Denmark inflation slips to 1.7% with core rate steady

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Denmark's annual consumer price inflation eased to 1.7% in July from 1.9% in June, official data showed. Statistics Denmark said the consumer price index rose 1.3% from June. Core inflation was 2.3%, unchanged from the...
Business

Gold clears $4,400 while US inflation data takes focus

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Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5....
Gold falls below $4,000 after oil prices jump
Business

Gold falls below $4,000 after oil prices jump

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Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level...
China inflation hits 1% in March as PPI turns positive
Business

China inflation hits 1% in March as PPI turns positive

egyptezine.com
BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar New Year holiday period. On a month-on-month basis, the consumer...
Gold steadies as markets watch US-Iran talks
Business

Gold steadies as markets watch US-Iran talks

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ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates....
South Korea inflation eases to 2.0% in January
Business

South Korea inflation eases to 2.0% in January

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MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in...
Wall Street tumbles as CPI report dampens interest rate optimism
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Wall Street tumbles as CPI report dampens interest rate optimism

egyptezine.com
U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts. The Dow Jones Industrial Average dropped over 0.8%, while the...