Inflation Rate
New BoJ chief pledges 'all-out efforts' on deflation
Mar 21, 2013 09:18 EDT
The Bank of Japan's new governor Haruhiko Kuroda on Thursday pledged "all-out efforts" to rid Japan of growth-sapping deflation as gloomy new trade data underlined the scale of the task ahead.
Osborne retains BoE inflation target
Mar 20, 2013 11:56 EDT
George Osborne refrained from altering the Bank of England's inflation target on Wednesday, despite concerns that GDP would be a more sensible measure, but gave it more leeway to boost economic growth.
South Africa holds rates as inflation gains pace
Mar 20, 2013 07:30 EDT
South Africa's central bank held off cutting interest rates to boost the continent's largest economy Wednesday, as rising inflation bound the hands of policymakers.
S.Africa inflation spikes in February
Mar 20, 2013 07:12 EDT
South African consumer inflation jumped to 5.9 percent in February, all but ruling out an interest rate cut when the central bank meets Wednesday.
Outgoing BoJ chief Shirakawa says failed on deflation
Mar 19, 2013 12:28 EDT
The Bank of Japan's outgoing governor on Tuesday acknowledged he failed to end the country's long-running deflation
India cuts key interest rate to spur economy
Mar 19, 2013 09:48 EDT
India's central bank cut its main interest rate for the second time this year on Tuesday, lowering it by 25 basis points in an effort to jumpstart a sharply slowing economy.
UK inflation climbs to 2.8% in February
Mar 19, 2013 06:39 EDT
British 12-month inflation rose to 2.8 percent in February on the back of rising domestic energy costs and transport prices, official data showed on Tuesday.
India seen cutting rates to boost growth
Mar 18, 2013 17:58 EDT
India's central bank is expected to cut interest rates for a second time this year on Tuesday in an effort to kickstart the country's sharply slowing economic growth, economists said.
US inflation picks up on higher gas prices
Mar 15, 2013 11:26 EDT
Surging gasoline prices drove a pickup in US inflation in February, with the consumer price index adding 0.7 percent for the month, the Labor Department said Friday.
Eurozone inflation drops to 1.8% in February
Mar 15, 2013 07:01 EDT
Inflation in the 17-nation eurozone fell sharply in February to 1.8 percent, putting it below the European Central Bank's target rate for the first time in more than two years, official data showed on Friday.
Japan parliament approves Kuroda as BoJ chief
Mar 14, 2013 22:36 EDT
Japan's parliament on Friday approved a new central bank management team that is widely expected to support the government's demands for more action to stoke the world's third-biggest economy.
Indian inflation rises ahead of rate decision
Mar 14, 2013 04:28 EDT
India's inflation increased unexpectedly last month, data showed Thursday, tempering hopes of an interest rate cut next week after the central bank chief warned about rising prices.
Japan's lower house approves BoJ nominations
Mar 14, 2013 02:30 EDT
The government's nominees to lead the Bank of Japan won approval from the lower house of parliament on Thursday, moving the trio a step closer to taking the top jobs at the central bank.
India bank chief warns of 'stubborn' inflation
Mar 14, 2013 02:10 EDT
India's central bank chief has said "stubborn" inflation remains a major obstacle to growth in India, dimming expectations of an interest rate cut when policymakers meet next week.
European equities close mostly in the red
Mar 13, 2013 13:33 EDT
European stock markets closed mostly in negative territory on Wednesday as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
European equities follow Asian stocks lower
Mar 13, 2013 10:42 EDT
European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
European equities drop after Asia losses
Mar 13, 2013 08:40 EDT
European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and absorbed diverging eurozone inflation data.
India factory output picks up, mild recovery hinted
Mar 12, 2013 12:23 EDT
India's industrial output grew by a surprise 2.4 percent in January, data showed Tuesday, suggesting that Asia's third-largest economy may be on track for a modest recovery.
Champagne out, e-books into new inflation 'basket'
Mar 12, 2013 07:53 EDT
Champagne drunk in bars and restaurants has been dropped from the "basket" of goods used to calculate British inflation rates, while e-books have been added in the latest shake-up to reflect lifestyles in 2013.
German inflation slows to two-year low in February
Mar 12, 2013 03:53 EDT
Inflation in Germany, Europe's biggest economy, slowed to its lowest level in more than two years in February, official data showed on Tuesday.
