Tuesday , October 17 2017

Tag Archives: Inflation

Kuwait’s inflation steadies at 1.3% in July – Multi-year lows

KUWAIT CITY, Sept 9: Inflation in consumer prices was largely steady in July, as inflation in most components came in unchanged from June. At 1.3% year-on-year (y/y), inflation remains at multi-year lows, mainly due to deflationary housing rent and weak food inflation. Revised consumer price index (CPI) statistics last month …

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Kuwait’s July inflation edges higher to 1.26%: official data – Bank lending growth slows in June

KUWAIT CITY, Aug 23, (Agencies): The Consumer Prices Index (CPI) rose by 1.26 percent in July 2017 compared to the same month in 2016, the Central Statistical Bureau (CSB) said on Wednesday. The index figure for July 2017 recorded a decrease of 0.09 percent, compared to June, the CSB added …

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Inflation revised down to 1.4% in June

Revised CPI statistics reveal significantly lower inflation in recent months. Inflation came in at 1.4% year-on-year (y/y) in June following a revamp of the CPI. Radically lower housing inflation was a large reason behind the drop, with the sector now seen in deflationary territory. Other sectors saw smaller revisions in …

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Japan’s cbank chief warns on likely delay on inflation target – Inflation forecast lowered to 1.4 pct for current fiscal year

TOKYO, April 27, (AFP): Japan’s central bank chief warned on Thursday it is “likely” that an inflation target already running four years late would be delayed once again. Bank of Japan (BoJ) governor Haruhiko Kuroda added that policymakers would not slow down their monetary easing programme until their two-percent goal …

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Inflation stable at 3.5% in December

Inflation in consumer prices held steady in December as downward pressures from housing and food inflation offset inflationary gains in other components. Headline inflation came in at 3.5% year-on-year (y/y) in December, compared to the 3.4% reading in November, as inflationary pressures from the furnishings, transportation and restaurants segments were …

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Kuwait’s November inflation slows further to 3.4 percent – Prices of food and beverage climb 0.19 pct

KUWAIT CITY, Dec 25, (KUNA): Domestic Consumer Prices Index (CPI) rose 3.4 percent in November compared to the same month of 2015, the Central Statistical Bureau said in a report released on Sunday. The general index figure dropped by 0.14 percent in November, on monthly basis, as compared to October. …

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Inflation jumps in September amid fuel price hike

KUWAIT CITY, Nov 11: Inflation in consumer prices jumped in September on the back of the fuel price hike during the month. Headline inflation rose to 3.8% year-on-year (y/y) from 2.9% in August. Excluding the increase in fuel prices, the rate of inflation remained relatively steady at around 3.0% y/y. …

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Inflation remains unchanged at 3.1% in July

Inflation in consumer prices remained unchanged at 3.1 percent year-on-year (y/y) in July as price growth across most components remained largely steady. Food inflation maintained its softness, especially after global food prices slipped back into deflation. Core inflation, which excludes food prices, was also unchanged but somewhat higher at 3.5 …

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Inflation eases to 2.8 pct y/y in May; core rises to 3.0 pct

Inflation in consumer prices eased to 2.8% year-on-year (y/y) in May, mainly due to softer food inflation. Core inflation (which excludes food prices) came in marginally higher at 3.0% y/y during the same period. We expect annual average inflation in 2016 to moderate to 3.0% compared to 3.3% in 2015, …

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Turkey cbank seen cutting rates by 50 bps – Inflation at 3-yr low

ISTANBUL, June 17, (RTRS): Turkey’s central bank is expected to lower the top end of its interest rate corridor for the fourth straight month next week, a Reuters poll showed, as inflation stays near a three-year low and after the US Fed reined in its projection for rate hikes. All …

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