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Turkey's official January inflation released at 30.7% y/y Monthly rate jumps to 4.84% m/m on usual start-of-year price hikes.

Monthly rate jumps to 4.84% m/m on usual start-of-year price hikes. Bne IntelliNews #TurkeyInflation #CostOfLiving #EconomicCrisis #InflationRate #FinanceNews

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“Inflation Didn’t Go Down… The Data Just Disappeared.”#Inflation #EconomicData #CPI #MarketTruth #FinanceDebate #MacroTalk TikTok video by stefanieboyer

The #INFLATIONRate FINALLY Went Down!!
www.tiktok.com/t/ZTrwUePYj/

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#InflationRate
#CPI
#ConsumerPriceIndex

November 2025 (under Trump):
2.7%
(Image on the left).

November 2024 (under Biden):
2.7%
(Image on the right).

Source: Bureau of Labor Statistics

Check yourselves 👇🏻

www.bls.gov/news.release...

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#InflationRate
#CPI
#ConsumerPriceIndex

November 2025 (under Trump):
2.7%
(Image on the left).

November 2024 (under Biden):
2.7%
(Image on the right).

Source: Bureau of Labor Statistics

Don’t believe me?

Check it out yourself 👇🏻

www.bls.gov/news.release...

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#InflationRate
#CPI
#ConsumerPriceIndex

November 2025 (under Trump):
2.7%
(Image on the left).

November 2024 (under Biden):
2.7%
(Image on the right).

Source: Bureau of Labor Statistics

Don’t believe me?

Check it out 👇🏻

www.bls.gov/news.release...

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Argentina loosens currency controls to rebuild dollar reserves Argentina will expand its currency trading bands at the monthly inflation rate starting in 2026, abandoning the current 1% monthly pace whilst simultaneously targeting $10bn in foreign reserve accumulation.

Argentina will expand its currency trading bands at the monthly inflation rate starting in 2026, abandoning the current 1% monthly pace whilst simultaneously targeting $10bn in foreign reserve accumulation. Bne IntelliNews #Argentina #CurrencyControls #DollarReserves #InflationRate #ForeignReserves

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Crypto Token Inflation: A Guide to Proper Valuation You're Getting Played by a Number. Here's How to Stop It. Let's be honest. You've probably looked at a crypto asset's price, seen its market cap, and thought, "Wow, if…

Crypto Token Inflation: A Guide to Proper Valuation #cryptoinvestmentanalysis #supplyschedule #inflationrate #marketcapvsFDV #tokensupply #StakingRewards #fullydilutedvaluation #Cryptoassetvaluation #cryptovaluation #tokenissuance

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US Retail Power Prices Set to Rise Further as Data Centers Take Bigger Role The US retail power market has seen a significant 13% increase in prices since 2022, with the impact of data centers yet to be fully felt. However, as new data center infrastructure is completed and energy demand grows, it's expected that data center energy consumption will become a major factor driving up costs by 2030, coinciding with the completion of new facilities and integration of renewable energy sources. This shift in the market is already being felt by consumers, particularly in regions with significant investments in transmission and distribution infrastructure, where retail power prices are outpacing inflation at rates three times those seen at the wholesale level.

US Retail Power Prices Set to Rise Further as Data Centers Take Bigger Role #CAISO #EnergyConsumption #USRetail #DataCenters #RenewableEnergy #InflationRate

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While the overall #inflation rate sits at 1.9 per cent, the Bank of Canada is finding comfort in its core measures, which have shown easing growth in recent months.

"At this point, #inflationary pressures look a little more contained," Macklem noted.
#InflationRate #BankOfCanada

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Austrian inflation rises to 4.1% in August, well above ECB target Investing.com -- Austrian inflation accelerated in August, moving further away from the European Central Bank’s target rate, according to data released Tuesday. Statistics Austria published a flash estimate showing that inflation measured by the Harmonised Index of Consumer Prices (HICP) reached 4.1% in August, up from 3.7% in July. The Consumer Price Index (CPI), another key inflation gauge, also increased to 4.1% in August compared to the previous month. The latest figures indicate that Austrian inflation remains significantly above the European Central Bank’s target of 2% for the eurozone average. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

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US inflation rises in July, in line with expectations NEW YORK (Reuters) -U.S. consumer prices increased moderately in July, largely in line with expectations, though rising costs for goods because of import tariffs led to a measure of underlying inflation posting its largest gain in six months. The consumer price index rose 0.2% last month after gaining 0.3% in June, data showed. In the 12 months through July, the CPI advanced 2.7% after rising 2.7% in June. Economists polled by Reuters had forecast the CPI rising 0.2% and increasing 2.8% year-on-year. Excluding the volatile food and energy components, the CPI rose 0.3%, the biggest gain since January, after climbing 0.2% in June. The so-called core CPI increased 3.1% year-on-year in July after advancing 2.9% in June. MARKET REACTION: STOCKS: U.S. stock index futures rose after the CPI data. The S&P 500 E-minis were slightly up on the day. BONDS: The yield on benchmark U.S. 10-year notes was flat at 4.277% FOREX: The dollar index slipped 0.1% to 98.406, while the euro rose 0.1% to $1.1622. COMMENTS: TOM PORCELLI, CHIEF US ECONOMIST, PGIM, NEW JERSEY: "This is one of these better-than-feared outcomes. People are probably going to use this as a sign that the Fed could cut rates in September. And I don’t doubt for a second that that’s exactly how the market is going to react. The only thing I would caution, though is, it’s going to take time for these tariffs to really show up in earnest." "I think people that anyone waiting for this to show up in sort of one big move higher in any given month, that’s not how it’s going to be. It’s going to sort of trickle in. The real peak inflation is not today. Peak inflation on the back of tariffs is actually months from now. And inventories in particular have really allowed companies to sort of mitigate some of the initial tariff thrust. So yes, we believe that the Fed is supposed to cut in September. It’s been our long-standing call." ADAM SARHAN, CHIEF EXECUTIVE, 50 PARK INVESTMENTS, NEW YORK: "Inflation is moving closer to the Fed’s target of 2% and that is a bullish thing because the lower inflation gets, the greater the chances are the Fed will cut rates. If you look at the data, the jobs report was weaker than expected and inflation was weaker than expected. That increases the odds the Fed will cut rates.’ "The economy is in a good place because inflation’s coming down and that’s exactly what both Trump and the Fed want...By the end of the year, I’d expect 50 basis points cut. If they cut more, that means the data would have to continue to weaken. If we get more weaker than expected jobs reports, then the Fed’s going to cut more aggressively. But if the economy stays as is and inflation continues to come down, then that’ll open the door for the Fed to cut." GUY LEBAS, CHIEF FIXED INCOME STRATEGIST, JANNEY MONTGOMERY SCOTT, PHILADELPHIA: "The July CPI was roughly in line with expectations and did not include very much tariff pass-through to consumer prices and is certainly good enough to lock in the odds of a September rate cut. There’s more road between here and the 17th of next month, but at least as far as inflation data goes, this is pretty unconcerning." "One thing that’s notable is that the categories within the CPI that would normally be associated with tariffs were by and large pretty tame. So new vehicles, and we’ve heard a lot about how cross-border flows of vehicle parts are increasing prices there, they were unchanged month over month. Apparel, a huge portion of which is imported to the U.S., was up only a tenth month over month. And recreational goods, your baseball bats and other similar objects, also heavily imported, they were a little bit a little bit heavier, up four tenths, but still not very concerning. And you can go into some more detailed categories that show a similar picture." "You can read this in one of two ways as an independent, unbiased economist type, which is that inflation will increase in the future because the tariffs haven’t hit yet. Or you can read it as firms are eating the tariffs, so it’s not going to hit consumer inflation. But I think either way is enough cover for the Fed for a September rate cut, assuming we don’t get a big acceleration from next month’s data." SEEMA SHAH, CHIEF GLOBAL STRATEGIST, PRINCIPAL ASSET MANAGEMENT, LONDON: "Although core annual inflation is back to its highest level since February, today’s CPI print is not hot enough to derail the Fed from cutting rates in September. There is some sign of tariff pass through to consumer prices but, at this stage, it is not significant enough to ring alarm bells." "The concern for the Fed is that with inventory run-down, the tariff-induced boost to inflation is likely to grow over the coming months, meaning that inflationary pressures are likely to pick up just as the Fed starts to resume rate cuts. Markets like today"s inflation print as it means the Fed can lower rates unheeded next month – rate cut decisions in October, December and beyond may well be more complicated." KARL SCHAMOTTA, CHIEF MARKET STRATEGIST, CORPAY, TORONTO" "Underlying inflation remains subdued, giving policymakers room for maneuver as they respond to signs of incipient weakness in labor markets. Chair Powell should put a September cut on the table when he speaks at Jackson Hole on the 21st." "But the American economy’s turn toward isolationism and autarky is still underway, and price pressures might begin to build in the coming months as tariffs hit tradeable goods and immigration controls begin pushing services costs higher. The prevailing market narrative could shift directions several times over the coming months." ALEXANDRA WILSON-ELIZONDO, GLOBAL CO-CIO OF MULTI-ASSET SOLUTIONS, GOLDMAN SACHS ASSET MANAGEMENT, NEW YORK: (VIA EMAIL) "July’s CPI figure came in in-line with expectations, with core inflation at 3.1% year over year. The Fed is getting the data support that the tariff effect on price level will mostly be transitory. Tariffs have yet to drive substantial price increases, as companies continue to offset cost pressures by drawing down inventories and adjusting prices cautiously due to perceived consumer price sensitivity. The Fed’s policy stance is highly data-dependent, and with inflation contained and labor market softness increasingly evident in revised payroll data, the emphasis will now be skewed toward employment. In essence, this inflation print supports the narrative of an insurance rate cut in September, which will be a key driving force for the markets." BEN LAIDLER, HEAD OF EQUITY STRATEGY, BRADESCO BBI, LONDON: "The market is taking a lot of comfort from the headline number, which came in a little bit lower than expected. On the face of it, it’s validating this overwhelming consensus for a Fed rate cut in September, however we:re a bit cautious on that." "When you look at the core number, it’s maybe not as much as a slam dunk as the market may think. We don’t think this report is quite as good as the market maybe initially taking it out. We’re going to get a lot more information at the Jackson Hole Symposium where we’re going to get some guidance from Powell as to what’s going to happen in September." "The market is going to continue to overwhelmingly price this September cut. The odds are not quite as firmly stacked as the market would think. When you scratch the surface, the core inflation number, which the feds focus is not as good a reading as the headline number. That said, the Fed is going to come under an awful lot of pressure to give some guidance at Jackson Hole and the market will be very disappointed if you don’t get a September cut." JUAN PEREZ, DIRECTOR OF TRADING, MONEX USA, WASHINGTON: "Thus far it looks like the U.S. dollar is down as a result of CPI coming in basically just as expected. Markets seem eager to price in more than just one interest rate reduction for the year, but these numbers suggest inflation remains growing though at a slow pace." "The core message in core inflation is that any tariff-induced inflation is likely to be a process, not an event. Eventually, tariffs can show up in varying degrees in consumer prices, but these one-off price increases don’t happen all at once. That will confound the Fed and economic commentators for months to come. As long as breakeven inflation rates and other market based measures of inflation expectations stay contained, the Fed should feel comfortable enough to recommence cutting in September."

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India’s retail inflation slows to 8-year low of 1.55% in July NEW DELHI (Reuters) -India’s retail inflation in July eased below 2% for the first time in eight years, on the back of falling prices of food items including vegetables and pulses, hurting some farmers, but will have limited impact on the central bank’s policy decision. Annual retail inflation slowed to 1.55% in July as compared to 2.10% in June, and below a Reuters poll of 1.76%. The figure was the lowest since June 2017, according to a government statement, and below the Reserve Bank of India (NSE:BOI)’s tolerance band of 2%-6%. The RBI is mandated to not let inflation fall below or above the range for more than three quarters. "These inflation numbers are on expected lines," said Madan Sabnavis, an economist at Bank of Baroda (NSE:BOB), adding that the impact on the RBI’s policy decision will be muted. The central bank lowered its inflation forecast for the current financial year to 3.1% from 3.7% earlier at its meeting earlier this month. The Reserve Bank of India held key interest rates steady earlier this month, saying the growth prospects of the domestic economy remained bright. That was before U.S. President Donald Trump imposed an additional tariff of 25% on India - raising duties on Indian goods to 50%, among the highest levied on U.S. trading partners. The Indian government has estimated about 55% of the country’s merchandise exports to the United States will be subject to the tariffs. Some economists expect the low inflation and growth impact from tariffs to leave room for another rate cut. "The RBI’s already-lowered 12-month forecast may be undershot, raising the likelihood of further rate cuts, particularly as U.S. tariffs could shave 30–40 bps off GDP growth," said Sujan Hajra, chief economist at Anand Rathi Group in Mumbai. Food prices have been the main driver for the drastic fall in inflation for the last eight months. Prices in July fell 1.76% compared to a revised fall of 1.01% in June. Vegetable prices fell 20.69% compared with a 19% year-on-year fall in June, while prices of pulses dropped 13.76% compared to a 12% decline in the previous month. Declining food prices are beginning to hurt farmers, Citibank’s chief India economist Samiran Chakraborty said in a note earlier this month. Farm cost inflation has risen while food prices are entering deflationary territory, Chakraborty said, citing this as a key reason that Citi’s rural consumption index has peaked. On a month-on-month basis, vegetable prices rose although the cost of pulses continued to decline. India’s official statistics agency does not publish core inflation data.

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پاکستان میں مہنگائی کی شرح 7 ماہ کی بلند ترین سطح پر پہنچ گئی
مہنگائی کی شرح جولائی 2025 میں بڑھ کر 4.07 فیصدہوگئی جبکہ جون میں 3.2 فیصد تھی
#InflationRate #PakistanMatters

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اوسط مہنگائی 4.49 فیصد ریکارڈ کی گئی

مزید پڑھیے: www.aaj.tv/news/30469359/

#AajNews #InflationTargetMet #EconomicUpdate #FY2024_25 #PakistanEconomy #InflationRate #EconomicStability

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BoE’s Greene: Recent UK inflation jump looks more like a ’plateau’ than a ’hump’ Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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The Ethiopian Statistical Service (ESS) has expanded its Consumer Price Index (CPI) coverage from 120 to 200 markets, marking the first major update in 25 years. #InflationRate #ConsumerPriceIndex #StatisticalUpdate

Read more - ow.ly/8EJe50WeGMp

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UK inflation slows in May but food prices jump By Andy Bruce and William Schomberg (Reuters) -British inflation slowed as expected in May, pulled down by air fares which leapt in April and the correction of a tax data error, although food prices shot up at the fastest rate in more than a year. Consumer prices rose in annual terms by 3.4% in May, the Office for National Statistics said on Wednesday, just as a Reuters poll of economists and the Bank of England had predicted. Services price inflation - a crucial metric for the BoE - cooled to 4.7% from 5.4% in April, matching the BoE’s forecast for May. The Reuters poll had pointed to a reading of 4.8%. Earlier this month the ONS said April’s headline consumer price inflation reading of 3.5% had been overstated by 0.1 percentage points due to an error in car tax data from the government. April’s figures were not amended, but the correct data was used for May’s readings. Air fares fell sharply after an Easter holiday spike in April’s readings. The data are unlikely to shift interest rate expectations among economists and investors who think the BoE will leave borrowing costs on hold when it announces its June policy decision on Thursday. Sterling rose slightly against the US dollar after the ONS data release. Gas, electricity and water prices rose in April alongside higher taxes on employers, causing inflation to leap from 2.6% in March. A rise in oil prices since the start of the Iran-Israel conflict last week could cause inflation to rise again. Food prices rose by 4.4% in the 12 months to May, the biggest increase in over a year, the ONS said, a blow for low-income households. Some BoE officials have said they disagree with the central bank’s key assumption reached at its May meeting that the recent climb in inflation will not have longer-running effects on pricing behaviour. Chief Economist Huw Pill said last month the pace of interest rate cuts was too fast given still strong wage pressures on inflation, but his vote in May to keep borrowing costs on hold was likely to be "a skip" not a halt to rate cuts. Market pricing on Tuesday pointed to an 87% chance that the BoE will leave rates on hold this week, with two 0.25 percentage-point cuts priced in by the year’s end. The BoE lowered rates by a quarter point to 4.25% on May 8 in a three-way split vote, with two Monetary Policy Committee members favouring a bigger cut and two - including Pill - favouring a hold. The central bank said in May it expects inflation to peak at about 3.7% later this year. Some economists think April might prove to be the high point, although the conflict in the Middle East poses a risk of stronger price pressures. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

Click Subscribe. #UKInflation #FoodPrices #Economy #CostOfLiving #InflationRate

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Namibia Inflation Rate at 4-Month Low - TradingView Namibia Inflation Rate at 4-Month Low  TradingView

#Namibia #InflationRate #EconomicNews #TradingView #Finance

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India’s May retail inflation slows to 2.82% y/y NEW DELHI (Reuters) -India’s annual retail inflation slowed to 2.82% in May from 3.16% in May on the back of a slower rise in food prices, government data showed on Thursday. The inflation print was below economists’ estimate of 3% in a Reuters poll. Inflation in food prices - which accounts for nearly half of the consumption basket - eased to 0.99% in May from 1.78% in the previous month. Vegetable prices fell 13.7% year-on-year, compared to a 11% fall in April. Prices of cereals rose 4.77% against a 5.35% increase in April, while those of pulses declined 8.22% compared to a 5.23% fall last month.

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India’s retail inflation slows to 2.82% in May on easing food prices Investing.com -- India’s annual retail inflation slowed to 2.82% in May, down from 3.16% in April, primarily due to a slower rise in food prices, according to government data released Thursday. The inflation figure came in below economists’ expectations of 3%. Food price inflation, which represents nearly half of India’s consumption basket, eased to 0.99% in May compared to 1.78% in April. Vegetable prices fell 13.7% year-on-year, a steeper decline than the 11% drop recorded in April. The data showed cereal prices rose 4.77% in May, lower than the 5.35% increase seen in April. Pulses prices declined 8.22%, compared to a 5.23% fall in the previous month. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Turkey inflation seen dipping to 36.1% in May, monthly rate 2%: Reuters poll ISTANBUL (Reuters) - Turkey’s monthly inflation rate is expected to be 2% in May, impacted by higher clothing and fruit prices, with the annual rate seen falling to 36.1%, a Reuters poll showed on Wednesday. Economists said a rise in fruit prices due to agricultural frost and a new season in clothing will be the main drivers of May inflation as well as automotive prices, which are directly impacted by currency volatility. The median estimate of ten economists showed monthly inflation dropping to 2% from 3% in April. Forecasts ranged from 1.85% to 2.75%. Year-on-year, inflation is seen sliding to 36.1%, with forecasts ranging between 35.8% and 37%. Turkey’s statistics institute predicts fruit production will fall around 25% this year due to frost. "May is a month of clothing price hikes, so we predicted a monthly increase of around 5%, but we may see an upward risk in clothing," said Hande Sekerci, chief economist of Is Portfoy. Sekerci said that due to discounts in some items the moderate course in food prices was continuing despite recent frosts and that core inflation will follow a more positive path in May with household goods, health and housing items on a calm course. In March, Turkish assets suffered, with the lira touching a record low against the U.S. dollar after Istanbul Mayor Ekrem Imamoglu - Erdogan’s chief political rival - was jailed pending trial, over graft charges that he denies. The market volatility was stabilised by a central bank rate hike and liquidity steps. The central bank sold some $57 billion in foreign currency and took steps to tighten policy by 700 basis points. The central bank has bought some $13 billion in forex to rebuild reserves in the last three weeks, while it kept the overnight interest rates in the market at 49%, the upper band of its rate corridor. Last week, the central bank kept its year-end forecasts steady in its quarterly inflation report saying upward and downward risks to inflation balance out. Governor Fatih Karahan said the bank is ready to tighten policy if inflation worsens. Inflation is seen dropping to around 30% at the end of this year according to the poll median, higher than the central bank forecast of 24%. Following the volatility and its impact on inflation due to FX-pass through, economists have revised up year-end inflation forecasts since March despite steps taken by the central bank. The low course of global energy prices amid trade war concerns was the main factor limiting upward revisions in inflation, and the year-end estimate in this poll period was revised slightly downwards. The Turkish Statistical Institute will release May inflation data at 0700 GMT on June 3.

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UK inflation leaps to higher-than-expected 3.5%, ONS says LONDON (Reuters) -British inflation surged by more than expected in April including in areas watched closely by the Bank of England, according to figures published on Wednesday that are likely to keep the central bank on its path of gradual interest rate cuts. The annual rate of consumer price growth leapt to 3.5% in April from 2.6% in March, the Office for National Statistics said, the highest reading since January 2024 and the largest increase in the rate since 2022 when inflation was rocketing. A Reuters poll of economists had pointed to a reading of 3.3% in April while the Bank of England earlier this month projected inflation of 3.4%. The data are likely to further diminish expectations in financial markets that interest rates will be cut more than once by the end of 2025. Services price inflation - a key metric of domestic inflation pressure - leapt to 5.4% in April, above all forecasts in the Reuters poll for an increase to 4.8%. It was far above the BoE’s prediction a reading of 5.0% for April. The ONS said the timing of the Easter holiday, which took place in April this year, was probably a contributor to the big jump in air fares which surged by 27.5% from March, the second-biggest month-on-month increase on record. April saw increases in gas, electricity and water prices, alongside higher taxes on employers - all of which are likely to push up prices. Earlier this month the BoE predicted that inflation would peak at 3.5% this year. Some officials at the central bank disagree with its key assumption that the climb in inflation will not have longer-running effects on pricing behaviour. BoE Chief Economist Huw Pill said on Tuesday the pace of interest rate cuts had been too fast given still strong wage pressures on inflation, but his vote this month to keep borrowing costs on hold was likely to prove "a skip" not a halt. The BoE lowered interest rates by a quarter point to 4.25% on May 8 in a three-way split vote, with two members of the Monetary Policy Committee favouring a bigger cut, and two - including Pill - favouring a hold. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

Click Subscribe. #UKInflation #Economy #FinanceNews #CostOfLiving #InflationRate

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Nigeria’s annual inflation rate dips in April ABUJA (Reuters) -Nigeria’s headline inflation rate fell slightly in April, to 23.71% year on year from 24.23% in March, data from its statistics agency showed on Thursday. Inflation in Africa’s most populous country soared to repeated 28-year peaks last year, spurred by President Bola Tinubu’s moves to end costly subsidies and devalue the naira currency after he came to power in 2023. After a rebasing exercise where the statistics bureau updated its base year and reweighted the inflation basket, annual inflation fell sharply from 34.80% in December to 24.48% in January. It fell again in February before rising in March. Food inflation was 21.26% in April, down from 21.79% in March.

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Saudi Arabia’s inflation rate holds steady at 2.3% in April Investing.com -- Saudi Arabia’s headline inflation rate remained steady at 2.3% year-on-year (y/y) in April, matching its fastest pace in almost two years. The inflation is expected to stay within the 2.0-2.5% y/y range for most of this year, before falling under 2% y/y heading into 2026. The inflation rate for March was slightly higher than both the forecast by Capital Economics and the LSEG consensus, which predicted a 2.2% y/y inflation rate. On a seasonally adjusted month-to-month annualized basis, prices increased by 3.0%. A detailed analysis revealed that inflation for food and beverages continued to rise, moving from 2.0% y/y in March to 2.2% y/y in April. This is the highest rate since March 2023. However, this increase was balanced by a slight decrease in non-food inflation. While most non-food price categories saw a minor slowdown in inflation, the housing and utilities inflation notably eased to its lowest level since 2022. This is possibly due to the latest housing reforms in the Kingdom, which aimed to cap rents and boost housing supply, thereby reducing housing cost pressures. Capital Economics stated, "We expect that the headline inflation rate will hover around the 2.0-2.5% y/y range over the coming months. But it should then fall back below 2.0% y/y into 2026 due to weaker transport and housing and utilities inflation." This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Instant View: India’s April retail inflation eases to near six-year low (Reuters) - India’s retail inflation remained below the central bank’s 4% target for the third consecutive month as food prices rose at a slower pace, opening up room for more interest rate cuts to support growth in the world’s fifth-largest economy. Annual retail inflation slowed to 3.16% in April from 3.34% in March, marking its lowest level since July 2019 and coming in below economists’ estimate of 3.27% in a Reuters poll. Inflation in food prices - which accounts for nearly half of the consumption basket - slowed to 1.78% from 2.69% in March, its lowest since October 2021. COMMENTARY: SAKSHI GUPTA, PRINCIPAL ECONOMIST, HDFC BANK, GURUGRAM "Inflation inched down to 3.16% in April on the back of a continuous broad-based drop in food prices, including of vegetables, cereals and pulses. The CPI print today sets the stage for another rate cut by the RBI (Reserve Bank of India (NSE:BOI)) in its June meeting, of 25 basis points." "Looking ahead, inflation is expected to remain close to 3% over the coming two months. The expectation of an above-normal monsoon and low commodity prices bodes well for the inflation trajectory through the year. We expect inflation to average at 3.7% in fiscal 2026." RADHIKA RAO, SENIOR ECONOMIST, DBS BANK, SINGAPORE "Along our expectations, April inflation remained below 4% for a third successive month, slowing from March’s 3.4% to 3.2% year on year." "Even as food perishables fell by a lesser extent than in March amidst a shift in weather conditions, the sequential momentum was better contained than last year. A pullback in global energy prices and a firmer currency kept imported pressures in check. We don’t expect any spillover risk to inflation from recent geopolitical developments." ADITI GUPTA, ECONOMIST, BANK OF BARODA, MUMBAI "The outlook on food inflation remains positive, driven by an early onset of monsoon as well as robust rabi production. The benign global commodity price cycle suggests that core inflation should stabilise going ahead. With inflation under control, the RBI’s focus is expected to be on growth. We expect another 50 bps reduction in rates this year." GAURA SEN GUPTA, INDIA ECONOMIST, IDFC FIRST BANK, MUMBAI "Inflation outlook remains positive, with expectation of an evenly distributed monsoon and subdued global commodity prices. Fiscal 2026 inflation is expected to average at 3.5% with downside risk." "Domestic factors alone provide space to ease policy rates by 75 bps in the remainder of FY26. Negative output gap and subdued commodity prices are expected to keep core inflation contained at 4.5% in FY26 vs 3.6% in FY25. High-frequency food prices indicate a continued decline in prices in May." "Next few inflation prints could be sub-3%." MADHAVANKUTTY G, ECONOMIST, CANARA BANK, BENGALURU "The CPI print for April once again makes a strong case for another 25 bps cut in June. Rural inflation continues to trend down, which gives credence to the fact that rural demand has started showing green shoots." "Inflation in health, personal care and transport shows a rate higher than average, which gives credence to muted demand for these products. The FMCG financials also testify to this. Overall, we are heading towards a situation where CPI for FY26 could be well below RBI estimates of 4%." ADITI NAYAR, CHIEF ECONOMIST, ICRA, GURUGRAM "The benign April 2025 headline inflation print, expectations of another sub-4% print in May 2025, the dip in crude oil prices in the recent weeks, and the IMD’s forecast of an above-normal monsoon in 2025 as well as an early onset will allow the (central bank) to continue to place a higher weight on growth vis-a-vis inflation, when it meets in June 2025." "If the GDP growth print for the fourth quarter of fiscal 2025 does not report an acceleration from the 6.2% seen for the third quarter, the central bank may consider front-loading the rate easing, with a 50 bps cut in the upcoming review."

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