Inflation plummets to 3.5-year low, paving the way for SARB to cut rates
STATISTICS SA announced yesterday that headline consumer inflation in South Africa fell to 4.4% year-on-year in August from 4 ...
Annual US consumer inflation fell to 2.5% in August, a 3-year low
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low ...
India inflation likely held steady at five-year low of 3.50% in August: Reuters poll
Indian consumer inflation probably held below the Reserve Bank of India's 4.0% medium-term target for a second month in ...
ABC News9d
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
On a month-to-month basis, core prices rose 0.3%, a slight pickup from July's 0.2% increase. Economists closely watch core prices, which typically provide a better read of future inflation trends.
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Reuters8d
India's retail inflation stays below 4% for second consecutive month in August
The chart shows India inflation was 3.65% in August 2024.It was below 4% for the second consecutive month. Prices of food, which account for nearly half of the retail inflation, rose 5.66% in ...