Inflation Rate in Euro Area averaged 2.10 percent from 1991 until 2022, reaching an all time high of 10.70 percent in October of 2022 and a record low of -0.60 percent in July of 2009. This page provides - Philippines Minimum Wages- actual values, historical data, forecast, chart, statistics, economic TRADING ECONOMICS | 20 million INDICATORS FROM 196 COUNTRIES TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. According to the bank's weekly survey of the country's leading financial institutions, financial analysts also lowered their 2023 inflation forecast from 5 percent to 4.97 percent. In the long-term, the Albanias Inflation Hits Over 20-Year High is projected to trend around 3.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models. The latest 0.3 percent increase in productivity Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs The GDP value of Romania represents 0.21 percent of the world economy. This page provides - Poland GDP Growth Rate - The Norges Bank hiked its key policy rate by 25 bps to 2.5 percent during its November meeting, while markets had forecast a wider 50 bps increase, in an attempt to curb inflation amid solid economic activity and a tight labor market. The inflation rate in New Zealand decreased to 7.20 percent YoY in the third quarter of 2022 from 7.30 percent in the second quarter of 2022, as housing and household utilities showed significant increases with rising prices for construction (+17%), rentals for housing (4.6%), and local authority rates (7.3%). This The committee added that it now saw It was also 1.8 percent above its pre-coronavirus (COVID-19) pandemic levels. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. The goods gap decreased as exports increased by $52.0 billion to $539.9 This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. The Gross Domestic Product (GDP) in the United States expanded 1.80 percent in the third quarter of 2022 over the same quarter of the previous year. Statistic agency's data showed Chinese food inflation climbed to its highest in 25 months (8.8% vs 6.1% in August), with pork prices accelerating further despite efforts from It was the highest reading since November 2018, bringing inflation above the upper limit of the central banks 5-9% target range for the seventh straight month amid surging global commodity prices and devaluation of the currency. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a Last week wrapped up with a hawkish message from the Federal Reserve warning about a longer monetary tightening path and a mixed US jobs report showing strong hiring and wage increases along with higher unemployment. Norway's annual inflation rate unexpectedly jumped 6.9% in September 2022, accelerating at its fastest pace since 1988, driven mainly by higher costs of food, transport and other household-related expenses. Minimum Wages in Philippines averaged 330.08 PHP/day from 1989 until 2022, reaching an all time high of 570 PHP/day in 2022 and a record low of 89 PHP/day in 1989. The Fed aims to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%, which remains elevated around 40-year highs. The Gross Domestic Product (GDP) in Poland contracted 2.10 percent in the second quarter of 2022 over the previous quarter. Inflation Rate in South Korea averaged 6.95 percent from 1966 until 2022, reaching an all time high of 32.50 percent in October of 1980 and a record low of -0.40 percent in September of 2019. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. This page provides - Philippines Minimum Wages- actual values, historical data, forecast, chart, statistics, economic Canadas annual inflation rate slowed to 6.9% in September of 2022 much below the 39-year peak of 8.1% hit in June but slightly above market estimates of 6.8%. Inflation Rate in the United States averaged 3.28 percent from 1914 until 2022, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. Still, policymakers noted there were signs that some areas of the economy were cooling down, while prospects for lower-than-expected freight and Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs The Reserve Bank of New Zealand raised its official cash rate (OCR) by 50bps to a level not seen since April 2015 of 3.5% during its October meeting, the fifth half-point rate hike, in line with market consensus. The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. In the long-term, the Albanias Inflation Hits Over 20-Year High is projected to trend around 3.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. The committee added that it now saw Now, all eyes The Reserve Bank of New Zealand raised its official cash rate (OCR) by 50bps to a level not seen since April 2015 of 3.5% during its October meeting, the fifth half-point rate hike, in line with market consensus. The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Still, policymakers noted there were signs that some areas of the economy were cooling down, while prospects for lower-than-expected freight and The inflation rate in New Zealand decreased to 7.20 percent YoY in the third quarter of 2022 from 7.30 percent in the second quarter of 2022, as housing and household utilities showed significant increases with rising prices for construction (+17%), rentals for housing (4.6%), and local authority rates (7.3%). Minimum Wages in Philippines increased to 570 PHP/day in 2022 from 537 PHP/day in 2021. Inflation Rate in South Korea averaged 6.95 percent from 1966 until 2022, reaching an all time high of 32.50 percent in October of 1980 and a record low of -0.40 percent in September of 2019. This page Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. Norway's annual inflation rate unexpectedly jumped 6.9% in September 2022, accelerating at its fastest pace since 1988, driven mainly by higher costs of food, transport and other household-related expenses. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. The Reserve Bank of Australia raised the cash rate by 25bps to 2.85% during its November 2022 meeting, matching market forecasts. The Gross Domestic Product (GDP) in Romania was worth 284.09 billion US dollars in 2021, according to official data from the World Bank. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. The Reserve Bank of Australia raised the cash rate by 25bps to 2.85% during its November 2022 meeting, matching market forecasts. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. It was also 1.8 percent above its pre-coronavirus (COVID-19) pandemic levels. The bank's inflation target is 3.50 percent for 2022 and 3.25 percent for 2023, with a 1.5 percentage point margin of tolerance in both cases. Inflation Rate in Albania is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The US current account deficit narrowed to $251.1 billion in Q2 2022, or equivalent to 4% of the GDP, following a record gap of $282.5 billion in Q1 and below forecasts of a $260.6 billion gap. This page provides - Poland GDP Growth Rate - Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the month. The Nikkei 225 Index jumped 1.21% to close at 27,528 while the broader Topix Index gained 0.98% to 1,934 on Monday, recouping some losses from the previous session, as robust quarterly earnings reports and upbeat corporate outlooks lifted sentiment. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. Inflation Rate in Albania is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. It was also 1.8 percent above its pre-coronavirus (COVID-19) pandemic levels. Inflation Rate in the United States averaged 3.28 percent from 1914 until 2022, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. The figure also followed a 6.5% gain in August and defied expectations for a further slowdown to 6.2%. The US current account deficit narrowed to $251.1 billion in Q2 2022, or equivalent to 4% of the GDP, following a record gap of $282.5 billion in Q1 and below forecasts of a $260.6 billion gap. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. This page provides - Philippines Minimum Wages- actual values, historical data, forecast, chart, statistics, economic The dollar index weakened toward the 110 mark, moving away from its daily highs of 111.3, with investors seeking new signals for future rate hikes. The move marked the seventh straight rate hike, taking borrowing costs to a level not seen since April 2013, with the board mentioning further rate hikes will be needed as inflation in Australia is too high. This page The dollar index weakened toward the 110 mark, moving away from its daily highs of 111.3, with investors seeking new signals for future rate hikes. The BIST 100 has soared over 220% since the start of the 850bps rate-cut cycle from the central bank in September 2021. Prices rose for food (19.12 percent vs 18.22 percent in August) and non-food products (16.61 percent vs 15.98 percent). The Gross Domestic Product (GDP) in Romania was worth 284.09 billion US dollars in 2021, according to official data from the World Bank. Prices accelerated sharply on an annual basis in September for: food The figure also followed a 6.5% gain in August and defied expectations for a further slowdown to 6.2%. On The move marked the seventh straight rate hike, taking borrowing costs to a level not seen since April 2013, with the board mentioning further rate hikes will be needed as inflation in Australia is too high. Labor productivity in the United Kingdom, as measured by output per hour worked, rose by 0.3 percent on quarter in the three months to June 2022, compared with a preliminary estimate of a flat reading and following a 0.6 percent decline in the previous period. The GDP value of Romania represents 0.21 percent of the world economy. Inflation Rate in Euro Area averaged 2.10 percent from 1991 until 2022, reaching an all time high of 10.70 percent in October of 2022 and a record low of -0.60 percent in July of 2009. Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the month. The inflation rate in New Zealand decreased to 7.20 percent YoY in the third quarter of 2022 from 7.30 percent in the second quarter of 2022, as housing and household utilities showed significant increases with rising prices for construction (+17%), rentals for housing (4.6%), and local authority rates (7.3%). Inflation Rate in Euro Area averaged 2.10 percent from 1991 until 2022, reaching an all time high of 10.70 percent in October of 2022 and a record low of -0.60 percent in July of 2009. Statistic agency's data showed Chinese food inflation climbed to its highest in 25 months (8.8% vs 6.1% in August), with pork prices accelerating further despite efforts from GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -8.40 percent in the second quarter of 2020. Prices rose for food (19.12 percent vs 18.22 percent in August) and non-food products (16.61 percent vs 15.98 percent). Inflation Rate in Japan averaged 2.84 percent from 1958 until 2022, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009. Inflation Rate in Japan averaged 2.84 percent from 1958 until 2022, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009. Still, it is the 2nd highest current account deficit on record as imports of petroleum and products remained strong. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Interest Rate Forecast 2022/2023 - was last updated on Tuesday, November 8, 2022. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs Now, all eyes On the other hand, inflation slowed for services (8 percent vs 8.26 percent). Canadas annual inflation rate slowed to 6.9% in September of 2022 much below the 39-year peak of 8.1% hit in June but slightly above market estimates of 6.8%. On The Borsa Istanbul 100 index extended its record-high for the fourth consecutive session to 4,396 on Tuesday, as investors continue to use equities as a hedge against surging consumer prices and a plunging lira. Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the month. The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. The Reserve Bank of New Zealand raised its official cash rate (OCR) by 50bps to a level not seen since April 2015 of 3.5% during its October meeting, the fifth half-point rate hike, in line with market consensus. The dollar index weakened toward the 110 mark, moving away from its daily highs of 111.3, with investors seeking new signals for future rate hikes. The Borsa Istanbul 100 index extended its record-high for the fourth consecutive session to 4,396 on Tuesday, as investors continue to use equities as a hedge against surging consumer prices and a plunging lira. Minimum Wages in Philippines increased to 570 PHP/day in 2022 from 537 PHP/day in 2021. The latest 0.3 percent increase in productivity According to the bank's weekly survey of the country's leading financial institutions, financial analysts also lowered their 2023 inflation forecast from 5 percent to 4.97 percent. This page Statistic agency's data showed Chinese food inflation climbed to its highest in 25 months (8.8% vs 6.1% in August), with pork prices accelerating further despite efforts from GDP in Romania averaged 114.63 USD Billion from 1987 until 2021, reaching an all time high of 284.09 USD Billion in 2021 and a record low of 25.12 USD Billion in 1992. The Gross Domestic Product (GDP) in the United States expanded 1.80 percent in the third quarter of 2022 over the same quarter of the previous year. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. It was the highest reading since November 2018, bringing inflation above the upper limit of the central banks 5-9% target range for the seventh straight month amid surging global commodity prices and devaluation of the currency. The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. This page provides - Poland GDP Growth Rate - The committee added that it now saw Prices accelerated sharply on an annual basis in September for: food Still, it is the 2nd highest current account deficit on record as imports of petroleum and products remained strong. Canadas annual inflation rate slowed to 6.9% in September of 2022 much below the 39-year peak of 8.1% hit in June but slightly above market estimates of 6.8%. The figure also followed a 6.5% gain in August and defied expectations for a further slowdown to 6.2%. Inflation Rate in Albania is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The Gross Domestic Product (GDP) in Poland contracted 2.10 percent in the second quarter of 2022 over the previous quarter. Prices rose for food (19.12 percent vs 18.22 percent in August) and non-food products (16.61 percent vs 15.98 percent). The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -8.40 percent in the second quarter of 2020. The BIST 100 has soared over 220% since the start of the 850bps rate-cut cycle from the central bank in September 2021. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. The Nikkei 225 Index jumped 1.21% to close at 27,528 while the broader Topix Index gained 0.98% to 1,934 on Monday, recouping some losses from the previous session, as robust quarterly earnings reports and upbeat corporate outlooks lifted sentiment. GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. The bank's inflation target is 3.50 percent for 2022 and 3.25 percent for 2023, with a 1.5 percentage point margin of tolerance in both cases. Still, it is the 2nd highest current account deficit on record as imports of petroleum and products remained strong.
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