WASHINGTON — U.S. consumer prices in November rose at the fastest annual pace in almost 40 years, increasing pressure on the Federal Reserve to tighten monetary policy, the U.S. Labor Department reported on Friday. The consumer price index (CPI) last month rose 0.8 percent from the previous month and 6.8 percent from a year earlier, … Read more
SEOUL — South Korean financiers picked massive household debt and high inflation as the biggest financial risk, a central bank survey showed Wednesday. According to the Bank of Korea (BOK) survey, the highest number of respondents selected the high household debt and the inflation, caused by the global supply disruption, as the biggest risk facing … Read more
KUALA LUMPUR — Malaysia’s inflation rate, as measured by Consumer Price Index (CPI), rose 2.9 percent in October 2021 from a year earlier due to rising fuel and utilities prices, official data showed Friday. The increase was mainly due to a double-digit increase of 11.3 percent in the transport group, the Department of Statistics Malaysia … Read more
KARACHI: The State Bank of Pakistan (SBP) has projected the real GDP growth at 4 per cent to 5 per cent for the current fiscal year, as per the actual target set for the fiscal year. However, the current account deficit has been projected at up to 3 per cent of the GDP as against … Read more
