The annual inflation rate in Japan rose to 2.6% in July 2022 from 2.4% in June. Italy PPI Inflation At Record High. Figures came higher than market forecasts of 10.2%, preliminary estimates showed. In September 2022, industrial producer prices rose by 1.6% in the euro area and by 1.5% in the EU, compared with August 2022, according to estimates from Eurostat, the statistical office of the European Union. Estonia, Latvia, and Lithuania consider themselves as revivals of the three independent countries that existed prior to their occupation and annexation by the Soviet Union in 1940. Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden. UK PM Liz Truss defends tax cuts, vows to press on. This was the 11th straight month of increase in consumer prices and the fastest pace since April 2014, amid surging fuel and food cost following Russia's invasion of Ukraine as well as a sharply weakening yen. But clearly didn't succeed in conventional measures. The lowest annual rates were registered in Malta, 0.3 percent, Greece, 0.7 percent, and Italy, 1 percent. President Trump only had four years to make America great again. Lithuania's economy contracted in the second quarter, the first estimate from Statistics Lithuania showed on Friday. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. All Top News. The annual inflation rate in Namibia rose further to 6.8 percent in July of 2022 from 6 percent in the previous month. Password requirements: 6 to 30 characters long; ASCII characters only (characters found on a standard US keyboard); must contain at least 4 different symbols; The annual rates of 7.6% in 2022 (8.3% in the EU) and 4.0% in 2023 (4.6% in the EU) imply upward revisions by more than one percentage point from the Spring Forecast. Inflation Rate in Congo averaged 21.06 percent from 1999 until 2022, reaching an all time high of 511.21 percent in December of 2000 and a record low of 1.35 percent in April of 2013. Every morning a new headline underscores growing economic concerns: Highest inflation since the 1970s.Central banks aggressively raising rates. 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 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. Thai Stock Market Set To Stop The Bleeding On Thursday. 26 July 2022. Wall Street rises ahead of election results, inflation data. The annual inflation rate in the UK rose to 10.1% in September of 2022 from 9.9% in August, returning to the 40-year high hit in July and surpassing market expectations of a 10% rate. Inflation Rate in Dominican Republic averaged 13.34 percent from 1984 until 2022, reaching an all time high of 82.49 percent in February of 1991 and a record low of -1.57 percent in September of 2009. 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%. Zambia's annual inflation rate rose for the first time in nearly one year to 9.9% in July of 2022 from 9.7% in the previous month. 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. Indonesian parliament committee approves 2023 budget. Some of the measures included suspending payment to government contractors, raising the policy rate Lithuania: 3.72 2.53 2.24 1.06 3.03 European Union annual inflation was 2.5 percent in July 2021, up from 2.2 percent in June. Inflation Rate MoM in Argentina averaged 2.89 percent from 2014 until 2022, reaching an all time high of 7.40 percent in July of 2022 and a record low of 0.20 percent in August of 2016. On a year on year basis Lithuanias gdp growth Denmark Inflation Highest Since June 1984. As the pressures from energy prices and supply constraints fade, inflation is expected to decline steadily thereafter and to fall below 3% by the end of 2023. This website features the current and historic inflation rates for a large number of countries and regions. 0.4 percent in the euro area and 0.9 percent in the EU, according to Eurostat. Watch CNN streaming channels featuring Anderson Cooper, classic Larry King interviews, and feature shows covering travel, culture and global news. A year earlier, the rate was 0.9%. Lithuanias annual inflation rate climbed to 21.6 percent in July of 2022 from 21.0 percent in the previous month. Inflation has been falling since August this year following tight monetary measures implemented by the government and monetary authorities. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. Annual inflation rate in the Euro Area continued to break record high levels and jumped to 10.7% in October of 2022 from 9.9% in September. 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 Inflation Rate in Pakistan averaged 7.98 percent from 1957 until 2022, reaching an all time high of 37.81 percent in December of 1973 and a record low of -10.32 percent in February of 1959. Election scrutiny high, but US votes without major hitches. 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. Lithuanias gdp growth annual decreased to 0.1 by -102.17% on July 2020 from -4.6 in the previous Quarterly. 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. 04/11/2022 Industrial producer prices up by 1.6% in the euro area and by 1.5% in the EU. Prices of energy continue to have the biggest impact (up 41.9% vs 40.7% in September), followed by food, alcohol & tobacco (13.1% vs 11.8%), non-energy A year earlier, the rate was. Stay up to date on all the latest and breaking news about Inflation and Plung, and explore articles from many reputable news sources on current events. Lithuania Inflation Increases In August *Italy July Retail Sales Down 0.4% M/M, Up 6.7% Y/Y; Cove Kombucha secures CAD 4.5m in funding round Lithuanias economy exited the COVID-19-crisis successfully and was growing fast until early 2022, buoyed by rising exports and rapid integration into global value chains. Inflation Rate in Congo increased to 9.43 percent in July from 8.98 percent in June of 2022. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. The largest contribution to the increase was from food (14.8% vs 13.4% in August), namely oils and fats and dairy products. Lithuania Economy. Download the entire news release (graphs and table included - PDF) 5 July 2022 - Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) rose to 9.6% in May 2022 (Figure 1), compared with 9.2% in April 2022, largely driven by food and energy prices.This represents the sharpest price However, with Russias aggression of Ukraine continuing and its consequences spreading, the outlook has darkened. Economic Survey of Lithuania - 20 October 2022. Inflation - up to date info on current and historic inflation by country. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. It was the highest reading since September of 2005, even after a recent 150 bps rate hike by the central bank, largely due to a weaker currency that raised the costs of imported products. The price increase was led by soaring costs of housing and utilities (13.3% vs 10.5%); furnishings, household equipment and routine household maintenance (15.7% vs 15.3%); food and non-alcoholic beverages (19.1% vs 19.2%); Annual inflation in Lithuania was 16.8 percent in April, compared to the same period in 2021, according to a press release by the Lithuanian Statistics Department. Read latest breaking news, updates, and headlines. Inflation Rate in the United Arab Emirates averaged 1.54 percent from 1990 until 2022, reaching an all time high of 12.30 percent in the fourth quarter of 2008 and a record low of -2.71 percent in the second quarter of 2020. Consumer costs also grew sharply for housing and utilities (20.2% vs 20%), Singapore's annual inflation rate was at 7.5% in September, unchanged from August's figure of more than 14-year high, in line with market estimates. The EU welcomes the World Trade Organization (WTO) ruling that confirms that the anti-dumping duties imposed by Colombia on frozen fries from Belgium, Germany and the Netherlands are in breach of WTO rules and unfairly restrict access to the Colombian market for European producers. 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. Now, all eyes This is according European Union annual inflation was 2.5% in July 2021, up from 2.2% in June. Get information on latest national and international events & more. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. Breaking News. 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. Prices quickened for both food (12% vs 11.9% in June), namely cooking oil; and non-food products (7.2% vs 6.9%), mainly due to an increase in fuel pump prices which triggered an upward adjustment to public bus fares. Inflation based upon the CPI is the main inflation indicator in most countries. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. His presidential term lasted from January 2017 to January 2021, whereas our charts cover the four presidential years plus all of 2021, in case his influence lingered on post term. This page provides - Dominican Republic The unemployment rate in the OECD area fell for the sixth consecutive month to 5.7% in October 2021, from 5.8% in September but at a slower pace than in previous months. As of September 2022, the inflation rate in the European Union was 10.9 percent, with prices rising fastest in Estonia, which had an inflation rate of 24.1 percent. Food inflation climbed for the seventh straight 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. Analysis-China poised to shake up economic leadership as reformers bow out. By DAMIAN J. TROISE and STAN CHOE. Analysis-Why the dollar's wrecking-ball rally is not done yet. Consumer sentiment at record lows. Main Economy News Today. The annual inflation rate in the Dominican Republic eased to 8.63 percent in September of 2022 from 8.80 percent in the previous month. Inflation in the OECD rises further in May 2022, reaching 9.6% . The price changes were mainly driven by higher fuel and heating costs, as well as rising prices of food products and some services. Statistics Lithuania calculates the Harmonised Index of Consumer Prices (HICP), which is methodologically harmonised with those of other EU Member States, on a monthly basis. The annual inflation rate in Nigeria accelerated for the eighth straight month to 20.77% in September of 2022 from 20.52% in the prior month. November 8, 2022 GMT. Zimbabwes annual consumer price inflation eased for the second straight month to 268.8% in October of 2022, from 280.4% in the prior month. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Following inflation rates are shown: Inflation based upon the consumer price index. Main Economy News Today. Food prices rose by 6.9%, the most since October 2008, after gaining 6.4% in August. Additional upward pressures from cost of housing (6.0% vs 6.0% in July), due to accommodation; transport (19.0% vs 20.2%), linked to private Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Porsche shares rise in Frankfurt market debut. Annual inflation (July 2009, against July 2008) made 2.6%, which is by 0.4 percentage point less than that calculated based on the CPI. The annual inflation rate in Croatia reached a record of 12.8 percent in September of 2022, the highest on record, from 12.3 percent in the previous month. By CHRISTINA A. CASSIDY and GEOFF MULVIHILL November 8, 2022 GMT. Inflation Rate in the United Arab Emirates increased to 6.77 percent in the second quarter of 2022 from 3.43 percent in the first quarter of 2022. Eurostats estimates that Lithuania has experienced the highest inflation in the euro area 9.3% from November 2020 to November 2021, has turned attention to the effects rising costs have had on recent pay rises and savings, Lithuanian public broadcaster LRT and journalists Irma Janauskait, Jrat Anilionyt and Vesta Tzenhauziene report. (July 2013) This is a list of cities and states sorted by the IMF-based or World Bank based inflation rate. 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