inflation
Business
Rajesh
03/02/2022
289
Russian invasion or not, Ukraine’s economy is already paying price
KYIV, Ukraine: In his open-plan office in the center of Kyiv, tech executive Dmytro Voloshyn lists off the tricky questions…
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Business
Rajesh
03/02/2022
264
Turkey inflation surges to near 20-year high
ISTANBUL: Turkey’s inflation hit a two-decade high near a whopping 50 percent in January, official data showed yesterday, as a…
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Business
Rajesh
03/02/2022
219
ECB sits tight as inflation pressure rises
BRUSSELS: The European Central Bank stuck to its ultra-loose monetary policy yesterday, despite record inflation in the eurozone putting the…
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Business
Rajesh
03/02/2022
167
BoE agrees second rate hike in row as inflation skyrockets
LONDON: The Bank of England yesterday lifted its main interest rate for the second time in a row in a…
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Business
Rajesh
02/02/2022
243
Eurozone inflation soared to new record high in January
BRUSSELS: Inflation in the eurozone soared to a new record high in January, official data showed yesterday, adding pressure on…
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Business
Rajesh
29/01/2022
269
Erdogan threatens to punish media over ‘harmful content’
ISTANBUL: Turkish President Recep Tayyip Erdogan threatened Turkish media with legal action over content “incompatible with national and moral values,”…
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Business
Rajesh
29/01/2022
317
Gold demand soars on economic rebound, inflation surge: Industry
LONDON: Global gold demand soared in the fourth quarter of 2021 as inflation rocketed, helping to recoup much of the…
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Business
Rajesh
13/01/2022
444
Biden points to ‘progress’ as US prices hit record high last year
WASHINGTON: US consumer prices jumped last year at the fastest pace in four decades, the government confirmed Wednesday, underscoring the…
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Business
Rajesh
12/01/2022
462
US consumer prices rose 7% in 2021
WASHINGTON: US consumer prices in 2021 rose at the fastest pace in four decades, the government announced yesterday, an inflation…
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Business
Rajesh
12/01/2022
285
China inflation eases in December, providing opportunity for rate cuts
BEIJING: Inflation in China eased in December thanks to falling food and commodity costs, with analysts saying yesterday figures give…
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Business
Rajesh
11/01/2022
324
New German CB chief warns ECB to watch inflation
FRANKFURT: Monetary policy in the eurozone needs to “be on its guard” in the face of record inflation, new Bundesbank…
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Business
kuwaittimes
11/12/2021
62
‘So high!’- Sticker shock at US gas pumps as inflation bites
WASHINGTON: Standing with the pump in her hand, Telila Scott was stunned to see the price of gas in Washington-a…
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Business
kuwaittimes
06/12/2021
51
BoE warns UK inflation to top 5.0% on energy costs
LONDON: British inflation will “comfortably” top five percent in April due to rocketing energy prices, well above the Bank of…
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Business
kuwaittimes
06/12/2021
117
Kuwait’s inflation rate looks set to average around 3.0% in 2021
KUWAIT: Kuwait’s consumer price inflation edged down slightly to 3.2 percent y/y in July versus June but has trended higher…
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Business
kuwaittimes
04/12/2021
38
Turkey’s annual inflation rate surges as currency crisis bites
ANKARA: Turkey’s annual inflation rate surged Friday above 20 percent-its highest in three years-although the main opposition leader accused officials…
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Kuwait
kuwaittimes
01/12/2021
50
Kuwait’s inflation rises 3.17 percent
KUWAIT: The consumer prices on an annual basis grew by 3.17 percent in July, according to Kuwait Central Statistical Bureau.…
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Business
kuwaittimes
28/11/2021
55
New COVID variant spurs risk off mode and volatility in markets
KUWAIT: The Federal Reserve released the minutes of their meeting from earlier this month expressing their concern about inflation. Fed…
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Business
kuwaittimes
24/11/2021
55
Biden dives into US oil reserves to soothe Americans on inflation
WASHINGTON: President Joe Biden tapped the US strategic oil reserves in a bid to reassure Americans angry about inflation and…
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Business
kuwaittimes
17/11/2021
29
UK inflation spikes to ten year high on energy costs
LONDON: British inflation spiked close to a ten-year high in October on increased energy bills and resurgent post-lockdown demand, data…
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Business
kuwaittimes
16/11/2021
26
How Washington could fight America’s record inflation
WASHINGTON: With US prices rising at a rate not seen in decades, President Joe Biden’s administration is looking for ways…
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Business
kuwaittimes
11/11/2021
38
Biden vows to tackle inflation ‘head on’ as price surge hits 30-year high
BALTIMORE, US: President Joe Biden acknowledged Wednesday that US shoppers were paying too much for everyday goods, vowing to tackle…
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Business
kuwaittimes
31/10/2021
30
Fed set to begin stimulus taper amid inflation
WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last…
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Business
kuwaittimes
28/10/2021
102
ECB stands pat on stimulus amid rising eurozone inflation
FRANKFURT: European Central Bank policymakers shrugged off rising inflation across the eurozone when they met yesterday, with the bank leaving…
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Business
kuwaittimes
27/10/2021
24
UK eyes solid recovery despite strong inflation
LONDON: Britain’s pandemic-hit economy is set to extend its solid recovery into next year despite strong inflationary pressures, finance minister…
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Business
kuwaittimes
14/10/2021
26
China’s factory inflation hit 25-year high in September
BEIJING: China’s factory inflation hit its highest level in a quarter of a century on surging commodity costs last month,…
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Business
kuwaittimes
14/09/2021
39
US consumer prices slow in August as inflation pressures ease
WASHINGTON: US consumer prices slowed in August as some of the inflation pressures caused by the havoc of the COVID-19…
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Business
Rajesh
11/09/2021
40
Stocks stumble on inflation, growth worries
NEW YORK: US stocks dropped for the fourth straight day on Friday and European stocks mostly fell amid renewed fears…
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Business
kuwaittimes
08/09/2021
26
Turkish lira tumbles over CB comments
ISTANBUL: The Turkish lira took one of its biggest tumbles of the year yesterday over speculation that the central bank…
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Business
kuwaittimes
18/08/2021
33
UK inflation slows but expected to rise again
LONDON: Britain’s annual inflation rate slowed sharply last month as clothing retailers slashed prices in the pandemic-hit sector, official data…
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Business
kuwaittimes
25/07/2021
57
Fed to meet as inflation, virus variants muddle US recovery
WASHINGTON: As rising prices and the spread of new COVID-19 variants increase risks to the US economy, Federal Reserve officials…
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Business
kuwaittimes
24/06/2021
27
Bank of England keeps low rate, sees ‘temporary’ inflation spike
LONDON: The Bank of England yesterday froze interest rates at a record-low but forecast a “temporary” inflation spike as the…
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Business
kuwaittimes
07/06/2021
40
Surging inflation, economic rebound test ECB’s mettle
FRANKFURT: Surging inflation and an economic rebound as virus curbs ease will be in focus when European Central Bank policymakers…
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Business
kuwaittimes
19/09/2020
24
US Fed official warns against ‘ghost stories’ about inflation
NEW YORK: In this file photo, FOX Business Network’s Maria Bartiromo (left) interviews Minneapolis Federal Reserve president Neel Kashkari at…
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kuwaittimes
04/05/2020
11
Inflation in Kuwait up 1.94% in March
KUWAIT: Inflation rate in Kuwait rose by 1.94 percent in March on yearly basis, the Central Statistical Bureau (CSB) said…
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Middle East
kuwaittimes
23/02/2020
15
Top central bankers unsettled by shifting sands of inflation
RIYADH: Saudi Minister of Finance Mohammed Al-Jadaan (left) and Ahmed Alkholifey, Governor of the Saudi Arabian Monetary Authority, Central Bank…
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