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Iraq Bulletin

Tag : consumer inflation

News

Pakistan inflation rises as food and education gaps persist

iraqbulletin.co
Authorities set the official chicken meat price at Rs461 per kilogram after cutting the notified rate by Rs22. Retail sellers still charged between Rs520 and Rs570 per kilogram. Potatoes carried an official price of Rs27 to Rs30, yet market rates reached Rs50 to Rs70. Tomatoes were listed between Rs130 and Rs180 but sold for Rs250 to Rs300. Onions also exceeded...
Business

Gold stays above $4,400 before US inflation releases

iraqbulletin.co
The U.S. dollar remained subdued during early trading, supporting dollar-priced precious metals. A weaker dollar reduces the cost of gold for buyers using other currencies. Meanwhile, the benchmark U.S. 10-year Treasury yield remained elevated near 4.84%. Gold does not pay interest, making changes in bond yields important for precious metals markets. Brent crude also held above $100 a barrel after...
Business

China inflation hits 1% in March as PPI turns positive

iraqbulletin.co
BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar New Year holiday period. On a month-on-month basis, the consumer price index fell 0.7%, reversing February’s 1.0% rise. For the first quarter, consumer prices were......
Business

South Korea inflation hits 2.2% in March on oil surge

iraqbulletin.co
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer price index rose 0.3%, matching the pace seen in February. The reading placed inflation back......
Business

Fed faces tough choices as egg prices soar amid shortages

iraqbulletin.co
Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers react to the sharp increase amid an ongoing avian flu outbreak....