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Iraq Bulletin

Tag : consumer price index

Business

Denmark inflation slips to 1.7% with core rate steady

iraqbulletin.co
Denmark's annual consumer price inflation eased to 1.7% in July from 1.9% in June, with core inflation remaining steady at 2.3%. Restaurants and hotels were the main contributors to July inflation, with higher holiday home rental prices driving the increase. The consumer price index rose 1.3% from June, with holiday home rentals and package holidays accounting for the largest share...
Business

Gold clears $4,400 while US inflation data takes focus

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Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. U.S. gold futures climbed 1.7% to $4,492.60. The move pushed prices above the seven-week peak recorded last week and continued a recovery that accelerated after...
Business

Gold falls below $4,000 after oil prices jump

iraqbulletin.co
NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold futures for August delivery......
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

Gold steadies as markets watch US-Iran talks

iraqbulletin.co
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates. The metal stayed range-bound after a volatile week in which easing fears over a wider......
Business

South Korea inflation eases to 2.0% in January

iraqbulletin.co
MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in January. On a month-to-month basis, prices increased 0.4%, following a 0.3% rise in December. The......
Featured News

Wall Street tumbles as CPI report dampens interest rate optimism

iraqbulletin.co
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report fueled uncertainty, sending the Dow, S&P 500, and Nasdaq lower....
Business

Gold prices hold steady near one-year high as Fed rate pause looms

iraqbulletin.co
Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end of its rate-hiking cycle. This drove non-yielding bullion towards a second consecutive weekly increase. Spot gold was last down 0.78% at $2,023.77 per ounce, with......