Trending now

South Korea inflation quickens to 3.1% as costs climb

Japan deploys AI to detect investment fraud earlier

Egypt and China mark 70 years during Xi Jinping visit

Korea’s August exports jump 68.7% to $98.25 billion on chips

India GDP grows 7.8% as Modi hails resilient economic growth

India-Russia ties lead Modi-Putin talks at SCO summit

Nikkei drops as Japan bond yields hit three-decade highs

China digital industry revenue reaches 20.71 trillion yuan

Lionel Messi retires from Argentina after 21-year record run

UN warns child violence risks deepen as 2030 target slips

Iraq Bulletin

Tag : Inflation

Business

South Korea inflation quickens to 3.1% as costs climb

iraqbulletin.co
Fuel costs remained a major source of price pressure during the month. Petroleum product prices climbed 14.2% from a year earlier, though the increase slowed from July. Diesel prices jumped 19.6%, while gasoline prices rose 11.5%. Petroleum products added 0.54 percentage point to annual consumer price growth. Mobile phone service charges also recorded a sharp annual increase. Mobile service prices...
Business

Nikkei drops as Japan bond yields hit three-decade highs

iraqbulletin.co
Japanese stocks came under sharp pressure Monday as the Nikkei 225 dropped nearly 2% in early trading. The benchmark fell 1.97% to 65,096.63 and later touched an intraday low of 64,832.10. Technology shares led much of the decline as investors reacted to higher bond yields and tighter interest rate expectations. The broader Topix also weakened early, falling 0.84% to 4,111.71....
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

South Korea heat wave drives fresh food prices higher

iraqbulletin.co
Fresh vegetable prices have surged in South Korea as prolonged extreme heat reduced shipments and damaged farm output nationwide. Korea Agro-Fisheries & Food Trade Corp. data showed spinach at 1,978 won per 100 grams on Aug. 7, up 152.3% from a month earlier. Ten cucumbers cost 8,313 won, an increase of 54.8%. Blue lettuce rose 41.7%, while a zucchini climbed...
Business

UAE economy extends global rise on strong 2026 data

iraqbulletin.co
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the first quarter and early second quarter pointed to solid momentum carried......
Business

Bank of Korea keeps rate at 2.5% for seventh hold

iraqbulletin.co
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure, weaker growth risks and heightened market volatility. The decision by the seven-member Monetary Policy Board......
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

iraqbulletin.co
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while assessing developments in......
Business

Global markets face disruption amid $17.3 trillion oil shock warning

iraqbulletin.co
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of Venezuelan President Nicolás Maduro by U.S. forces has disrupted expectations......
Business

Gold prices rise as risk sentiment weakens globally

iraqbulletin.co
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was last up 0.3 percent at $2,378.40 per ounce, while U.S.......
Featured News

Americans brace for recession as consumer expectations plunge in April

iraqbulletin.co
U.S. consumer confidence sinks to early pandemic levels as inflation and tariffs fuel recession fears among Americans....