The U.S. manufacturing sector bounced back in December after a sluggish phase of November, while housing sector continued to fall though less than expected in November, according to recent data. However, these encouraging data remain short-lived as the Federal Reserve while suggesting a moderate eco[...]
Posts Tagged ‘Inflation’
July 8th, 2012 - 11:18 am § in News Of Economy
U.S. Manufacturing Sector up, Fed cites slower growth ahead
July 2nd, 2012 - 11:07 am § in News Of Economy
US economy points to steady growth, says Fed
The latest data released by the Federal Reserve pointed towards a stable growth in the world’s biggest economy. The latest figures have somewhat eased inflationary concerns and threat of sharper slowdown. The survey noted unexpected industrial production growth that rose 0.4 percent last month[...]
June 14th, 2012 - 10:39 am § in News Of Economy
Another upward rate revision could hit UK growth
A recent report has warned that if Bank of England continued to raise interest rates, UK economic growth could fall below 2 percent. The British Chamber of Commerce (BCC) in its latest report indicated that UK’s economic growth may take a downward direction if the central bank decides to raise[...]
June 12th, 2012 - 10:36 am § in News Of Economy
Zimbabwe inflation rises record 1,600 percent
Inflation in Zimbabwe has touched the record annual rate of 1,593.6 percent than 1200 percent month before as daily needs items like electricity, gas and food’s prices increasing day by day. Country economy is showing adverse effect as its all major sector includes primary, secondary and servi[...]
June 10th, 2012 - 10:32 am § in News Of Economy
UK inflation dips following cut in oil prices
Due to steep falls in global crude oil, Inflation unexpectedly tumbled to 2.7% last month, recorded down from a 15-year high of 3% in December. Prices fell to 0.8%, all time low in four years as air fares, food prices and telephone charges falls helped inflation down. Although oil prices have raised[...]
May 31st, 2012 - 1:58 pm § in News Of Economy
US productivity declines sharply in final quarter, rising labor costs sends worrisome signal
The U.S. economy is still gripped between sluggish growth and persistent inflation threats, revealed new government data released on Tuesday. Labor costs soared in the final quarter of last year due to bonuses awarded to high-income workers, which has certainly raised inflation threat to the promine[...]
May 14th, 2012 - 1:28 pm § in News Of Economy
Fed says rate increases may prove essential as growth, inflation remain uncertain
The Federal Reserve has reinforced its position that inflation remained the biggest threat to the economy in its minutes from the March meeting. At the last meeting, Federal Reserve officials had concluded that more interest rate increases might be needed to suppress rising inflation, although they [...]
May 10th, 2012 - 1:22 pm § in News Of Economy
Inflation fears relax in US economy amid rising energy prices, easing wider uncertainty
The US consumer prices relaxed in March unexpectedly rose, indicating the economy will move at a moderate rate with controlled inflation. The US Labor Department reported on Tuesday that US consumer prices rose by 0.6 percent in March, marking the biggest increase since April 2006. The 0.6 percent s[...]
May 9th, 2012 - 1:21 pm § in News Of Economy
Overheating fears intensify as China’s economy surges 11.1 percent in first quarter
China’s economy in the first quarter grew 11.1 percent from the corresponding period last year, fuelled by rapid investment and booming exports. At the same time, a series of recent monetary tightening measures taken recently seem to have apparently little impact to restrain the activity. Howe[...]
May 4th, 2012 - 1:13 pm § in News Of Economy
Inflation of Zimbabwe touches a record figure of 2,200%
Did you ever think in your wildest dreams that inflation could reach four figures? This has happened in Zimbabwe where inflation has jumped to a record figure of 2,200% in March. All this is happening as a result of widening political and economic crisis in the country. Both food and non food have b[...]