CBE explains decline in inflation during December 2024

Annual urban headline inflation decreased to 24.1% in December 2024, down from 25.5% in November 2024, marking the lowest rate in two years. This decline is primarily driven by a reduction in food inflation, which steadily decreased over the course of 2024. In December, lower prices for fresh vegetables offset the increase in non-food inflation, […]

Food inflation may ease on lower prices of vegetables

times of india - 01/Feb 02:22

Food inflation still at a record low

it-online.co.za - 23/Jan 07:04

South Africa’s headline inflation advanced slightly higher but still below expectations at 3% y/y in December 2024, with the monthly pressure just...

Cyprus economic sentiment deteriorates in January

cyprus-mail.com - 31/Jan 15:12

Economic sentiment in Cyprus experienced a slight downturn in January 2025, with the Economic Sentiment Indicator (ESI-CypERC) decreasing by 0.6...

Brazil: Central Bank Lifts Benchmark Interest Rate To 13.25% Per Year

eurasiareview.com - 31/Jan 00:03

By Wellton Maximo The recent rise in the dollar and uncertainties about inflation and the global economy prompted the Brazilian Central Bank to...

Olive oil price drops, vegetable more expensive

cyprus-mail.com - 21/Jan 13:06

Overall prices for food increased in December while some fell, including olive oil, the Consumer Price Index showed on Tuesday meanwhile prices for...

Belize Inflation Hits 2.6%, Food and Rent Soar

edition.channel5belize.com - 30/Jan 17:26

Everyday essentials like food, housing, and personal care products saw sharp increases in prices in December 2024, according to the latest Consumer...

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

storeys.com - 27/Jan 21:23

We’re days away from another Bank of Canada interest rate announcement — the first of eight scheduled for 2025 — and though economists were...

Nearly 70 per cent of vegetables have recorded price reductions - Green

jamaica-gleaner.com - 23:43

Despite one of the driest periods for agriculture, with at least half of Jamaica's parishes experiencing lower rainfall than their 30-year-average,...

Bank Of Canada Cuts Interest Rate Down To 3%, Lowest Since 2022

storeys.com - 29/Jan 14:45

On Wednesday morning, the Bank of Canada announced an interest rate cut of 25 basis points for their January decision — the first of eight scheduled...

Philippines declares food security emergency to tame retail rice prices

nst.com.my - 03/Feb 22:39

MANILA: The Philippines, among the world’s largest rice importers, declared on Monday a food security emergency to bring down the cost of rice,...

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