Tag: inflation

China’s Industrial Profits Continue To Plunge | World Business Watch | WION

As deflationary pressures hurt finances, profits at china’s large industrial firms fell more quickly in September than a month earlier. This comes despite Beijing’s unprecedented stimulus blitz. Following…

Analyzing the state of the U.S. economy before Election Day

CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for…

China’s consumer inflation slows further in December, stoking deflation worries

China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns. Growth in headline inflation…

Gas prices expected to keep falling

ABC News’ Correspondent Alexis Christoforous breaks down the relief at the pump as more than a dozen states are now below $3 a gallon. Subscribe to ABC News…

Spending on groceries hits new high after shoppers visit supermarkets average of 17 times each over Christmas

SHOPPERS hit supermarkets an average of 17 times each during December — pushing up spending on groceries to a new high. Stocking up on festive treats saw food…

US Federal Reserve cuts interest rates for first time in four years • FRANCE 24 English

the US Federal Reserve lowered its key lending rate by a deeper-than-expected 0.5 percent, in its first rate cut in more than four years. The move indicates that while…

Protests over rising costs of living turn violent in French Caribbean island of Martinique

Protests have erupted on the French Caribbean island of Martinique over the high cost of living, sparking violent clashes with police and the destruction of property. At least…

What’s behind violent protests in France’s Martinique? • FRANCE 24 English

French authorities on Thursday grappled with a new spike in violence in the country’s overseas territories, ordering a curfew after rioting in Martinique. France 24’s Angela Diffley takes…

‘Unacceptable poverty’: Protests continue in Martinique • FRANCE 24 English

Cab drivers in Martinique joined a protest movement against the high cost of living, blocking major highways on Thursday before a 9pm government-imposed curfew. The French Caribbean island…