Consumer price index
International News

Gas Prices Drive US Inflation To 3.7% In August

Amid rising gas prices, the US inflation rose to 3.7 per cent, recording an acceleration for the second-straight month, CNN reported on Wednesday. However, core inflation, which strips out volatile food and energy prices, continued to slow, CNN reported citing data from the Bureau of Labor Statistics. The Consumer Price Index, a closely watched inflation […]

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International News

China’s Factory Gate Prices Fall At Fastest Pace In 7 Years: Report

China’s factory gate prices reduced at the fastest pace in seven years in May 2023 and quicker than forecasts as demand weighed on a slowing production sector and affected the fragile economic recovery, Gulf Today reported. Factory-gate price is the price at which a factory sells goods to wholesalers. China has been tackling a sharp […]

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