consumer prices News

U.S. Tariff Rates Hit 91-Year Peak, Sparking Fears of Consumer Price Surge and Economic Ripple Effects

The U.S. tariff rates have surged to an 18.3% average, the highest in 91 years, causing significant price increases in clothing and textiles, and prompting companies to pass costs ...

Italy's Inflation Holds Steady at 1.7% in July, Surpassing Analyst Expectations

Italy's inflation rate remained steady at 1.7% in July, slightly above expectations, driven by mixed price movements across various sectors. Core inflation stayed at 2%, with HICP ...

Powell Warns: Trump's Tariffs Begin to Impact Consumer Prices and Inflation

Federal Reserve Chair Jerome Powell discusses how President Trump's tariffs are affecting consumer prices and inflation, noting the economic impact is still unfolding and retailers...

UK-India Trade Deal: Duty Cuts Benefit Businesses More Than Consumers, Experts Say

The UK-India trade deal's duty cuts may not lower consumer prices as much as expected, with businesses likely to benefit more due to the complex cost structure and lack of mechanis...

UK Inflation Rises to 3.6% in June: Transport Costs Drive Upward Trend

UK inflation rose to 3.6% in June, driven by higher transport costs, despite some offset from lower housing expenses. Monthly consumer prices increased by 0.3%, with CPIH showing a...

Asia-Pacific Markets React Mixedly as Trump's New Tariffs Stir Trade Tensions

Asia-Pacific markets traded mixed as new US tariffs on Japan and South Korea take center stage. China's stocks gained slightly after consumer prices rose in June, reversing May's d...

Oil Price Surge Pushes Inflation Back to 2%: What This Means for the Economy

The Bank of Korea anticipates a slowdown in July's inflation rate after June's surge to 2.2%, driven by oil prices and agricultural costs, with future trends dependent on internati...

Walmart CFO Warns: Expect Price Hikes by End of Month Due to U.S. Tariffs

Walmart's CFO John Rainey predicts price hikes due to U.S. tariffs, warning consumers of increases by month's end. Despite a strong revenue report, the retail giant faces challenge...

China's Inflation Stagnates: CPI Dips 0.1% in April, Mirroring March's Decline

China's CPI dipped 0.1% in April, unchanged from March, indicating persistent deflationary pressures. Monthly CPI showed a slight recovery, while PPI continued to decline, reflecti...

Turkey's Inflation Rate Dips Slightly in April, Yet Education and Housing Costs Skyrocket

Turkey's inflation rate slightly decreased to 37.86% in April from 38.1% in March. Education and housing costs saw the highest annual increases, while clothing and footwear experie...

Turkey's Inflation Rate Dips Slightly in April: A Closer Look at the Numbers

Turkey's inflation rate slightly decreased to 37.86% in April from 38.1% in March. Education and housing prices surged the most, while clothing and footwear saw the least increase....

April Inflation Holds Steady at 2.1%: Service Fees and Processed Foods Lead the Charge

In April, consumer prices rose by 2.1% year-on-year, driven by increases in service fees and processed food prices, while fresh food prices declined. Personal services and dining o...

Amazon Probes US Sellers on Trump Tariffs Impact: Strategies and Consumer Prices at Stake

Amazon is surveying US sellers to understand the impact of Trump's tariffs on pricing and logistics, with third-party sellers exploring strategies to manage increased costs. CEO An...

Surprising Drop in Canadian Inflation: From 2.6% to 2.3% in March Sparks Economic Discussions

Canada's inflation rate unexpectedly dropped to 2.3% in March, down from 2.6% in February, largely due to lower prices in travel tours and gasoline. This change has sparked discuss...

Spain's Inflation Drops to 2.3% in March, Marking a Significant Decrease from February

Spain's inflation rate dropped to 2.3% in March, down from 3% in February, driven by changes in transportation, housing, and leisure sectors. Monthly consumer prices saw a slight i...

Spain's Inflation Drops to 2.3% in March: A Closer Look at the Economic Shift

Spain's inflation rate decreased to 2.3% in March, down from 3% in February, driven by changes in transportation, housing, and leisure sectors. Monthly consumer prices rose slightl...

Fed's Barkin Warns: Tariff-Induced Price Hikes May Hit Consumers by June Amid Trade Tensions

Federal Reserve's Thomas Barkin discusses the delayed impact of tariffs on consumer prices, predicting hikes by June due to current inventories. Businesses face challenges in passi...

Fed's Barkin Warns: Consumer Prices May Rise by June Due to Tariffs, Impacting Employment

Federal Reserve's Thomas Barkin discusses the delayed impact of tariffs on consumer prices, expected by June, due to current business inventories. Businesses face challenges in pas...

Fed's Goolsbee Warns: Rising Tariffs Could Trigger Trade War and Spike Inflation

Federal Reserve's Austan Goolsbee warns that escalating tariffs could lead to a trade war, increasing inflation. Amid strong US economic data, uncertainty and public anxiety grow, ...

Fitch Ratings Warns: Escalating US Tariffs Could Trigger Economic Recession

Fitch Ratings warns that US tariffs, now at levels last seen in 1909, could trigger a recession by increasing consumer prices, lowering corporate profits, and dampening global econ...

Trump's 'Liberation Day' Tariffs: A Deep Dive into Their Economic Impact and Global Reactions

President Trump's 'Liberation Day' tariffs aim to protect American jobs but risk increasing consumer prices and disrupting global trade. Economists and international leaders expres...

South Korea Faces Persistent Inflation: Consumer Prices Surpass 2% for the Third Month in a Row

South Korea's consumer prices have risen above 2% for the third consecutive month, driven by increases in processed food prices and university tuition fees. The Bank of Korea antic...

Italy's Inflation Climbs to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's annual inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while th...

Italy's Inflation Rises to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while HICP saw ...

Italy's Inflation Rises to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while HICP saw ...

Italy's Inflation Climbs to 2% in March: Energy and Food Prices Lead the Surge

Italy's inflation rate increased to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and unprocessed food. Core inflation remained stable, while HICP...

Italy's Inflation Rises to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while monthly c...

Spain's Inflation Rate Drops Significantly to 2.3% in March, Marking a Positive Economic Shift

Spain's annual inflation rate dropped to 2.3% in March from 3% in April, with consumer prices rising 0.1% month over month. Core prices increased by 2% annually, and the HICP rose ...

Spain's Inflation Rate Drops Significantly to 2.3% in March, Marking a Positive Economic Shift

Spain's annual inflation rate dropped to 2.3% in March from 3% in April, with consumer prices rising 0.1% month over month. Core prices grew by 2% annually and 0.4% monthly, while ...

Spain's Inflation Rate Drops to 2.3% in March, Marking a Significant Decrease from Previous Month

Spain's inflation rate fell to 2.3% in March from 3% in April, with consumer prices up 0.1% month over month. Core prices rose 2% annually and 0.4% monthly, while the HICP increase...

Spain's Inflation Rises to 3% in February: A Detailed Look at the Economic Shift

Spain's inflation rate increased to 3% in February, with consumer prices rising by 0.4% month-on-month. Core consumer prices and the Harmonized Index of Consumer Prices also showed...

Spain's Inflation Climbs to 3% in February: A Detailed Look at the Numbers

Spain's inflation rate increased to 3% in February, with consumer prices rising 0.4% month on month. Core prices and the Harmonized Index of Consumer Prices also saw significant in...