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US home prices are rising twice as fast as inflation

Edit Business Insider 03 May 2016
After that, home prices came in well below the official inflation rate ... Given that the official inflation rate is coming in around one- to two-percent growth, the CPI isn't realistically accounting for the realities of true essentials — i.e., not iPads — such as housing prices, especially with rentsoutpacing home prices in many markets....

Venezuela opposition files 2 mn for recall vote

Edit The Times of India 03 May 2016
Caracas, May 3, 2016 (AFP) - ... Venezuelans fed up with food shortages, soaring inflation and now a paralyzing electricity crunch have flocked to sign a petition for a recall referendum, according to the opposition Democratic Unity Roundtable (MUD) ... "We are going to check the signatures one by one." ... The government said inflation came in at more than 180 percent in 2015. Analysts estimate the actual inflation rate is much higher ... ....

Venezuela opposition files 2 mn names for recall vote

Edit The Times of India 03 May 2016
Caracas, May 3, 2016 (AFP) - ... Venezuelans fed up with food shortages, soaring inflation and now a paralyzing electricity crunch have flocked to sign a petition for a recall referendum, according to the opposition Democratic Unity Roundtable (MUD) ... "We are going to check the signatures one by one." ... The government said inflation came in at more than 180 percent in 2015. Analysts estimate the actual inflation rate is much higher ... ....

FedWatch: Eric Rosengren, President of the Federal Reserve Bank of Boston (CEPR - Center for Economic and Policy Research)

Edit Public Technologies 02 May 2016
In his view, with the unemployment rate still elevated and the inflation rate well below the Committee's longer-run objective of 2 percent, changes in the asset purchase program should be postponed until incoming data more clearly indicate that economic growth is likely to be sustained above its potential rate ... Inflation Progress, No Fed Rate Hikes ... 2% Inflation Rate Target Is Questioned as Fed Policy Panel Prepares to Meet....

let economics help plan your summer vacation

Edit Vox 02 May 2016
the change in the exchange rate and the local inflation rate ... But the inflation rate in South Africa has been about 6.6 percent, so today's rand won't go quite as far as it would have a year ago ... We use April inflation figures for Belgium and Iceland. Argentina's inflation rate is based on consumer prices in Buenos Aires because the government isn't currently publishing a reliable national inflation rate....

Europe's Price for Deflation Protection Drops to 17-Month Low

Edit Bloomberg 02 May 2016
“We expect slowly rising inflation rates in the second part of 2016,” Frankfurt-based Lodde said ... The market is not pricing in a rapid return of inflation to the ECB’s target rate. The central bank will probably try to pull out all the verbal stops in the coming weeks to raise inflation expectations.” ... The five-year, five-year forward inflation-swap rate climbed to a seven-week high of 1.47 percent Monday....

Deflation Down Under? (UNSW - The University of New South Wales)

Edit Public Technologies 02 May 2016
Australia's 'deflation' shock makes for higher expectations of a budget day rate cut, writes Richard Holden ... Headline inflation was negative (-0.2%), bringing the annual rate down to just 1.3%. Core inflation - which strips out the most volatile components - rose by just 0.15% compared to market expectations of 0.5%, and put the annual rate at 1.55% ... Wednesday 27 Australian inflation rate March qtr year-on-year % 1.3 1.70....

Scott Morrison's delicate economic balancing act

Edit Sydney Morning Herald 02 May 2016
But Mr Morrison already knows ratings agencies are calling for strong measures to reduce the deficit ... Continued low inflation would give the bank room to cut rates if required to boost demand ... While the underlying annual inflation rate – the central bank's main indicator – remains 1.6 per cent, near the target of 2-3 per cent, a second quarterly fall in either measure would raise concerns about potential deflation....

Many worry about attaining middle-class, saving for retirement

Edit The Miami Herald 02 May 2016
"I think Americans are smart to be worried about the effect inflation will have on their retirement, but many people are estimating future inflation rates to be higher than the historical average," she said. While the 20-year average inflation rate runs about 2.2 percent, survey respondents were predicting it will run between 3 percent and 10 percent each year during their retirement....

Nearly 2 million sign on for Maduro recall: opposition

Edit The Times of India 02 May 2016
Caracas, May 2, 2016 (AFP) - ... Venezuelans fed up with food shortages, soaring inflation and now a paralyzing electricity crunch have flocked to sign a petition for a recall referendum, according to the opposition Democratic Unity Roundtable (MUD) ... "There's no doubt about it... - Racing against clock - ... The government said inflation came in at more than 180 percent last year. Analysts however estimate the inflation rate is much higher....

C O R R E C T I O N Consumer prices in April 2016: expected decline of 0.1% on April 2015 (Destatis - Federal Statistical Office of Germany)

Edit Public Technologies 02 May 2016
(Source. Destatis - Federal Statistical Office of Germany). CORRECTION 2016-04-29. The press release issued on 28 April 2016 needs to be corrected because of an error detected after publication. The corrected values and information are highlighted in bold. WIESBADEN- The inflation rate in Germany as measured by the consumer price index is expected to be -0.1% in April 2016 ... Overall index / subindex Weight January. 2016 February ... 2016....

Business Community Dispute Terkper’s Economy Resilience Avowal

Edit Modern Ghana 02 May 2016
They complained that, high interest and inflation rates, high taxation, unpredictable forex exchange rate, unstable power supply and unfavourable market competition due to flooding of the market with relative cheaper competitive imported products and unavailability of raw materials....

SMEs Targeted For Growth

Edit Modern Ghana 02 May 2016
They have continuously complained of high interest and inflation rates, high taxation, unpredictable forex exchange rate, unstable power supply and unfavorable market competition due to flooding of the market with relative cheaper competitive imported products and unavailability of raw materials ... This has resulted in more transparency and uniformity in the way base rates of banks are quoted....
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