Chinese inflation rate highest rate since 2012

Business Nov 9, 2019

Chinese inflation rate highest rate since 2012

China's consumer prices grew at their fastest rate in almost eight years in October driven by a spike in pork prices caused by an outbreak of African swine fever, according to official figures released Saturday. The consumer price index (CPI) — a key gauge of ...

Japanese firms forecast 0.9% inflation over next year

Business / Economy Oct 2, 2019

Japanese firms forecast 0.9% inflation over next year

Companies on average expect domestic consumer prices to rise 0.9 percent in a year's time, a quarterly Bank of Japan survey for September showed Wednesday. The expected rate was unchanged from the previous poll in June, the BOJ said. The average projected inflation rate was 1.0 ...

U.S. consumer demand slows sharply amid trade war

Business Sep 28, 2019

U.S. consumer demand slows sharply amid trade war

U.S. consumer spending slowed sharply in August, according to government data released Friday, suggesting turmoil from President Donald Trump's trade wars is hitting home for the general public. And in another sign trade tribulations are weighing on American industry, demand for big-ticket manufactured goods also ...