Ottawa/IBNS: A federal budget tabled by Canada's Finance Minister Chrystia Freeland on Tuesday addressed inflation, GST rebate for low-income Canadians, and multi-billion-dollar tax credits to stimulate the clean energy sector.
Pakistan: Short-term inflation spikes touches record 46.65pc
Islamabad: Pakistan's short-term inflation, which is measured by the Sensitive Price Index hit an all-time high of 46.65 per cent year-on-year (YoY) for the week ending on March 22, as per data released by the Pakistan Bureau of Statistics (PBS) on Friday.
Inflation rate spikes to 10.4 percent in UK
London: Driven by a shortage of salad and vegetables, cost of living has unexpectedly jumped up in the UK, media reports said.
Inflation spikes in Pakistan, experts feel families will need to make choices, sacrifices
Islamabad: Consumers are facing tough times in Pakistan, a nation battered by the economic crisis, as inflation spiked to touch a record figure last month, media reports said.
Tehreek-e-Labaik Pakistan says its protest against inflation to continue
Lahore: The Tehreek-e-Labaik Pakistan has announced it will demonstrate outside the district press clubs across the country from Friday against the rising problem of inflation.
IMF lays 'tough conditions' to release $1.1 billion to cash-strapped Pakistan
Islamabad: The International Monetary Fund (IMF) has laid a string of “tough conditions” to bail Pakistan out of its spiralling financial crisis, Prime Minister Shehbaz Sharif said, media reported.
Pakistan's inflation touches record high figure of 27.6 pct
Islamabad: Pakistan's annual inflation, measured by the Consumer Price Index (CPI), spiked to a decades-high level of 27.55 per cent in January, compared to 24.5pc in the previous month, media reports said on Wednesday.
UK inflation eased slightly to 10.5 pc in Dec: ONS
London/UNI: The United Kingdom's (UK) inflation slowed for a second month in December 2022, but the cost-of-living crisis continued as food inflation remained record high, official figures showed on Wednesday.
Pakistan: 49% people frustrated with inflation, survey shows
Islamabad: A survey has found that most Pakistani citizens are currently frustrated with the growing inflation trouble in the country.
Rising inflation, falling wages threaten increased poverty and unrest: ILO
New York: Rising inflation has caused a striking decline in real monthly wages in many countries, the International Labour Organization (ILO) said in a report published on Wednesday, highlighting the urgent need for policies to prevent further poverty, inequality and social unrest.
UK: Inflation rate touches record high in October
London: The UK's inflation rate touched a record 11.1 percent in October, as per data released by Office for National Statistics.
Global jobs market set to deteriorate amid Ukraine war shocks: ILO
New York: The outlook for global labour markets has worsened in recent months and if current trends continue, vacancies will grow more scarce while global jobs growth will deteriorate significantly during the rest of the year, according to a new report by the International Labour Organization (ILO).
Sri Lanka food inflation peaks to 86pc
Colombo: The nationwide food inflation in Sri Lanka has peaked to 85.8 per cent in September, up from 84.6 per cent in August, it was reported on Wednesday.
Inflation: Price of onions, tomatoes, 18 other items spike in Pakistan
Islamabad: Consumers in Pakistan are once again facing trouble as after a gap of three weeks the weekly inflation, based on the sensitive price index (SPI) rate rose owing to an increase in the price of essential vegetables.
Human rights: Inflation threatens everyone’s right to development
Rising global inflation is expected to hit emerging and developing economies particularly hard this year, adding to a “confluence of crises” that threatens us all, the UN’s acting human rights chief has warned.