Pakistan bears largest share of rising MENAAP poverty
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the...
Tag : Inflation
South Korean inflation reaches 2.9 percent annual growth
Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published...
Developing Asia-Pacific economy set to grow 5% in 2026
Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the...
Pakistan inflation, Lahore price gaps expose wider strain
Consumers in Lahore are paying sharply above government-notified prices for essential foods as Pakistan faces renewed inflation pressure. Official rate reductions have failed to produce...
Denmark July CPI rises 1.3% as annual inflation slows
Denmark’s annual inflation rate slowed to 1.7% in July from 1.9% in June, official figures showed. Statistics Denmark said consumer prices rose 1.3% from the...
Gold extends three-day rally before US inflation reports
Gold climbed for a third straight session on Tuesday, extending a sharp rebound from last week. Spot gold rose 1% to $4,432.74 an ounce by...
OECD inflation falls to 4.2% and energy price pressures cool
Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation....
UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Bank of Korea keeps rate at 2.5% for seventh hold
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy...
Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...