Inflation and growth on target, but deficit a problem for Turkey's economy
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Turkey has its endemic inflation under control and its growth rate is impressive, but experts say it must deal with a huge public deficit and knock its labyrinthine bureaucracy into shape if it gets the go-ahead Friday to start membership talks with the European Union.
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House price inflation appears to have reached a plateau, according to government statistics.
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The country faces some tough conditions on the economy and human rights before membership is granted. ANKARA -- Turkish Prime Minister Recep Tayyip Erdogan returned home from a European Union summit yesterday
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Consumer prices calmed down in November, helped by smaller increases in energy and food. That means the Federal Reserve probably will continue raising interest rates only gradually to keep inflation under control.
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WASHINGTON - Consumer prices barely budged last month, suggesting that inflation isn&#39;t currently a problem for the economy and Federal Reserve policymakers can stick with a gradual approach to raising interest rates.
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China&#39;s domestic demand remains strong but underlying inflationary pressures are limited. This reduces the possibility of further drastic macroeconomic measures to cool down the
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Experts say higher inflation and interest rates are also on the horizon unless the currency begins to stabilize soon. BY MICHAEL E. KANELL.
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The deficit jumped by 9.3 percent, to $63.1 billion,  the government said, reflecting record oil imports. The deficit with China declined while the weak dollar lifted exports to a record high.
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[Business India]: Mumbai, Oct 26 : India&#39;s growth forecast for the current fiscal was Tuesday lowered to 6-6.5 percent by the Reserve Bank of India (RBI), which also unveiled measures to arrest the inflation rate.
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The U.S. economy appears to be  getting on a sustainable growth path with GDP expected to grow  2.8 percent in 2007, and the risks of inflation are slightly  higher than those of an economic slowdown, according to a  survey of economists released on Monday.
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WASHINGTON -- Consumer inflation slowed sharply last month as energy prices moderated, brightening prospects for future economic growth.
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October 17, 2004 -- &quot;The impact of the current surge in oil prices, though noticeable, is likely to prove less consequential to economic growth and inflation than in the 1970s.
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Top forecasters cut their outlooks  for U.S. growth this year and next but said inflation seems to  be leveling off and consumer spending should strengthen in the  months ahead, a survey out on Friday showed.
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ECONOMIC growth will improve and the trade deficit will narrow but interest rates will have to rise, a new international report on the Australian economy has found.
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The Federal Reserve is not satisfied with the current rate of inflation. And it is apparently not satisfied with the publicâs expectations about inflation either.
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China's economic growth is expected to slow slightly next year to a still robust 10.9 percent, with inflation at 4.5 percent, the central bank's research bureau said in a forecast reported Friday by a government newspaper.
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The Federal Reserve is expected to nod to signs of easing inflation when policy-makers meet next week, but with signs U.S. economic growth is reviving, inflation looks set to remain its main concern.