Inflation dips to 2.7 percent in January
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Twelve-month inflation pulled back to 2.7 percent in January after striking a record high point of 3.0 percent in December, official data has shown.
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Inflation accelerated in January as the rising cost of energy, food and transportation led price increases across a broad array of goods and services, complicating the efforts of federal policymakers trying to battle a slowing economy.
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UK inflation rose to 2.2% in January, up from 2.1% in December, as transport costs rose, official figures show.
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Slipping energy prices helped push headline eurozone inflation down to 2.4% in August, official data shows.
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Chinese inflation jumped to 2.7% in February, driven by higher food costs, official state figures show.
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LONDON : British inflation picked up to an annual rate of 1.2 percent in October from a six-month low of 1.1 percent recorded in September as petrol prices at the pump rose, official figures showed.
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House price inflation appears to have reached a plateau, according to government statistics.
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The Consumer Price Index posted a higher-than-expected gain of 0.4 percent in January, and construction of new homes and apartments rose by 0.8 percent in the month, the government reported.
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holding off inflation worries for another month - though economists warned higher prices may be on the way. Prices paid by businesses fell
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Zimbabwe's inflation rate, already the highest in the world, has soared again by more than 300 points to 1,593 percent in January, according to figures from the central statistics office.
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Consumer Prices Index inflation, the Governmentâs target measure, fell to 1.3 per cent in August, down from 1.4 per cent in July.
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China's consumer inflation slowed in January, according to official figures show.
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Inflation slowed to its weakest pace for seven months in May, as lower domestic energy prices sparked the second monthly drop in a row.
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Inflation in the fast-growing Indian economy drops to a two-year low at the beginning of September, official figures show.
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Inflation has fallen to its lowest level since March after figures for September showed the annual rate had dropped by 0.2 per cent to 1.1 per cent.
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UK inflation slowed to 2.4% in June, official figures show, fanning fears that interest rates will rise later this year.
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Eurozone inflation surges to a new record in January at 3.2%, putting pressure on the European Central Bank to take action to curb it.