Economy

  1. UK inflation leaps to 10-year high, bolstering rate hike bets

    UK inflation leaps to 10-year high

    Consumer prices rose by 4.2% in annual terms in October, leaping from a 3.1% increase in September. Both the BoE and a Reuters poll of economists - none of whom had predicted such a big increase - had pointed to a reading of 3.9%.

    Region:
    Europe
    Category:
    Economy
  2. U.S. consumer prices rise at fastest pace in 30 years

    U.S. consumer prices rise at fastest pace in 30 years

    The consumer price index rose 0.9% last month after gaining 0.4% in September, the Labor Department said on Wednesday. In the 12 months through October, the CPI accelerated 6.2%. That was the largest year-on-year advance since November 1990 and followed a 5.4% jump in September.

    Region:
    USA
    Category:
    Economy
  1. Taiwan's jobless rate edges down in January

    The seasonally adjusted rate was lower than those of many other countries, including Canada (9.4 percent), Hong Kong (7.0 percent), the United States (6.3 percent) and South Korea (5.4 percent), the data showed.

    Region:
    Asia
    Category:
    Economy
    Author/s:
    By Focus Taiwan
    Taiwan, Jobless rate edges down in January