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" Inflation"

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Al-Ahram Weekly - Egypt
12/13/2022 10:04:32 PM
The government is tightening its control on the local retail market in a bid to contain soaring prices of basic commodities

Business - Economy
12/13/2022 9:57:50 PM
Inflation in the United States slowed again last month in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households.

World - Africa
12/13/2022 3:46:54 PM
Ghana on Tuesday agreed on a $3 billion credit deal with the International Monetary Fund (IMF) as part of the country's battle to end its worst economic crisis in decades.

World - Africa
12/12/2022 8:39:06 PM
"Everything is increasing except our wages," Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown.

Business - Economy
12/11/2022 10:36:38 AM
The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy.

Business - Economy
12/9/2022 4:19:32 PM
Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.

Business - Economy
12/9/2022 10:18:04 AM
The annual core inflation rate recorded 21.5 percent in November 2022, compared to 19 percent in October 2022, the Central Bank of Egypt (CBE) said in a statement on Thursday.

Business - Economy
12/8/2022 4:38:47 PM
Egypt’s urban consumer inflation jumped from 16.2 in October to register 18.7 percent in November - the highest figure since recording 21.9 percent in December 2017, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS).

Business - Economy
12/7/2022 10:50:17 AM
This was supposed to be the comeback year for the world economy following the Covid pandemic.

Business - Markets & Companies
12/6/2022 8:30:25 PM
Gold prices continue to rise in the Egyptian market, reaching on Tuesday the record level of EGP 1,630 per gram for 21-karat gold.

Business - Economy
12/6/2022 1:32:00 PM
The International Monetary Fund (IMF) has scheduled its meeting for Egypt’s new loan on 16 December, according to the fund’s online executive board meetings calendar.

Business - Economy
12/5/2022 10:29:02 PM
Stocks are broadly lower on Wall Street in afternoon trading Monday as investors weigh a surprisingly good economic report that highlights the Federal Reserve's difficult fight against inflation.

Business - Economy
12/5/2022 3:34:24 PM
Egypt hopes to receive in December the first tranche, worth $750 million, of the $3 billion loan from the International Monetary Fund (IMF), Minister of Finance Mohamed Maait said in statements to Alsharq Bloomberg on Sunday.

Business - Economy
12/5/2022 3:00:54 PM
Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector dropped from 47.7 in October to 45.4 in November, marking the second lowest level since June 2020 and extending the current sub-50 sequence to two years, with readings below 50.0 indicating a contraction, Standard and Poor’s (S&P) Global said on Monday.

Business - Economy
12/5/2022 1:06:03 PM
Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official figures released on Monday, although it remains close to 24-year highs.

COP27 - Climate change
12/4/2022 6:29:18 PM
EU chief Ursula von der Leyen said Sunday the bloc must act to address 'distortions' created by Washington's $430-billion plan to spur climate-friendly technologies in the United States.

Business - Economy
12/2/2022 5:17:41 PM
Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.

Business - Markets & Companies
12/1/2022 5:15:23 PM
Shares advanced in Europe and Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair's comments on easing the pace of interest rate hikes to tame inflation.

Business - Economy
12/1/2022 4:51:07 PM
A closely-watched measure of US inflation edged down in October, government data showed Thursday, with costs of goods easing while spending remained resilient.

World - International
11/30/2022 9:37:38 PM
The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said Wednesday, as the US central bank's campaign to cool prices trickles through the world's largest economy.

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