Indonesia likely to delay start of VAT hike amid growing worries over living costs
The planned tax hike will jack up prices of goods and services across the board, hurt consumption and hit the middle class the hardest, economists say.
The planned tax hike will jack up prices of goods and services across the board, hurt consumption and hit the middle class the hardest, economists say.
Core inflation, which strips out private transport and accommodation costs to better reflect the expenses of households here, fell to 2.1 per cent year on year, from 2.8 per cent…
While the Prime Minister acknowledged Singaporeans’ worries about the cost of living, he noted that it is not an issue unique to Singapore, as countries everywhere are facing…
Officials have said that Malaysian farmers had ramped up their production to ensure steady supply during this period.
Inflation has been a constant issue in Bangladesh, with little history of zero inflation in past years.
The price of gold in Bangladesh has been rising steadily for more than a year, influenced by hikes in the international market and volatility in domestic supply.
The Thai Commerce Ministry has announced an increase in Thai rice prices for 2024, with both export prices and paddy prices on the rise.
Many of these essential items have remained at their 2023 prices, while others have even decreased.
The spike in retail inflation in India hit a 14-month high of 6.21 percent in October.
The spike in onion prices is having a significant impact on households and impacting consumer habits, as in the North Indian cuisine, onion is a key ingredient used in cooking as…