China’s consumer prices return to positive territory
The country's consumer price index, a main gauge of inflation, rose by 0.7 percent year-on-year in February after a 0.8 percent decline in January, the National Bureau of…
Prices of Ramadan essentials surge
Despite the government's repeated assurances of stability in kitchen markets during Ramadan, the prices of some commodities, mainly consumed during iftar, have seen a substantial…
Koreans lose appetite for fruits amid soaring prices
According to the Ministry of Agriculture, Food and Rural Affairs, South Korea's per capita fruit consumption declined by 19 per cent to 55 kilograms in 2022 after peaking at 67.9…
Bangladesh reduces fuel price
The fuel oil price has been reduced following the automated price formula, which the government introduced on February 29 as per one of the conditions for the $4.7 billion loan…
Inflation in Bangladesh falls
The dip in numbers is thanks to a fall in the prices of both food and non-food items, but consumer prices have stayed above the government's target for the current financial year,…
South Korea on guard against inflation
In past months, Korea’s inflation rate appeared to be easing out, nearing the target goal of 2 percent, but February’s data suggests that inflation has reaccelerated due to…
Indians keen on buying bigger houses even amid inflation: Survey
As per the survey, 40 per cent respondents believed that inflation had a “moderate” impact on their disposable income while only 5 per cent said it was ‘insignificant’.
Rice prices begin to fall as Indonesian authorities probes cartel practice among traders
Prices of rice, a staple food for most of the country’s 270 million people, have soared more than 16 per cent since last year, when the El Niño weather phenomenon led to…
Inflation isn’t main concern of people: Bangladesh finance minister
Facing repeated questions from reporters, he said people are more interested in how one crore people are getting essentials through family cards.
‘Shrinkflation’ takes edge off rising prices, Indonesian manufacturers say
While both shrinkflation and price hikes were ways to pass increased raw material and labor costs on to consumers, the priority is to strike a balance between quality and price.