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Inflation

Turkish Inflation Crisis: A Struggle for Survival Amidst Soaring Living Costs

In a startling economic development, Turkey’s inflation rate has surged to a staggering 69.8% in April, marking the highest point since late 2022. This...

Pakistan rupee plunges to record low against US dollar amid economic woes

The Pakistani rupee has hit a new record low against the US dollar, as the country faces a severe economic crisis exacerbated, by rising...

Japan’s wholesale inflation slows for seventh month, easing pressure on BOJ

Japan’s wholesale inflation eased for a seventh month in July as the impact of high global commodity prices faded, according to data released by...

Turkish inflation hits record high in July amid currency crisis

Turkey’s annual inflation rate soared to a record high of 47.83% in July, up from 38.2% in June, as the Turkish lira continued to...

Turkish inflation hits record high in July amid currency crisis

Turkey’s annual inflation rate soared to a record high of 47.83% in July, up from 38.2% in June, as the Turkish lira continued to...

India spares basmati rice from export ban amid global demand

India, the world’s largest exporter of rice, has banned all exports of non-basmati white rice, a staple food for billions of people, in an...

India spares basmati rice from export ban amid global demand

India, the world’s largest exporter of rice, has banned all exports of non-basmati white rice, a staple food for billions of people, in an...

Lebanon Faces Hyperinflation as Prices Skyrocket

Lebanon is experiencing a severe economic crisis that has pushed the country into hyperinflation, the first in the Middle East and North Africa region....

Asia Battles Soaring Inflation: India, Pakistan, Indonesia, Philippines, and Thailand Hit Hard

Some of the worst-hit countries are Pakistan, India, Philippines, Thailand and Indonesia, where inflation rates have exceeded their central banks’ targets and eroded the...

Europe flares up in massive protests over inflation and living cost amid Russia-Ukraine war

Europe is witnessing a wave of protests and strikes over rising inflation and living costs, as the continent faces a looming energy crisis and...

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