India's annual inflation rate rises to 0.92 percentOctober 15th, 2009 NEW DELHI - India's annual rate of inflation based on wholesale prices rose marginally to 0.92 percent for the week ended Oct 3 from 0.7 percent for the like week of the previous year. The official wholesale price index, as per the latest data, declined 0.5 percent during the week ended Oct 3 due to a fall of 1.4 percent in the index for primary articles, 0.1 percent for fuels and 0.2 percent for manufactured products.
Raids on hoarders in Punjab bring sugar prices downSeptember 21st, 2009 CHANDIGARH - Wholesale prices of sugar fell sharply in Punjab after food and civil supplies officials last week raided godowns in Ludhiana and seized hoarded sugar worth Rs.35 crore, traders said. The wholesale prices of the commodity declined to around Rs.3,000 per quintal from Rs.3,200.
Airline trade group says US carriers' August revenue fell 21 percent from August 2008September 21st, 2009 Airline trade group says August revenue fell in USWASHINGTON — A U.S. airline trade group said Monday that its members' passenger revenue fell 21 percent in August over year-earlier results as carriers dropped prices by double-digit percentages and passenger volume continued to fall.
German producer prices fall 7 percent on year in August due to cheaper energy pricesSeptember 18th, 2009 German producer prices down 7 pct in AugustFRANKFURT — German producer prices fell 7 percent in August from a year earlier, hitting levels not seen since September 2007, the Federal Statistical Office said Friday. The Wiesbaden-based office said the price declines follow a near 8 percent decline in July and a 5 percent decline in June compared to the year-ago periods.
Treasury prices dip as investors move into stocks; new data shows potential for inflationSeptember 15th, 2009 Treasurys fall slightly as investors buy up stocksNEW YORK — Treasury prices dipped Tuesday as investors moved into stocks after a stronger-than-expected report on retail sales. Meanwhile, fears of inflation resurfaced after a new report showed an unexpectedly large jump in wholesale prices last month.
August wholesale prices jump by double the expected rate led by huge surge in energy costsSeptember 15th, 2009 Wholesale prices soar 1.7 percent in AugustWASHINGTON — Inflation at the wholesale level shot up at double the expected rate in August as gasoline prices soared by the largest amount in a decade. The increase wasn't seen as a signal that inflation was in danger of becoming a problem, however, given the economy's continued weakness.
Rice prices zoom 13 percent, says AssochamSeptember 4th, 2009 NEW DELHI - Wholesale prices of rice rose more than 13 percent in the past one year due to a demand-supply mismatch, says the Associated Chambers of Commerce and Industry (Assocham). The industry forum said the price of wheat similarly rose by about five percent.
Summary Box: Sharp drop in wholesale prices adds to evidence of no inflation threatAugust 19th, 2009 Summary Box: Wholesale prices signal low inflationWHAT HAPPENED?: Wholesale inflation dropped 0.9 percent in July, reflecting big declines in energy and food costs. Construction of single-family homes rose for a fifth straight month, though overall housing construction fell 1 percent because of weakness in apartment building.
Inflation continues to be negative at minus 1.74 percentAugust 13th, 2009 NEW DELHI - The annual rate of inflation on Thursday fell marginally to minus 1.74 percent for the week ending August 1 from minus 1.58 percent the week before. Food prices continued on a higher path with barley, jowar and gram gaining two percent each and condiments and spices, arhar and fruits and vegetables costlier by one percent.
Data show German consumer prices down 0.5 percent on year in JulyAugust 11th, 2009 German consumer prices down 0.5 pct in JulyBERLIN — Consumer prices in Germany dropped by 0.5 percent on the year last month, government data showed Tuesday — a slight revision from a preliminary estimate of a 0.6 percent fall. The decline was the first since March 1987, when prices were down 0.3 percent on the year.
German wholesale prices down 4.6 percent on year in June, biggest decline since 1968July 20th, 2009 Germany sees big fall in wholesale pricesFRANKFURT — German wholesale prices fell by 4.6 percent in the year to June, the biggest annual drop in four decades, government statistics showed Monday. The drop compared with a 3.6 percent year-on-year fall in May and was the largest since the producer price index declined by 5 percent in December 1968, the Federal Statistical Office said.
Treasury prices tumble as higher energy pushes wholesale inflation up more than expectedJuly 14th, 2009 Treasurys slide as wholesale inflation surgesNEW YORK — Treasury prices fell sharply Tuesday following a jump in wholesale inflation numbers in June. Inflation is a big worry for fixed-income investors because its erodes the value of their returns over time.
Japan wholesale prices fall 6.6 percent in June from year earlier, biggest fall on recordJuly 10th, 2009 Japan wholesale prices fall 6.6 percent in JuneTOKYO — Japan's central bank said Friday that wholesale prices fell 6.6 percent in June from a year earlier, the biggest fall on record and the latest sign that deflation is returning to the country. The Bank of Japan's corporate good price index, which tracks the cost of a wide range of products sold domestically, declined for the sixth straight month.
Wholesale inflation rises less than expected in May; gasoline prices jumpJune 16th, 2009 Wholesale inflation up less than expected in MayWASHINGTON — Wholesale prices rose less than expected in May as a drop in food costs helped keep overall prices down. The Labor Department said Tuesday that the Producer Price Index increased by a seasonally adjusted 0.2 percent from April.
German May inflation rate at zero percent; lowest level in 22 years Fed statistics office saysJune 10th, 2009 German May inflation hits zero, lowest in 22 yearsFRANKFURT — Inflation in Germany, Europe's biggest economy, hit zero percent in May, the lowest level in 22 years, the Federal Statistical Office said Wednesday. The Wiesbaden-based office said the consumer price index for May was unchanged from May a year ago, mainly due to a rise in energy and food prices in last year.