Thailand said it will aim to keep inflation below 5% this year amid a global surge in prices of food and energy. Prime Minister Prayuth Chan-ocha told a news conference that the government is able to manage inflation in Thailand, …
The Indonesian parliament has approved a government request to pump $24 billion into energy subsidies to help cancel out the surge in domestic energy prices driven by global inflation. Parliament greenlighted on Thursday additional energy subsidies worth 74.9 trillion rupiah …
Oman on Thursday said it has a plan to import wheat from Australia and Argentina as the country is looking for alternatives to India’s wheat source. The CEO of the Omani Flour Mills Company, Haitham Al Fana Al Araimi said …
Consumer prices in Britain last month soared to its highest annual rate since 1982 as food and energy prices surged to record highs, worsening the country’s cost-of-living crisis. Inflation hit 9% in April year-on-year, well above 7% in the month …
The European Union on Monday announced a revamped humanitarian aid package worth $25 million to meet basic needs of vulnerable Palestinians in the West Bank, East Jerusalem and Gaza. “Over 2 million Palestinian women, children and men in the Occupied …
One protester was killed after dozens of people took to the streets to give vent to their anger over food price increases in the two cities in southwestern Khuzestan province of Iran. Iranian lawmaker Ahmad Avaei said a resident of …
Samsung is reportedly in talks with clients on plans to hike prices for chip manufacturing by up to 20% this year. Contract-based chip prices are expected to rise around 15% to 20% in the second half of the year, Bloomberg …
While inflation remains excruciatingly high, the rate of price increases in the US slowed in April, with prices rising 8.3 percent year over year and 0.3 percent month over month, the weakest increase since last summer. The most significant contributors, …
Inflation in Turkey soared to nearly 70% in April, posing a huge challenge to the people who already complain about skyrocketing prices of daily basic necessities. The Turkish Statistical Institute said on Thursday that the consumer price index rose by …
Consumer prices in Pakistan rose to a two-year high of 13.37 percent in April amid a global surge in food and energy costs. The figure followed a 12.7 percent annual rise in March, marking the highest increase since January 2020 …
