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Canada's December inflation dashes hopes of early rate cut

OTTAWA (Reuters) -Canada's annual inflation rate rose as expected in December, data showed on Tuesday, and underlying prices pressures remained, dashing hopes that the central bank would shift into rate-cut mode early this year. Annual inflation rose to 3.4% in December from 3.1% in November, Statistics Canada said, matching estimates by economists polled by Reuters. Two of the Bank of Canada's (BoC's) core measures of underlying inflation, CPI-trim and CPI-median, accelerated, ...
Emelia Sithole Matarise Dale Smith Promit Mukherjee Ismail Shakil Steve Scherer Statistics Canada
Source: yahoo.com

Canada Inflation Slows to 3.8%, Backing Rate Pause

(Bloomberg) -- Canada’s rate of inflation unexpectedly slowed, with core measures showing some improvement, leaving room for the central bank to keep interest rates unchanged next week.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitPutin Arrives in China to Meet Xi on Rare International TripYour Guide to Understanding the Roots of the Israel-Hamas WarBiden Plans High-Stakes Israel Visit to Keep War From EscalatingStocks Fall, Yields Rise as Data Fuel...
United States Erik Hertzberg Bloomberg Businessweek University Of Michigan Federal Reserve Statistics Canada
Source: yahoo.com

Analysis-Is Canadian core inflation about to crack? July data could offer hope

The Bank of Canada's most favored measures of core inflation are likely to slow in July for the first time in 10 months as base effects work in their favor, a milestone that could sway the bank to leave rates on hold at its next policy decision. In tracking core inflation, the BoC has been particularly focused on the annualized three-month rates of the weighted median and the trimmed mean, which filter out components with extreme price movements and are more timely than the year-over-year ...
Jonathan Oatis Denny Thomas Royce Mendes Benjamin Reitzes Fergal Smith Bank Of Canada
Source: yahoo.com

Indonesia extends mobility restrictions outside Java, Bali till Jan 17 as health ministry reports 265 new Covid-19 cases on Monday (Jan 3)

The Indonesian government has decided to extend the policy on public mobility restrictions, locally known as PPKM, outside the islands of Java and Bali from Jan. 4 to 17, 2022 although Covid-19 cases continue to decline, a senior minister said on Monday.
Jawa Timur Jakarta Raya Economic Affairs Airlangga Hartarto Health Ministry Coordinating Minister Covid 19

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Indonesia expands entry ban on foreigners over Omicron variant as Covid-19 cases goes lower in country

The Indonesian government has expanded the entry ban on foreigners with travel histories in 10 countries and China's Hong Kong in the last 14 days, in order to prevent spread of the more contagious Omicron variant of the Covid-19 virus, the Directorate General of Immigration has announced.
Sumatera Utara Hong Kong South Africa Jakarta Raya Investment Affairs Luhut Binsar Pandjaitan Health Ministry

Philippines' Covid-19 cases hit record high again as Duterte extends coronavirus curbs

Philippines President Rodrigo Duterte has lengthened coronavirus restrictions in the capital region and some provinces, his spokesperson said on Saturday, as the South-East Asian nation logged a new record in daily Covid-19 infections.
Rodrigo Duterte Harry Roque Carlos Dominguez Health Undersecretary Maria Rosario Vergeire Philippines President Rodrigo Duterte South East Asian

Philippines logs 6,686 new Covid-19 cases, total tops 1.3 million; cases also increasing in southern country

A cyclist carries his friend wearing a protective face mask, amid the coronavirus disease (Covid-19) pandemic, in Manila, Philippines, on Friday (June 11, 2021). - Reuters MANILA, June 11 (Xinhua): The Philippines Department of Health (DOH) reported on Friday 6,686 new Covid-19 infections, bringing the total number of confirmed cases in the South-East Asian country to 1,300,349. The death toll climbed to 22,507 after 196 more patients died from the viral disease, the DOH said. T...
Metro Manila Philippines General Harry Roque Health Undersecretary Maria Rosario Vergeire Philippine Department Of Health Philippine Department

Laos: Covid-19 taskforce advises caution, announces 65 new cases as China's Yunnan donates anti-epidemic supplies

The National Taskforce for Covid-19 Prevention and Control has advised people to continue to observe measures put in place by the Ministry of Health to stop the spread of the Coronavirus, such as wearing face masks, using hand gels and practising social distancing.
United Kingdom Luang Prabang Wu Chunhua Lasmy Vongkhamsao National Taskforce For Covid Department Of Communicable Disease

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