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India’s engineering goods exports to the US declined 7% in December, and shipments to China continued a downward trend

India’s retail inflation rate will ease to within the central bank’s tolerance band of 2-6% by March, even if prices continue to rise for the rest of the year as per the trend of past five years, thanks to the statistical effect of a favourable base, Mint calculations show.

That sort of thinking is why the bank of england is probably a bit behind where it needs to be in terms of managing price rises. we are expecting prices to fall back after the spring for several months. part of that is the base effect, you are comparing the high level of prices to an already high level of prices. so, some of it isjust to an already high level of prices. so, some of it is just sort of the sort of mathematical explanation. but i think we're going to continue to see higher prices for some time now. we're not actually expecting the rate of inflation to get back to its 2% target un...

National income growth fails to improve Koreans' wellbeing

National income growth fails to improve Koreans' wellbeing