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The recent unexpectedly fast drop in inflation is good news for President Joe Biden as the White House works to highlight “Bidenomics” and improve his poor economic approval ratings ahead of the 2024 campaign.
India's industrial production in May rose 5.2 per cent against 19.7 per cent a year ago, the government data showed.
Inflation remains high, but there could be signs of cooling, according to the just-released June Inflation Report. Inflation rose at the slowest rate in two…
A Mint poll of economists had predicted retail inflation measured by the Consumer Price Index (CPI) at 4.6%, against 7.01% a year earlier
July 12, 2023 Inflation data released on Wednesday showed a pronounced cooling and offered some of the most hopeful news since the Federal Reserve began trying to tame rapid price increases 16 months ago. The Consumer Price Index climbed 3 percent in the year through June, less than the 4 percent increase in the year…