Tag : consumer prices

Business

South Korea inflation hits 2.2% in March on oil surge

manamalive.com
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer...
Egg prices soar above $9 per dozen as avian flu disrupts supply
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Egg prices soar above $9 per dozen as avian flu disrupts supply

manamalive.com
Egg prices have surged to over $9 per dozen due to avian flu outbreaks, culling millions of hens and creating supply shortages that experts warn may persist into late 2025....
China’s inflation slips further in December, raising deflation concerns
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China’s inflation slips further in December, raising deflation concerns

manamalive.com
China’s inflation fell to 0.1% in December, highlighting weak demand. Producer prices dropped for the 27th month, raising concerns over deflation despite Beijing’s attempts to revive consumption....
Korea’s economy strengthens on robust exports and stable inflation
Business

Korea’s economy strengthens on robust exports and stable inflation

manamalive.com
Korea’s economy is showing signs of recovery, driven by strong exports and stabilizing inflation, with manufacturing and domestic demand improving over the past five months....
China grapples with deflation as global concerns mount
Business

China grapples with deflation as global concerns mount

manamalive.com
China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official data reveals a 0.3% decline in the consumer price index for July. This downturn trails...