Economic growth in Russia is set to gather pace in 2020 along with consumer inflation as the central bank completes its cycle of interest rate cuts in the first quarter of the year, a monthly Reuters poll showed on Tuesday.
Thailand’s new inflation target range of one to three percent for next year, narrowed from this year’s one to four percent, does not signal a change in monetary policy implementation, a deputy central bank governor said on Tuesday.
The Statistical Center of Iran (SCI) announced that the country’s annual inflation rate during November 22-December 21, 2019, stood at 40 percent, indicating a 1.1-percent point (PP) decline compared to the 30-day period to November 21.
Egypt cut its main interest rates by a full percentage point as the lowest inflation in almost a decade allowed the central bank’s third consecutive reduction to spur investment without dimming the allure of the world’s best carry trade.
Britain’s inflation rate unexpectedly overshot the Bank of England’s two percent target on Wednesday, raising the cost of living even before sterling’s slide has had much chance to feed into consumer prices.
The Statistical Center of Iran (SCI) reported a lowered month-on-month inflation rate as the national currency rial keeps recovering against the US dollar despite Tehran’s political and military tensions with the West.