Latest news with #pricepressures
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Tokyo Consumer Prices Signal Rise in Japan-Wide Inflation
TOKYO—Consumer inflation in the Tokyo metropolitan area picked up in May, signaling persistent price pressures nationwide. Excluding fresh food, consumer prices in Tokyo rose 3.6% in May from a year earlier as food prices continued to rise, official data showed Friday. That compared with April's 3.4% increase and the 3.5% growth expected in a poll of economists by data provider Quick.
Daily Mail
4 days ago
- Business
- Daily Mail
BREAKING NEWS Major blow for Aussies with a mortgage - and why you should not expect another rate cut anytime soon
Aussie borrowers could miss out on a July rate cut with inflation failing to moderate. While inflation is within the Reserve Bank's two to three per cent target, new monthly figures for April showed underlying price pressures getting worse. This could stop the RBA from providing relief at its July 8 meeting, as it instead waits for more comprehensive quarterly data at the end of the month. The Reserve Bank's preferred trimmed mean measure of inflation showed prices rising by 2.8 per cent over the year, up from an annual pace of 2.7 per cent in March. Education costs went up by 5.7 per cent while fruit and vegetable prices went up by 6.1 per cent. Headline inflation was steady at 2.4 per cent when cheaper petrol and electricity with government rebates was factored in.
Bloomberg
22-05-2025
- Business
- Bloomberg
US Business Activity, Sentiment Improve as Tariff Anxiety Eases
US business activity and output expectations improved this month as trade-related anxiety eased even as price pressures continued to mount due to tariffs. The S&P Global flash May composite index of output rose 1.5 points to 52.1 after sliding a month earlier to the lowest since 2023, according to data released Thursday. Figures above 50 indicate growth, and the acceleration reflected expansion at both manufacturers and services providers.
