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Tag Archives: inflation

China’s consumer inflation slightly on the rise in March

Wednesday, 12 April 2017 BEIJING – This was up from February’s 0.8%, which was the lowest since January 2015, but was below forecasts of up to 1%. Producer prices rose slower than in February, with the Producer Price Index (PPI) up 7.6% compared to the year before, down from February’s 7.8%. Producer inflation was up to the fastest pace in almost 10 years …

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Venezuela inflation hits 800% in 2016, GDP contracts nearly 19%

Saturday, 21 January 2017 CARACAS:  Venezuelan consumer prices rose 800% in 2016 while the economy shrank 18.6%, according to preliminary central bank figures, the sharpest economic contraction in 13 years and the worst inflation reading on record. An extended slump in oil prices has turned the OPEC nation’s once-prosperous economy …

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