The Reserve Bank of New Zealand raised its official cash rate (OCR) by 50bps to a level not seen since April 2015 of 3.5% during its October meeting, the fifth half-point rate hike, in line with market consensus. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. It was also 1.8 percent above its pre-coronavirus (COVID-19) pandemic levels. This page It was the highest reading since November 2018, bringing inflation above the upper limit of the central banks 5-9% target range for the seventh straight month amid surging global commodity prices and devaluation of the currency. Still, policymakers noted there were signs that some areas of the economy were cooling down, while prospects for lower-than-expected freight and Still, policymakers noted there were signs that some areas of the economy were cooling down, while prospects for lower-than-expected freight and The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a Now, all eyes This The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. Minimum Wages in Philippines averaged 330.08 PHP/day from 1989 until 2022, reaching an all time high of 570 PHP/day in 2022 and a record low of 89 PHP/day in 1989. Inflation Rate in the United States averaged 3.28 percent from 1914 until 2022, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. GDP in Romania averaged 114.63 USD Billion from 1987 until 2021, reaching an all time high of 284.09 USD Billion in 2021 and a record low of 25.12 USD Billion in 1992. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. The Gross Domestic Product (GDP) in Poland contracted 2.10 percent in the second quarter of 2022 over the previous quarter. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. The Reserve Bank of New Zealand raised its official cash rate (OCR) by 50bps to a level not seen since April 2015 of 3.5% during its October meeting, the fifth half-point rate hike, in line with market consensus. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). The Gross Domestic Product (GDP) in the United States expanded 1.80 percent in the third quarter of 2022 over the same quarter of the previous year. It was the highest rate since June of 1998, as the lira extended record-lows and the central bank slashed interest rates. The latest 0.3 percent increase in productivity Prices accelerated sharply on an annual basis in September for: food The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. The Borsa Istanbul 100 index extended its record-high for the fourth consecutive session to 4,396 on Tuesday, as investors continue to use equities as a hedge against surging consumer prices and a plunging lira. Still, it is the 2nd highest current account deficit on record as imports of petroleum and products remained strong. The US current account deficit narrowed to $251.1 billion in Q2 2022, or equivalent to 4% of the GDP, following a record gap of $282.5 billion in Q1 and below forecasts of a $260.6 billion gap. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs Inflation Rate in Albania is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Prices accelerated sharply on an annual basis in September for: food In the long-term, the Albanias Inflation Hits Over 20-Year High is projected to trend around 3.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models. Romania's annual inflation rate jumped to 15.9 percent in September of 2022, the since October 2003, from 15.3 percent in August, and well above market expectations of a 15.2 percent. According to the bank's weekly survey of the country's leading financial institutions, financial analysts also lowered their 2023 inflation forecast from 5 percent to 4.97 percent. Minimum Wages in Philippines averaged 330.08 PHP/day from 1989 until 2022, reaching an all time high of 570 PHP/day in 2022 and a record low of 89 PHP/day in 1989. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. Interest Rate Forecast 2022/2023 - was last updated on Tuesday, November 8, 2022. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. According to the bank's weekly survey of the country's leading financial institutions, financial analysts also lowered their 2023 inflation forecast from 5 percent to 4.97 percent. On Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the month. Inflation Rate in Albania is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. GDP in Romania averaged 114.63 USD Billion from 1987 until 2021, reaching an all time high of 284.09 USD Billion in 2021 and a record low of 25.12 USD Billion in 1992. This page Minimum Wages in Philippines increased to 570 PHP/day in 2022 from 537 PHP/day in 2021. This page provides - Poland GDP Growth Rate - Minimum Wages in Philippines averaged 330.08 PHP/day from 1989 until 2022, reaching an all time high of 570 PHP/day in 2022 and a record low of 89 PHP/day in 1989. Prices rose for food (19.12 percent vs 18.22 percent in August) and non-food products (16.61 percent vs 15.98 percent). The Norges Bank hiked its key policy rate by 25 bps to 2.5 percent during its November meeting, while markets had forecast a wider 50 bps increase, in an attempt to curb inflation amid solid economic activity and a tight labor market. The GDP value of Romania represents 0.21 percent of the world economy. Norway's annual inflation rate unexpectedly jumped 6.9% in September 2022, accelerating at its fastest pace since 1988, driven mainly by higher costs of food, transport and other household-related expenses. The Gross Domestic Product (GDP) in Romania was worth 284.09 billion US dollars in 2021, according to official data from the World Bank. TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. Consumer prices continued to slow for transportation (8.7% vs 10.3% in August), largely due to a sustained slowdown for gasoline prices (13.2% vs 22.1%) amid an increase in the global supply of crude oil during the month. Inflation Rate in Japan averaged 2.84 percent from 1958 until 2022, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009. The latest 0.3 percent increase in productivity It was the highest rate since June of 1998, as the lira extended record-lows and the central bank slashed interest rates. The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. The Nikkei 225 Index jumped 1.21% to close at 27,528 while the broader Topix Index gained 0.98% to 1,934 on Monday, recouping some losses from the previous session, as robust quarterly earnings reports and upbeat corporate outlooks lifted sentiment. The central bank said that core consumer price inflation was too high, with minutes of the meeting showing the committee even debated whether to hike by 75 bps but decided on a The dollar index weakened toward the 110 mark, moving away from its daily highs of 111.3, with investors seeking new signals for future rate hikes. On the other hand, inflation slowed for services (8 percent vs 8.26 percent). China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -8.40 percent in the second quarter of 2020. Statistic agency's data showed Chinese food inflation climbed to its highest in 25 months (8.8% vs 6.1% in August), with pork prices accelerating further despite efforts from GDP in Romania averaged 114.63 USD Billion from 1987 until 2021, reaching an all time high of 284.09 USD Billion in 2021 and a record low of 25.12 USD Billion in 1992. In the long-term, the Albanias Inflation Hits Over 20-Year High is projected to trend around 3.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models. GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. The US current account deficit narrowed to $251.1 billion in Q2 2022, or equivalent to 4% of the GDP, following a record gap of $282.5 billion in Q1 and below forecasts of a $260.6 billion gap. This was the highest rate since April 2020, mainly due to a sharp jump in cost of food. The Gross Domestic Product (GDP) in Romania was worth 284.09 billion US dollars in 2021, according to official data from the World Bank. Inflation Rate in the United States averaged 3.28 percent from 1914 until 2022, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. The move marked the seventh straight rate hike, taking borrowing costs to a level not seen since April 2013, with the board mentioning further rate hikes will be needed as inflation in Australia is too high. The US current account deficit narrowed to $251.1 billion in Q2 2022, or equivalent to 4% of the GDP, following a record gap of $282.5 billion in Q1 and below forecasts of a $260.6 billion gap. The Nikkei 225 Index jumped 1.21% to close at 27,528 while the broader Topix Index gained 0.98% to 1,934 on Monday, recouping some losses from the previous session, as robust quarterly earnings reports and upbeat corporate outlooks lifted sentiment. The bank's inflation target is 3.50 percent for 2022 and 3.25 percent for 2023, with a 1.5 percentage point margin of tolerance in both cases. GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -8.40 percent in the second quarter of 2020. The GDP value of Romania represents 0.21 percent of the world economy. GDP Annual Growth Rate in the United States averaged 3.14 percent from 1948 until 2022, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -8.40 percent in the second quarter of 2020. TRADING ECONOMICS | 20 million INDICATORS FROM 196 COUNTRIES The inflation rate in New Zealand decreased to 7.20 percent YoY in the third quarter of 2022 from 7.30 percent in the second quarter of 2022, as housing and household utilities showed significant increases with rising prices for construction (+17%), rentals for housing (4.6%), and local authority rates (7.3%). Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The BIST 100 has soared over 220% since the start of the 850bps rate-cut cycle from the central bank in September 2021. The Fed aims to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%, which remains elevated around 40-year highs. The Fed aims to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%, which remains elevated around 40-year highs. The figure also followed a 6.5% gain in August and defied expectations for a further slowdown to 6.2%. Main upward pressures came from prices of food & non-alcoholic beverages (99.1 percent vs TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. Inflation Rate in South Korea averaged 6.95 percent from 1966 until 2022, reaching an all time high of 32.50 percent in October of 1980 and a record low of -0.40 percent in September of 2019. In the long-term, the Albanias Inflation Hits Over 20-Year High is projected to trend around 3.50 percent in 2023 and 2.10 percent in 2024, according to our econometric models. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. Inflation Rate in Euro Area averaged 2.10 percent from 1991 until 2022, reaching an all time high of 10.70 percent in October of 2022 and a record low of -0.60 percent in July of 2009. The Gross Domestic Product (GDP) in the United States expanded 1.80 percent in the third quarter of 2022 over the same quarter of the previous year. The annual urban inflation rate in Egypt accelerated to 15.0% in September of 2022 from 14.6% in the previous month and above market expectations of 14.7%. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. China's annual inflation rose to 2.8% yoy in September 2022 from 2.5% in the prior month, matching market consensus. The economy is forecast to shrink in the last three months of this year and keep shrinking until the end of 2023. Norway's annual inflation rate unexpectedly jumped 6.9% in September 2022, accelerating at its fastest pace since 1988, driven mainly by higher costs of food, transport and other household-related expenses. The Reserve Bank of Australia raised the cash rate by 25bps to 2.85% during its November 2022 meeting, matching market forecasts. The Gross Domestic Product (GDP) in the United States expanded 1.80 percent in the third quarter of 2022 over the same quarter of the previous year. This GDP Growth Rate in Poland averaged 0.99 percent from 1995 until 2022, reaching an all time high of 7.30 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. Minimum Wages in Philippines increased to 570 PHP/day in 2022 from 537 PHP/day in 2021. It was also 1.8 percent above its pre-coronavirus (COVID-19) pandemic levels. The Reserve Bank of Australia raised the cash rate by 25bps to 2.85% during its November 2022 meeting, matching market forecasts. This page provides - Philippines Minimum Wages- actual values, historical data, forecast, chart, statistics, economic This page provides - Poland GDP Growth Rate - The figure also followed a 6.5% gain in August and defied expectations for a further slowdown to 6.2%. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The bank's inflation target is 3.50 percent for 2022 and 3.25 percent for 2023, with a 1.5 percentage point margin of tolerance in both cases. According to the bank's weekly survey of the country's leading financial institutions, financial analysts also lowered their 2023 inflation forecast from 5 percent to 4.97 percent. The move marked the seventh straight rate hike, taking borrowing costs to a level not seen since April 2013, with the board mentioning further rate hikes will be needed as inflation in Australia is too high. Labor productivity in the United Kingdom, as measured by output per hour worked, rose by 0.3 percent on quarter in the three months to June 2022, compared with a preliminary estimate of a flat reading and following a 0.6 percent decline in the previous period. Interest Rate in the United States averaged 5.42 percent from 1971 until 2022, reaching an all time high of 20.00 percent in March of 1980 and a record low of 0.25 percent in December of 2008. The committee added that it now saw It was the highest rate since June of 1998, as the lira extended record-lows and the central bank slashed interest rates. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts.
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