By Isiaq Ajibola In the last few months, there have been talks about rebasing the two important economic indicators, the ...

Anthony Albanese has declared he’s been “underestimated” for his entire political career, insisting he can win the next election as he refused to rule out further income tax cuts.

Mainstream economists define “inflation” as general increases in consumer and producer prices. Yet, such a definition misses ...

But here is another reason to be super annoyed with inflation: While workers’ wages lag behind rising costs, the government benefits from inflation through increased tax revenues, both from higher ...

Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...

Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

While many issues turned Canadians away from their prime minister, the high cost of groceries and homes has become a chief ...

SINGAPORE: Singapore's core inflation fell to 1.8 per cent year-on-year in December from 1.9 per cent in November. The drop was due to a moderation in services inflation, the Monetary Authority ...

OTTAWA - Canada’s annual inflation rate was 1.8 per cent in December, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated ...

Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend ...

Thu Jan 23, 2025 02:53 PM Last update on: Thu Jan 23, 2025 03:03 PM Bangladesh is currently grappling with high inflation ... can affect several areas of life," Dr Hamid further explains.