inflation

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Inflation in Oman up 0.2 percent in March on rising food prices

Prices of food and non-alcoholic beverages group saw a significant rise of 3.4 percent

UAE gold prices decline as Middle East tensions ease, global rates drop

Bullion loses safe-haven appeal amidst reduced geopolitical risks

UAE gold prices rise as global rates inch closer to all-time high on escalating geopolitical tensions

Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment

Egypt’s finance minister prioritizes inflation reduction, job creation in economic reform agenda

Egypt further plans to sell more state assets, which would reduce the state's role in the economy

Saudi Arabia’s inflation slows to 1.6 percent in March: Report

Rental prices drive Saudi Arabia's annual inflation increase in March

UAE gold rate surges amid rising Middle East tensions as global prices ease after hitting new high

Gold prices increased to an all-time high of $2,431.29 on Friday, gaining over 14 percent this year

Egypt’s budget surplus soars to $8.74 billion in first nine months of FY 2023/2024

This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023

Fixed-rate mortgages, high interest rates put economy at risk, IMF warns Bank of England

UK leaves borrowing costs unchanged at 5.25 percent despite fall in annual inflation

Egypt’s inflation rate decelerates to 33.3 percent in March

Month-on-month, prices rose by 1.0 percent in March, down from 11.4 percent in February

India’s central bank holds interest rates steady as inflation persists

Central bank emphasizes inflation targets as economy aims for stability

Bank of Japan may hike interest rates as yen hits two-week high

Japanese firms raise wages by 5.24 percent, the highest increase in 33 years

Oil prices surge above $90, reaching highest level since October

The rise in prices is fueled by geopolitical tension and supply concerns

UAE gold prices hit new peak as global rate touches record high of $2,304.09

Gold prices have reached new record highs in each session since last Thursday

Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows

Non-oil private sector saw a decline in cost inflation for the second month in a row

Eurozone inflation drops to four-month low of 2.4 percent in March 2024

The market anticipates four ECB rate cuts, first in June

UAE gold price surges as global rates hit new record high of $2,288.09

While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains

Manufacturing sector in China sees growth in March, ending 6-month contraction

PMI data shows growth in export orders, slow employment decline

Oman outlook raised to positive on strengthening fiscal position: Report

Oil production cuts to keep economic growth low at about 1.4 percent in 2024