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    Josia Shigwedha

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    Josia Shigwedha

price increases

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Business / Economics

Inflation-cutting stalls in US as prices rise

Progress on cutting inflation in the US has stalled as prices rise, according to the latest data from the US government's key metric for tracking inflation levels. The Consumer Price Index shows the monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels. Kate Fisher reports  

today12 December, 2024

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Namibia

Sharp Price Increases in Malt Liquor and Energy Sectors

The Namibia Statistics Agency reports a significant 17.5 basis point rise in the producer price index for malt liquor and malt, driving inflation to 12.8% in Q2 2024, up from 2.4% last year. The energy sector also experienced a 9.2% price increase, reversing the previous year's decline. In contrast, overall manufacturing inflation fell by 2.7%, and mining and quarrying saw a deflation rate of 4.2%. Other sectors, including mineral waters […]

today28 August, 2024