Friday 28 November 2014
 
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inflation

2014: the year of deflation and lower returns

While the year 2014 began with expectations of higher growth, higher yields and higher stocks, it is ending with the reality of lower inflation, lower yields and higher stocks, a report said. It also ends with asset markets and th

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India's inflation plunges to 5-year low

India's wholesale inflation cooled to a fresh five-year low as fuel and food prices fell, firing hopes the hawkish central bank could finally start cutting interest rates and spur stumbling economic growth. The Wholesale Price

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Egypt consumer inflation fell to 11.1pc in Sept

Egypt's annual urban consumer inflation fell to 11.1 percent in September from 11.5 percent in August, the official statistics agency CAPMAS said on Thursday. Egypt's economy has been in turmoil since a popular uprising ou

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Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back towards their lowest in six months as concern mounts over global economic growth. New York markets were set to open flat to higher and cur

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Dubai inflation hits 5-year high in Aug

Dubai's inflation edged up to a five-year high of 3.5 per cent year-on-year in August from 3.4 per cent in the previous month, data from the emirate's statistics center showed. The housing and utility costs, which account

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Non-hydrocarbon growth to spur Qatar economy

Qatar’s real GDP growth will accelerate from 6.8 per cent in 2014 to 7.8 per cent in 2016 as the non-hydrocarbon sector expands at a double-digit pace on higher investment spending and a growing population, a report said. Th

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Bahrain inflation down 2.7pc in July

Bahrain's annual inflation rate eased to 2.7 per cent in July slowing down slightly from 3.1 per cent year-on-year in June, said a report.      Housing and utility costs, which account for 24 per cent of consumer

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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Factory output boosts US economic outlook

US manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter. While other data on Friday showed some cooling in factory

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