state statistics office
The Rise in the Pork Price Has Accelerated China's Inflation
According to the National Statistical Office, in October the consumer price index in the country increased by 3.8% on an annual basis. At the same time, the growth is 0.8% more than last month.
Closure Threat Hangs Over Key Factory in Macedonia
Macedonia's Environment Inspectorate has proposed closing an important factory in the country, which contributes 1 per cent of Macedonia's GDP, following its failure to meet Monday's deadline to install air filters.
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China manufacturing activity shrinks for 3rd straight month
Activity in China's vast manufacturing sector shrank in October for the third straight month, officials said on Nov. 1, fuelling fears that growth in the world's second largest economy is slowing faster than policymakers admit.
Turkish Central Bank rejects snap rate cut after inflation data
Turkish Central Bank, under pressure from President Recep Tayyip Erdo?an to aggressively lower rates, on Feb. 3 rejected the option of an unscheduled rate cut as inflation slowed less than expected.
Erdo?an and his allies have over the last weeks lambasted Central Bank Governor Erdem Ba?ç? for failing to radically lower interest rates to stimulate faltering growth.
Turkey 2014 inflation ticks up to 8.17%
Annual inflation in Turkey ticked up to 8.17 percent in 2014, slightly higher than 2013 and well over the Turkish Central Bank's medium-term target, the state statistics office said Jan. 5.
However the figure was lower than expected by analysts, with inflation falling 0.44 percent in December from November.
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