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China’s CPI falls 0.2% in October

China's consumer price index (CPI), a main gauge of inflation, fell by 0.2 percent year on year in October, the National Bureau of Statistics...

CBK holds key rate at 10.5pc as food prices remain elevated

The Central Bank of Kenya (CBK) has kept the benchmark rate unchanged at 10.5pc in the hope that harvest season will improve supply to...

CBK unperturbed by VAT hike on fuel, predicts growth above 5pc

The Central Bank of Kenya (CBK) new governor Dr Kamau Thugge projects inflation rate to subside to within medium term target by end of...

Central bank hikes interest rates to 10.5pc

The Central Bank of Kenya has increased the base lending rate by 100 basis points as inflation stayed above medium term target in May. The...

UK inflation unchanged in May as cost of living remains high

The UK's inflation rate is remaining stubbornly high, with prices for food, dining out and other recreational activities continuing to rise. Inflation, which measures the...