China factory-gate inflation jumps 6.9% in January
Among manufactured products, inflation rate for the "food products" group rose 0.4 per cent due to higher prices of maida and coffee powder, soyabean oil, rice bran oil, processed prawn and gur, copra oil, khandsari, wheat flour (atta), sugar, ghee and palm oil.
And with factory gate prices on the rise, there's signs that those upstream price pressures are now being passed on to consumers.
The consumer price index (CPI), a main gauge of inflation, grew 2.5 percent year on year last month, fractionally above market expectation of 2.4 percent, the National Bureau of Statistics announced Tuesday.
Responding to news of another rise in inflation, a spokesman for the Treasury said: "Employment has reached record levels and earnings have risen faster than inflation for more than two years".
The official beginning of Brexit, likely before the end of March, could trigger a heavy Pound depreciation against the Rand.
If inflation does get away from Mark Carney and co, a quicker and more severe rate rise than expected may be needed to rein it back in, which would have significant knock-on effects.
The pound has fallen against a weakened dollar, as a jump in inflation to 1.8% in January fell short of investor expectations but took another step towards the Bank of England's 2% target.
Andromeda quests inspired by Witcher 3
In this interview with the Official Xbox Magazine (UK), he further added blades as one of the craftable melee weapons. Michael Gamble, Mass Effect Andromeda Producer, gave some of his insights in the story regarding the upcoming game.
Leicester boss Ranieri holds crisis talks with Mahrez and Vardy
He told Press Association Sport: "I know he is a very capable coach, a very good person and he will produce and give the best. Leicester have reached the last 16 of the Champions League and play Sevilla later this month.
Perú Judge Orders Arrest of Ex-President Alejandro Toledo for Odebrecht Corruption
But Toledo's lawyer Heriberto Benitez accused the judge of having a "vengeance" and said he would appeal against the ruling. That time spans the presidencies of Mr Toledo and his two successors in office, Alan Garcia and Ollanta Humala.
United Kingdom inflation surged once again in January, coming within just 0.2 percentage points of its officially mandated target for the first time in more than two years, according to the latest data released by the Office for National Statistics on Tuesday.
However, core inflation-the inflation rate excluding food and fuel inflation-inched higher to 5.1 per cent in January 2017 from 4.9 per cent last month.
Rising inflation will probably help support nominal growth, according to Morgan Stanley.
"Wholesale inflation has gone up and this is due to the firming up of oil prices and select commodities such as basic metal alloys that are mirroring the global trends", said FICCI President Pankaj Patel.
Even though the retail inflation is well below Reserve Bank of India's target of 5 per cent, it is unlikely that the central bank will go for a rate cut in the coming months.
Strong consumer spending helped power growth in the final months of past year, with GDP expanding by 0.6 per cent in the fourth quarter, in line with the second and third quarters.
The MPC voted unanimously to keep rates on hold at 0.25% this month.
Krauthammer on Flynn-Russia Report: 'There Is No Crime'
Eliot Engel (D-NY), the ranking Democrat on the House Foreign Affairs Committee, said Friday in a statement. Ruben Gallego of Arizona and Ted Lieu of California said . "He is the national security adviser", he added .
What Is A Pangolin? Google Doodle's Valentine's Day Game Features Endangered Animal
According to Google, the animal is not only the world's only scaly mammal, it is also the world's most trafficked mammal. Here's the link to the Doodle game , play it with all your love and let us know if you liked it.
Reds trading second baseman Brandon Phillips to Braves
Angel Pagan is still a free agent, as is the indefatigable Juan Uribe - the latter while sitting on 199 career home runs. He appeared to be penciled in as the team's everyday second baseman thus the quick acquisition of Phillips.
Donald Trump's Home Line Dropped From Sears & Kmart For Poor Sales
Sears and Kmart are the latest retailers who have stopped carrying Ivanka Trump products. As of this writing, Trump has yet to make his thoughts known about Sears Holdings' move.
Real Madrid star in line for return
The Irish Times report that the Real Madrid star is on course to return from injury to line up at the Aviva Stadium in March. This couldn't come at a better time since the addition of the UCL and the global breaks will continue to force rotations.
Sunny and hot Saturday / Cooler Sunday
Light and variable wind becoming east southeast 5 to 10 miles per hour in the morning. - Sunny Wednesday with a high near 49. Overnight, the showers will wear off, and we will have mostly cloudy skies with the lows in the middle 60s.
Caster Semenya will have to wait for unexpected Olympic gold
Savinova was also stripped of her 2011 world championship gold‚ another race where Semenya ended second. In the footage filmed by Stepanova, Savinova said doping was the only way to succeed in Russian sport.
Damaged Oroville dam spillway deemed no threat to the public
Flows were halted so that engineers could assess the damage, then restarted Thursday to the tune of 35,000 cubic feet per second. One factor working against dam operators: The dam's power plant, which could release up to 15,000 cfs, has been shut off.
Windows 10 new look: Microsoft gives glimpse of Project Neon design
Build will also serve as a venue for Microsoft to discuss its next Windows 10 update, expected to ship later this year. This build comes on the heels of last week's Insider build 15025 which included new accessibility options.
Body found in park identified as missing Ohio State student
She was last seen leaving her shift Wednesday night at Bodega on High Street in the Short North, according to her sister. Police urge anyone with information to call Ohio's Bureau of Criminal Investigations tip line at 1-855-BCI-OHIO.
Feb 12 2017