Inflation

A $40bn windfall from oil price decline is likely to be saved rather than spent in bid to bridge fiscal deficit.

When deflation is mentioned, the 'lost' decade in Japan or the American Great Depression of the 1930s is usually evoked.

This week's rhetoric on inflation shows the European Commission is being pulled apart by horses.

Consumption tax hike, which was scheduled for October 2015, will now be implemented in April 2017.

Bank of England is expected to wean Britain off record low rates next year.

Bill Gross says deflation remains possibility despite monetary easing policies.

Country's economic recovery would continue despite weak outlook for global economy, according to Fed.

US Q2 growth revised up to 4.6% on higher exports and business investment.

But Balls is expected to say that the 'tough decision' will save taxpayers £400m over five years.

Shop price deflation eased for the 16th consecutive Month, according to BRC/Nielsen.

Eurostat says 18.4 million people were out of work across the region in July.

India's potential for growth is improving but is hurt by price pressures, while inflation is keeps its sovereign rating down.

Unison says it is only fair that its members receive a pay increase in line with inflation.

Consumer-price index rose 7.96% in July from last year, compared with revised 7.46% in June.

The WPI index for June rose 5.43% while the market had been expecting a rise of 5.8-6.0%.

Deflation fears abound as eurozone inflation holds steady in June.

Eurostat said eurozone inflation slowed to 0.5% in May 2014.

Weekly chart still pictures the reversal from the 2011 record and the yellow metal has a medium-term target near $1040 in it.

Consumer price inflation rose to a four-month high in China in May while producer price deflation came in lower than expected.

Markit Economics is cautious about pricing in a hawkish turnout at the BoE policy review on Thursday.

BRC finds falling shop price inflation for a year in April.

Markit said output growth was at its fastest pace in three years during April.

Real GDP in EU is set to grow 1.6% in 2014 and to improve further to 2% in 2015.

Pay, wages, remuneration – call it what you like, but the cost of living is back in the news.

GfK UK consumer confidence index rises in April off back of string of positive economic data.

UK retail sales were up in March, according to figures from the Office for National Statistics.

Households most optimistic about their finances in more than five years, says Markit.

The ONS says Consumer Price Inflation (CPI) increased by 1.6% in the year to March 2014.

Average earnings will rise above inflation this year - the first time since 2008.

Singapore largely depends on external trade for its economic growth.