Maria SantosFinance
Philippine Central Bank Lifts Key Rate to 5% to Tackle Sticky Inflation
The 25-basis-point increase comes despite second-quarter economic growth slowing to 2.3 per cent.
Tag
inflation
Every story tagged inflation on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged inflation
59 stories in this topic
Minjun ParkFinance
Bank of Korea Projected to Lift 2026 Economic Growth Estimate Past 3%
A surge in semiconductor demand and a rebound in consumer spending prompt analysts to lift full-year expansion forecasts as high as 3.4 per cent.
Minjun ParkGeneral
Taiwan Consumer Confidence Dips Despite Strong Economic Forecasts Amid Inflation Fears
Taiwanese consumers are growing more cautious about spending and the economic outlook, even as official forecasts predict the strongest GDP growth in decades. Concerns over inflation and financial market volatility are dampening sentiment.
Aiko TanakaLiving
Japan Households Brace for Further Price Hikes Amid Weak Consumer Spending
Japanese households face renewed financial pressure as companies prepare to pass on rising crude oil costs to consumers from summer onwards, exacerbating a slowdown in domestic demand. This comes after GDP growth was driven by external factors.
Wei ZhangFood
No-Frills Noodles See Surge in Japan as Consumers Seek Value Amid Rising Prices
Japanese retailers like Lawson and Aeon are expanding their range of no-frills noodle products, including topping-free frozen and fried noodles, as consumers tighten their belts in response to persistent food inflation across the country.
Wei ZhangFinance
US Dollar Climbs Against Vietnamese Dong Amid Globally Awaiting Inflation Data
The U.S. dollar experienced an increase against the Vietnamese dong on Wednesday morning while remaining largely stable against other major currencies. The greenback was sold at VND26,330 by Vietcombank, marking a slight increase of 0.04% from Tuesday’s rate.…
Maria SantosFood
Vietnams Gold Market Slumps as Global Tensions Stoke Inflation Fears
On Monday afternoon, there was a further decline in the gold prices in Vietnam, following a nearly 1% decrease earlier in the day. The gold bar prices offered by Saigon Jewelry Company experienced a drop of an additional 0.42% from the morning’s price,…
Aiko TanakaFinance
Vietnams Gold Plunge Continues Amidst Rising Inflation Concerns and Middle East Tensions
The price of gold in Vietnam continued to decline on Monday, with reductions seen throughout the day following an initial drop of nearly 1% earlier in the day. Saigon Jewelry Company, a prominent gold retailer, noted a further 0.42% decrease in its gold bar…
Rajiv MenonGeneral
Gold Prices Tumble Worldwide Amid Oil-Inflated Inflation Fears: How Vietnam is Weathering the Precious Metal Dip
On Thursday afternoon, gold prices in Vietnam reflected a downward trend, triggered by a global market decline for the precious metal. This drop is linked to fears that escalating oil prices would cause a surge in inflation. Gold Bar and Ring Prices Drop The…
Minjun ParkFinance
US Dollar Skyrockets Against Vietnamese Dong Amid Global Inflation Fears and Iran Conflict Developments
On Tuesday morning, the U.S. dollar experienced an unexpected surge against the Vietnamese dong in the black market trading. The greenback appreciated by 0.74%, hitting a record high of VND27,390 at unofficial exchange platforms. Maintaining the Rate Despite…
Minjun ParkFinance
U.S. Dollar Ascends to Year’s High Against Key Currencies Amid Oil Price Surge & Inflation Fears
The United States dollar achieved a rise against the Vietnamese dong on Thursday morning, while concurrently reaching peak levels this year against other major currencies. The Vietnamese bank, Vietcombank, increased the dollar’s rate by 0.01%, setting it at…
Minjun ParkFinance
US Dollar Soars to Year’s Peak Against Major Currencies, Dodging Inflation Threats”
The U.S. dollar experienced a surge against the Vietnamese dong on Thursday morning, while oscillating around its apex value against significant international currencies this year. Vietcombank, a prominent banking institution, reported a minor increase of…
Aiko TanakaFood
New Zealand Grapples with Skyrocketing Cheese Prices Amid Rising Food Inflation
Over the past year, food prices in New Zealand have witnessed a substantial rise of 4.7%, an increase from the 4.1% rise recorded in September, as reported by Stats NZ. Significant Rise in Grocery Prices The hike in food prices has been particularly…
Sarah ChenLiving
Philippines’ baby food market to shrink by 4.5% annually until 2028
The baby food market in the Philippines is expected to decline by 4.5% on average annually to reach $826.7m by 2028 as the government pushes for public access to contraceptives and family planning that resulted in childbirth rates. In a report, GlobalData…
Aiko TanakaAutomotive
VinFast ships first electric vehicles to US
VinFast had shipped its first batch of 999 cars to the U.S., capping a five-year bid to develop an auto production hub in Vietnam for markets in North America and Europe. The company said that the first cars are expected to be handed over to customers by the…
Sarah ChenLiving
Rising Inflation and the Risk of Recession
While various stimulus packages got the global economy through the short-term challenges of COVID-19, they were always going to cause difficulties in the medium term. Inflation has risen and recessions look likely, so how can investors respond effectively?…