ILEA001013855: Türkiye's inflation hits 24-year high of 80.21 pct in August

Türkiye sends 9th aid ship to Gaza

STORY: Türkiye sends 9th aid ship to Gaza SHOOTING TIME: April 16, 2024 DATELINE: April 17, 2024 LENGTH: 0:01:05 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of Türkiye sending its ninth aid ship to the Gaza Strip (courtesy of ihlas news agency) STORYLINE: Türkiye sent Tuesday its ninth ship to the Gaza Strip carrying 3,774 tonnes of humanitarian aid, including food, baby supplies, sleeping bags, and gluten-free products. The humanitarian ship, prepared by the Turkish Red Crescent, departed from the southern port of Mersin, according to the Turkish NGO. "Our aids are not one-time or short-term. Our aid will continue until all the needs in Gaza are over. They are continuous aids," said Turkish Red Crescent President Fatma Meric Yilmaz at the send-off ceremony. The vessel will reach Egypt's Al-Arish port, the closest port to Gaza, after a 40-hour sea voyage. Türkiye had sent humanitarian supplies in 13 planes and eight ships after the Israel-Hamas conflict broke out last October.

India's retail inflation eases to 4.85 pct in March

STORY: India's retail inflation eases to 4.85 pct in March SHOOTING TIME: April 10, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:20 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of market area STORYLINE: India's retail inflation eased to 4.85 percent in March, the latest government data showed Friday. According to the data released by the federal Ministry of Statistics and Program Implementation, the inflation based on the consumer price index (CPI) in March stood at 4.85 percent, compared to 5.09 percent in February. Food inflation has also eased to 8.52 percent in March from 8.66 percent in February, the ministry's data showed. According to officials, the price data are collected from 1,114 selected urban markets and 1,181 villages covering all states through personal visits by field staff of the ministry's National Statistical Office. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure

STORY: U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure SHOOTING TIME: Recent footage DATELINE: April 11, 2024 LENGTH: 0:01:18 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. Labor Department 2. various of a grocery store STORYLINE: U.S. consumer inflation in March sped up to 3.5 percent from a year ago, after ticking up to 3.2 percent in February, indicating continued inflation pressure, the U.S. Labor Department reported Wednesday. The Consumer Price Index (CPI) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February. The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items. The latest inflation report showed that the so-called core CPI, which excludes food and energy, increased 0.4 percent in March, as it did in January and February, after edging up 0.3 percent in December. Core CPI rose 3

Japan's real wages shrink for 23rd straight month

STORY: Japan's real wages shrink for 23rd straight month SHOOTING TIME: file DATELINE: April 9, 2024 LENGTH: 00:00:41 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of supermarkets in Tokyo 3. various of street views in Tokyo STORYLINE: Japan's average monthly wages in inflation-adjusted terms logged the 23rd straight month of decline in February as price increases continued to outpace nominal earnings growth, official data showed on Monday. Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 1.3 percent from the same month last year, according to the Ministry of Health, Labor and Welfare. Nominal monthly earnings, including base pay and overtime, rose 1.8 percent from a year ago to reach 282,265 yen (about 1,859.8 U.S. dollars). Regular pay including basic salary in February went up 2.0 percent year on year, while overtime pay, a gauge of business activity, went down 1.0 percent. Meanwhile, the consumer price index exclu

Türkiye's annual Industrial Production Index reaches 2-year high in Feb.

STORY: Türkiye's annual Industrial Production Index reaches 2-year high in Feb. SHOOTING TIME: Earlier footage DATELINE: April 9, 2024 LENGTH: 00:01:20 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of an industrial zone in Türkiye (courtesy of ihlas news agency) 2. various of a factory in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye's Industrial Production Index grew by 11.5 percent year-on-year in February, the sharpest growth in the past two years, official data showed on Monday. The data revealed significant increases across key sectors, with the mining and quarrying index rising by 12.8 percent, the manufacturing index by 11.9 percent, and the electricity, gas, steam, and air conditioning supply index by 7.7 percent compared to the same period last year. On a monthly basis, the output increased 3.2 percent in February, the strongest growth since March 2023. When examining specific subsectors, the mining and quarrying index saw a 3.2 percent decrease, while the manufa

Inflation, rising prices dampen Eid festivities in Türkiye

STORY: Inflation, rising prices dampen Eid festivities in Türkiye SHOOTING TIME: April 7, 2024 DATELINE: April 8, 2024 LENGTH: 00:02:53 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of people on the streets and shopping for Ramadan in Türkiye 2. SOUNDBITE 1 (Turkish): ERTAN OZTURK, Candy vendor at Ankara's bazaar 3. SOUNDBITE 2 (Turkish): MUSTAFA YUKSEL, Jewellery shop manager at Ankara's historic Ulus neighborhood STORYLINE: Soaring prices in Türkiye have pushed consumers to tighten their purse strings this festive season, one of the toughest in years as households struggle to contend with soaring prices. Annual consumer price inflation rose to 68.5 percent in the Muslim-majority nation. Over 85 million are faced with the worst economic woes in decades. At markets in Türkiye's capital city Ankara, consumers say soaring prices meant they would not be able to celebrate Eid in the same way as in past years, and they have to settle for less. Small business owners are also feeling the sting of hig

India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row

STORY: India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row SHOOTING TIME: April 5, 2024 DATELINE: April 6, 2024 LENGTH: 00:01:13 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India Gate 2. various of RBI building 3. various of banks 4. various of market area STORYLINE: India's central banking institution, the Reserve Bank of India (RBI), on Friday announced it has kept the repo rate unchanged at 6.5 percent. The repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the seventh time in a row the six-member Monetary Policy Committee (MPC) has decided to keep the key rates unchanged. According to the RBI, these decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of plus or minus 2 percent, while supporting growth. Meanwhile, the real GDP growth for 2024-25 is projected at 7.0 perce

Türkiye's annual inflation rate hit 68.5 pct in March

STORY: Türkiye's annual inflation rate hit 68.5 pct in March SHOOTING TIME: April 3, 2024 DATELINE: April 4, 2024 LENGTH: 0:01:18 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of a discount butcher in Türkiye (courtesy of ihlas news agency) 2. various of people shopping in a bazaar in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate hit 68.5 percent in March, up from 67.1 percent in February, official data showed Wednesday. Consumer prices registered a monthly increase of 3.16 percent, with education, communication, and the combined sector of hotels, restaurants, and cafes leading the rise at 13 percent, 5.6 percent, and 3.9 percent, respectively, according to the Turkish Statistical Institute. The cost of education experienced the highest annual increase at 104.07 percent, followed by restaurants and hotels at 94.97 percent and health at 80.25 percent. Despite implementing a monetary tightening policy since mid-2023, the inflation rate remains high i

Türkiye's opposition claims victory in local polls

STORY: Türkiye's opposition claims victory in local polls SHOOTING TIME: April 1, 2024 DATELINE: April 2, 2024 LENGTH: 00:01:37 LOCATION: Ankara CATEGORY: POLITICS SHOTLIST: 1. various of people voting for local elections in Türkiye (courtesy: ihlas news agency) 2. various of the press conference of Turkish Supreme Election Council Chairman Ahmet Yener (courtesy: ihlas news agency) 3. various of people voting for local elections in Türkiye (courtesy: ihlas news agency) 4. various of the speech of Turkish President Recep Tayyip Erdogan (courtesy: ihlas news agency) STORYLINE: Türkiye's main opposition, the Republican People's Party (CHP), has claimed a major victory in local polls in 35 mayoralties throughout the country, according to unofficial results of Sunday's local elections. The ruling Justice and Development Party (AKP) won 24 mayoral positions, while the People's Equality and Democracy Party (DEM) won 10, the Nationalist Movement Party (MHP) 8, the Welfare Party 2, the Great Unity Party (BBP) 1, a

Türkiye's inflation hits 24-year high of 80.21 pct in August

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