ILEA001236889: Laos's inflation hits 23-year high of 40.3 pct in January

India's retail inflation in 12-month low in May

STORY: India's retail inflation in 12-month low in May SHOOTING TIME: File DATELINE: June 13, 2024 LENGTH: 00:01:29 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of food grain STORYLINE: India's retail inflation fell to 4.75 percent in May from 4.83 percent in April, official data showed Wednesday. This was said to be the lowest in the past 12 months. Retail inflation has been under the five-percent mark for three consecutive months starting from March. "Year-on-year inflation rate based on all India Consumer Price Index (CPI) number is 4.75 percent (provisional) for the month of May 2024. Corresponding inflation rate for rural and urban is 5.28 percent and 4.15 percent, respectively," the statistical ministry said. Food inflation was 8.69 percent in May, marginally down from 8.70 percent in April. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

Italy's growth forecast for 2024 revised up to 1 pct: ISTAT

STORY: Italy's growth forecast for 2024 revised up to 1 pct: ISTAT SHOOTING TIME: June 7, 2024 DATELINE: June 8, 2024 LENGTH: 00:00:41 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italy STORYLINE: The Italian economy is expected to grow by 1 percent this year, the country's National Institute of Statistics (ISTAT) said on Thursday, revising up a previous 0.7 percent projection. The country's gross domestic product (GDP) growth rate "will be supported by the contribution of both domestic net demand of inventories and net foreign demand," ISTAT said in its report. Italy, the third largest economy in the European Union after Germany and France, will then expand by 1.1 percent in 2025. Overall, ISTAT said that private consumption in the country continues to be supported by the strengthening of the labor market and an increase in real wages. "These dynamics will lead to a growth of 0.4 percent in household consumption in 2024 and of 1 percent in 2025," it said. The labor market is also expected

Tokyo consumer inflation accelerates in May

STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent

Industrial production costs fall in Italy for 6th consecutive month

STORY: Industrial production costs fall in Italy for 6th consecutive month SHOOTING DATE: May 30, 2024 DATELINE: May 31, 2024 LENGTH: 00:00:49 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of streets in Rome STORYLINE: Industrial producer prices in Italy fell for the sixth consecutive month, the country's statistics entity reported Thursday, due largely to continued decreases in energy costs. The Italian National Institute of Statistics (ISTAT) said that prices for industrial producers fell by 0.9 percent in April compared to the previous month. Costs were 5.9 percent below their levels from a year earlier. The trend represents a marked turn-around from 2022 and early 2023, when the key index rose nearly every month and when year-on-year increases regularly topped 30 percent due to the spike in energy prices. Overall inflation in Italy has fallen dramatically since October 2023. This decline has been broadly in line with the drop in producer prices. Still, the rate of decrease in producer

India's wholesale inflation rises to 1.26 pct in April

STORY: India's wholesale inflation rises to 1.26 pct in April SHOOTING TIME: Recent footage DATELINE: May 16, 2024 LENGTH: 0:01:11 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of the wholesale market 3. various of fuel station STORYLINE: India's wholesale price index (WPI) rose 1.26 percent in April, according to data released Tuesday by the Federal Ministry of Commerce and Industry. "The annual rate of inflation based on all India WPI number is 1.26 percent (provisional) for the month of April 2024 (over April 2023)," read a statement issued by the ministry. "Positive rate of inflation in April 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum and natural gas, manufacture of food products, other manufacturing etc." WPI for the month of March was recorded as 0.53 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increase or decrease in commodity prices globall

India's retail inflation eases to 4.83 pct in April

STORY: India's retail inflation eases to 4.83 pct in April SHOOTING TIME: Recent footage DATELINE: May 14, 2024 LENGTH: 00:01:20 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of a market STORYLINE: India's retail inflation eased to 4.83 percent in April, the latest government data showed Monday. The Consumer Price Index (CPI)-based inflation for April stood at 4.83 percent, compared with 4.85 percent recorded in March, according to the data released by the federal ministry of statistics and program implementation (MoSPI). The food inflation rose to 8.70 percent in April from 8.52 percent in March, the data showed. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

Türkiye's annual inflation nears 70 pct in April

STORY: Türkiye's annual inflation nears 70 pct in April SHOOTING TIME: Earlier footage DATELINE: May 4, 2024 LENGTH: 00:01:27 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in a bazaar in Türkiye (April 20, 2024) (courtesy of ihlas news agency) 2. various of tourists at a hotel in Türkiye (April 5, 2024) 3. various of people at cafes and restaurants in Türkiye (April 29, 2024) 4. various of people at an intercity bus terminal in Türkiye (July 19, 2023) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 69.8 percent in April, the highest in one and a half years, according to official data released on Friday. The annual consumer inflation continued to rise, mainly due to the increase in service prices. According to data released by the Turkish Statistical Institute, the monthly consumer price index increased by 3.18 percent in April. Alcoholic beverages and tobacco saw the highest price increase of 9.56 percent in the month, followed by

U.S. unemployment rate ticks up to 3.9 pct in April as job growth slows

STORY: U.S. unemployment rate ticks up to 3.9 pct in April as job growth slows SHOOTING TIME: May 3, 2024 DATELINE: May 4, 2024 LENGTH: 0:02:12 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Labor Department 2. various of street views in Washington D.C. 3. various of a subway train in Washington D.C. 4. various of a freight train in the U.S. 5. various of American Airlines airplanes STORYLINE: U.S. employers added fewer-than-expected 175,000 jobs in April, with the unemployment rate again ticking up to 3.9 percent, the U.S. Labor Department reported Friday. Job gains occurred in health care, social assistance, and transportation and warehousing, according to the department's Bureau of Labor Statistics (BLS). Total nonfarm payroll employment rose by 175,000 in April, lower than the average monthly gain of 242,000 over the prior 12 months, the report noted. In February, the unemployment rate increased to 3.9 percent, the highest level in two years, before sli

Laos' inflation eases slightly to 24.92 pct in April

STORY: Laos' inflation eases slightly to 24.92 pct in April SHOOTING TIME: May 2, 2024 DATELINE: May 3, 2024 LENGTH: 00:02:26 LOCATION: Vientiane CATEGORY: ECONOMY SHOTLIST: 1. various of a bank in Laos 2. various of a road in Laos 3. various of a market in Laos STORYLINE: Laos recorded an inflation rate of 24.92 percent in April, a slight decrease from 24.98 percent in March, the Lao Statistics Bureau said on Monday. According to the report released by the Lao Statistics Bureau on its website, the unstable price of fuel, gas and other imported goods, together with the depreciation of the Lao currency kip, are among the main drivers of the inflation. The highest price rise in April was recorded in the clothing and footwear category, which stood at 37.62 percent year-on-year. Other categories included medical care and medicines at 36.09 percent, alcohol and tobacco at 28.52 percent, household goods at 27.08 percent, and communications and transport at 25.99 percent. Laos' economy is exposed

Surging restaurant prices in Türkiye make eating out a luxury

STORY: Surging restaurant prices in Türkiye make eating out a luxury SHOOTING TIME: April 29, 2024 DATELINE: April 30, 2024 LENGTH: 00:04:06 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets, at cafe and restaurants in Türkiye 2. SOUNDBITE 1 (Turkish): YUNUS ATAMAN, Private company worker 3. SOUNDBITE 2 (Turkish): YAZGI SECKIN, Student 4. SOUNDBITE 3 (Turkish): DINCER KARADOGU, Cafe owner in Ankara STORYLINE: For Turks hit hard by runaway inflation in recent years, going to a cafe or a restaurant has become a luxury. With nearly 70 percent annual inflation, prices of all consumer goods in the country are regularly increasing at a pace that has rarely been seen before. Restaurants and eateries in general are no exception to the price hikes. SOUNDBITE 1 (Turkish): YUNUS ATAMAN, Private company worker "I can't even imagine dining out anymore. Back in the day, my family and I would hit up a restaurant for a meal. Today, the same meal would cost me at least 2,500 liras (about 80

Laos's inflation hits 23-year high of 40.3 pct in January

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