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

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

Australian inflation rate slows to 3.6 pct

STORY: Australian inflation rate slows to 3.6 pct SHOOTING TIME: April 26, 2024 DATELINE: April 28, 2024 LENGTH: 0:02:07 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of a supermarket 2. various of street views in Australia STORYLINE: Australia's annual rate of inflation has fallen to 3.6 percent, according to official figures published by the Australian Bureau of Statistics (ABS) on Wednesday. The figure showed that the consumer price index (CPI) rose by 1.0 percent in the first three months of 2024 and 3.6 percent in the 12 months to the end of March. It marks a fall from a 4.1 percent rise in the CPI in the 12-month period to the end of December 2023. The ABS identified rising costs of education, health, housing, food and non-alcoholic beverages as the most significant drivers of inflation in the first quarter of 2024. Housing prices were 0.7 percent higher at the end of March than at the start of 2024 and 4.9 percent higher than 12 months earlier. Education costs rose 5.

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

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

Australian inflation unchanged at 3.4 percent in Feb.

STORY: Australian inflation unchanged at 3.4 percent in Feb. SHOOTING TIME: March 27, 2024 DATELINE: March 28, 2024 LENGTH: 00:02:00 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of the building of Australian Bureau of Statistics 2. various of vehicles 3. various of a supermarket STORYLINE: Australia's rate of inflation remained steady for the third consecutive month in February, official data has revealed. According to figures published by the Australian Bureau of Statistics (ABS), the consumer price index (CPI), the headline measure of inflation in Australia, rose by 3.4 percent in the 12 months to February. "Annual inflation was unchanged in February and has been 3.4 percent for three consecutive months," Michelle Marquardt, head of prices statistics at the ABS, said in a media release. Xinhua News Agency correspondents reporting from Canberra. (XHTV)

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

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