Australian inflation falls to 4.9 pct

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Australian inflation falls to 4.9 pct

STORY: Australian inflation falls to 4.9 pct SHOOTING TIME: Nov. 30, 2023 DATELINE: Dec. 1, 2023 LENGTH: 00:01:04 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of supermarkets in Canberra 2. various of Canberra-related footage STORYLINE: Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. It marked the equal-lowest rise for the CPI since January 2022 when inflation was at 4 percent. The state media Australian Broadcasting Corporation (ABC) reported that economists had generally forecast the figure would come in at 5.2 percent. The ABS identified a 6.1 percent rise in the cost of housing between October 2022 and October 2023 as the biggest driver of inflation, followed by a 5.9 percent rise in t

  • Product Code
  • ILEA002043110
  • Registered date
  • 2023/12/01 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 66.44(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Türkiye's Istanbul receives nearly 7 mln foreign visitors in Jan-May

    STORY: Türkiye's Istanbul receives nearly 7 mln foreign visitors in Jan-May SHOOTING TIME: Earlier footage DATELINE: June 27, 2024 LENGTH: 00:01:01 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul 2. various of tourists in Istanbul STORYLINE: Türkiye's Istanbul received nearly 7 million foreign visitors in the first five months of this year, setting a new record for foreign arrivals, according to data released by the Culture and Tourism Ministry on Wednesday. The data showed that the number of foreign visitors to Istanbul increased by 10.31 percent compared to the same period of the previous year. The metropolis welcomed 1.7 million foreign travelers in May alone, marking an 11.48 percent rise from last year and the highest number for the month. In May, the largest number of visitors to Istanbul came from Russia, followed by Germany, the United States, and Iran, according to the data. Meanwhile, in separate data, the ministry reported that from January to May,

      Visitor arrivals to Hong Kong up 20 pct in May

      STORY: Visitor arrivals to Hong Kong up 20 pct in May SHOOTING TIME: Recent footage DATELINE: June 18, 2024 LENGTH: 00:00:41 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Hong Kong, China STORYLINE: Hong Kong saw about 3.4 million visitor arrivals in May, up around 20 percent year on year, the Hong Kong Tourism Board said Monday. In the first five months of this year, Hong Kong registered about 18 million tourist arrivals, an increase of about 80 percent year-on-year, the tourism board said in a press release. The initial data showed that in May, Hong Kong recorded about 2.63 million visitor arrivals from the Chinese mainland, up 15 percent from last year. The number of visitors outside the mainland saw a year-on-year increase of 43 percent to about 770,000. Xinhua News Agency correspondents reporting from Hong Kong, China. (XHTV)

        U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools

        STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools SHOOTING TIME: June 12, 2024 DATELINE: June 13, 2024 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling. In a statement after the two-day policy meeting, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." In addition, the committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, the FOMC said. The Fed's announcement came just a few hours after the U.S. Labor Department reported that the

          World Bank cuts 2024 growth forecast for Japan

          STORY: World Bank cuts 2024 growth forecast for Japan SHOOTING TIME: Recent footage DATELINE: June 13, 2024 LENGTH: 00:01:06 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: The World Bank has cut its economic growth forecast for Japan for 2024 to 0.7 percent from 0.9 percent, while lifting the global growth outlook for the year to 2.6 percent from 2.4 percent, local media reported. The Japan growth forecast fell 0.2 percentage point from the previous estimate in January due to sluggish consumption growth and slowing exports, as well as a halt in growth in demand from foreign tourists, Jiji Press said Tuesday, citing the World Bank's latest Global Economic Prospects report. Japan's economic growth is projected to rise to 1.0 percent in 2025, as consumption is expected to improve moderately, it added. Meanwhile, the global economy would avoid a third consecutive drop in real GDP growth since a major post-pandemic jump in 2021, with 2024 growth stabilizin

            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

                Millions of Australians struggling to make loan repayments: gov't report

                STORY: Millions of Australians struggling to make loan repayments: gov't report SHOOTING TIME: June 4, 2024 DATELINE: June 6, 2024 LENGTH: 0:02:15 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of banks in Australia 2. various of street views in Australia 3. various of the Parliament House STORYLINE: Millions of Australians have struggled to make debt repayments in the last 12 months, government research has found. The research, which was published by corporate regulator the Australian Securities and Investment Commission (ASIC) on Monday, found that 47 percent of Australian adults with debt -- the equivalent of 5.8 million people -- have struggled to make repayments in the last 12 months. A survey conducted by YouGov on behalf of the ASIC found that cost of living pressures, reduced income, and unexpected expenses were the most common reasons given for financial difficulties. Thirty percent of respondents to the survey said they would not seek hardship assistance from their bank or lend

                  Australian minimum wage to rise by 3.75 pct

                  STORY: Australian minimum wage to rise by 3.75 pct SHOOTING TIME: June 4, 2024 DATELINE: June 6, 2024 LENGTH: 00:01:31 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Fair Work Commission (FWC) office 2. various of Australians in different professions 3. various of the Australian Bureau of Statistics (ABS) building STORYLINE: Australia's minimum wage will rise by 3.75 percent from the start of July, industrial relations tribunal the Fair Work Commission (FWC) ruled on Monday. From July 1, the minimum wage will increase from 23.23 Australian dollars (15.47 U.S. dollars) per hour to 24.10 Australian dollars (16.05 U.S. dollars) per hour, or 915.90 Australian dollars (609.99 U.S. dollars) per week based on a 38-hour week, FWC said. According to the commission, 20.7 percent of the Australian workforce, or approximately 2.6 million people, are paid minimum wage rates. After accounting for flow-on effects, the FWC estimates that the increase to the minimum wage will affect a quarter of a

                    Istanbul's number of tourists breaks record, signaling promising year

                    STORY: Istanbul's number of tourists breaks record, signaling promising year SHOOTING TIME: June 4, 2024 DATELINE: June 5, 2024 LENGTH: 00:02:23 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul 2. SOUNDBITE 1 (Turkish): HAMIT KUK, Chief adviser to TURSAB president 3. various of Istanbul 4. SOUNDBITE 2 (Turkish): HAMIT KUK, Chief adviser to TURSAB president 5. various of Istanbul 6. SOUNDBITE 3 (Turkish): YILDIRIM TAS, TURSAB board member 7. various of Istanbul airport STORYLINE: Türkiye's bustling city Istanbul set a record high by welcoming 5.2 million foreign visitors in the first four months of this year, signaling promising prospects for the country's ambitious goal of tourism for this year. Istanbul's unique allure has resulted in a notable 10-percent increase in visitors during the January-April period compared with last year, according to data from the Ministry of Culture and Tourism. The ministry's recent data also revealed that the number of foreign tourists i

                      Italy hosts record-breaking number of tourists in 2023

                      STORY: Italy hosts record-breaking number of tourists in 2023 SHOOTING TIME: June 4, 2024 DATELINE: June 5, 2024 LENGTH: 00:00:47 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Rome STORYLINE: Italy set an all-time record for tourist arrivals last year, with numbers surpassing pre-pandemic levels for the first time, the government's statistics entity reported Tuesday. ISTAT, the Italian Statistics Institute, said the country hosted more than 134 million tourists in 2023, amounting to a total of more than 450 million overnight stays. This represents 3 million more arrivals and 14.5 million more overnight stays than in 2019, the last year before the COVID-19 pandemic, accounting for increases of 2.3 percent and 3.3 percent, respectively. Compared to 2022, the tourism figures rose by 13.4 percent and 9.5 percent, respectively. According to the data, the most popular Italian region for tourism last year was Veneto, famous for the canal city of Venice. Veneto attracted 21.1 mil