Italy's inflation remains low despite lifting of price controls

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

Italy's inflation remains low despite lifting of price controls

STORY: Italy's inflation remains low despite lifting of price controls SHOOTING TIME: Feb. 2, 2024 DATELINE: Feb. 3, 2024 LENGTH: 00:00:37 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of markets in Rome 2. various of gas stations in Rome STORYLINE: Italy's annual inflation rate rose to 0.8 percent in January, up from 0.6 percent in December, according to Italy's National Statistics Institute (ISTAT) on Thursday. The relatively low inflation rate in January is significant given that the month is the first since the price controls in Italy's "anti-inflation quarter" expired. The initiative artificially reduced consumer prices on a basket of basic necessities over the final three months of 2023. The government reserved the right to continue the terms of the "anti-inflation quarter" into this year but it chose not to do so. ISTAT said the main factors pushing prices in the country higher in January were transportation-related services which climbed by 4.3 percent compared to 3.7 percent in Dec

  • Product Code
  • ILEA002265804
  • Registered date
  • 2024/2/03 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 32.70(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    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.

      South African Reserve Bank releases 2024 Monetary Policy Review

      STORY: South African Reserve Bank releases 2024 Monetary Policy Review SHOOTING TIME: April 24, 2024 DATELINE: April 27, 2024 LENGTH: 00:02:52 LOCATION: JOHANNESBURG, South Africa CATEGORY: ECONOMY SHOTLIST: 1. various of the meeting 2. SOUNDBITE 1 (English): LESEJA KGANYAGO, Governor of SARB 3. various of the meeting 4. SOUNDBITE 2 (English): WITNESS SIMBANEGAVI, Economic Research department of the South African Reserve Bank STORYLINE: The South African Reserve Bank (SARB) released its 2024 Monetary Policy Review on Wednesday, indicating that headline inflation is only expected to return to the mid-point of the target band in the last quarter of 2025. South Africa's inflation target range is 3 to 6 percent. The report said that amid slower-than-expected disinflation in food and volatility in fuel prices, headline inflation had fluctuated in the range of 5-6 percent over the past six months. In terms of growth, the SARB anticipates that real GDP will increase to 1.2 percent this year. SOUNDBITE 1 (Engli

        Bank of Japan keeps interest rate unchanged, yen sinks below 156

        STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

          U.S. GDP growth slows to annual rate of 1.6 pct in Q1

          STORY: U.S. GDP growth slows to annual rate of 1.6 pct in Q1 SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 0:01:06 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Department of Commerce (April 25, 2024) STORYLINE: The U.S. gross domestic product (GDP) growth rate slowed down to an annual rate of 1.6 percent in the first quarter of this year, the U.S. Department of Commerce reported on Thursday. The latest data marks a sharp slowdown from the fourth quarter in 2023, when GDP grew by 3.4 percent, according to the Bureau of Economic Analysis. Compared to the fourth quarter, the deceleration of real GDP in the first quarter primarily reflected decelerations in consumer spending, exports, and state and local government spending and a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment. The newly released GDP estimate for the first quarter, in what was called an "advance" e

            Turkish central bank keeps policy rate unchanged at 50 pct

            STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

              Italy marks Liberation Day with tighter security

              STORY: Italy marks Liberation Day with tighter security SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 00:00:43 LOCATION: Rome CATEGORY: POLITICS SHOTLIST: 1. various of celebrations in Rome STORYLINE: Italy marked the 79th anniversary of its liberation from fascism on Thursday with pomp and circumstance, and tighter security. The celebrations included the traditional laying of a laurel wreath at the Altar of the Fatherland in Rome's Piazza Venezia by President Sergio Mattarella. Prime Minister Giorgia Meloni and the presidents of both chambers of the Parliament and various other dignitaries were also on hand for the wreath-laying. Events to mark the Liberation Day also took place in other cities across the country, including the financial and fashion hub Milan, Florence, the canal city of Venice, and Naples. All the events took place amid heightened security. Xinhua News Agency correspondents reporting from Rome. (XHTV)

                A closer look at China's economic steadiness, vitality and potential

                STORY: A closer look at China's economic steadiness, vitality and potential SHOOTING TIME: Recent footage DATELINE: April 25, 2024 LENGTH: 0:02:41 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economy related footage 2. SOUNDBITE 1 (Arabic): DIAA HELMY, Secretary-general, Egyptian-Chinese Chamber of Commerce 3. SOUNDBITE 2 (English): BENJAMIN MGANA, Chief Editor of Foreign News of The Guardian, Tanzania 4. SOUNDBITE 3 (English): BRENDAN AHERN, Chief investment officer with U.S.-based asset management firm Krane Funds Advisors LLC 5. SOUNDBITE 4 (English): XN IRAKI, Kenyan economist 6. SOUNDBITE 5 (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club STORYLINE: China's economic performance for the first quarter of this year was unveiled. Notably, the National Bureau of Statistics (NBS) reported a 5.3 percent year-on-year GDP increase in Q1, exceeding market projections and surpassing the government's annual target of around 5 percent. The performance is described as

                  Global military spending surges amid conflicts, rising tensions: think tank

                  STORY: Global military spending surges amid conflicts, rising tensions: think tank SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:13 LOCATION: Stockholm CATEGORY: MILITARY SHOTLIST: 1. various of the Stockholm International Peace Research Institute STORYLINE: Global military spending saw its steepest year-on-year increase last year since 2009, amid conflicts, rising tensions and insecurity, a Stockholm-based think tank said on Monday. In its latest report, the Stockholm International Peace Research Institute (SIPRI) said that total global military expenditure reached 2,443 billion U.S. dollars in 2023, an increase of 6.8 percent in real terms from 2022. The United States is the largest global spender. Lorenzo Scarazzato, a researcher at SIPRI's Military Expenditure and Arms Production Program, said that such an unprecedented rise in military spending is a direct response to a global deterioration in peace and security. While countries are prioritizing military strength, they r

                    NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

                    STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan

                      Chinese art charms audience at 60th Venice Biennale

                      STORY: Chinese art charms audience at 60th Venice Biennale SHOOTING TIME: Recent footage DATELINE: April 19, 2024 LENGTH: 00:01:22 LOCATION: VENICE, Italy CATEGORY: CULTURE SHOTLIST: 1. various of 60th Venice Biennale 2. SOUNDBITE 1 (Chinese): WANG XIAOSONG, Curator of China's National Pavilion, Professor from the Zhejiang University 3. SOUNDBITE 2 (Italian): LAURA FINCATO, Veteran Italian politician and honorary citizen of Suzhou STORYLINE: China's National Pavilion at the 60th Venice Biennale opened to public on Thursday in Venice, Italy, which attracts audience from all around the world. The pavilion aims to bring together diverse elements, reflecting the Chinese cultural values of inclusiveness and the shared pursuit of beauty. According to Wang Xiaosong, Curator of China's National Pavilion, art is the best bridge to connect various cultures. SOUNDBITE 1 (Chinese): WANG XIAOSONG, Curator of China's National Pavilion, Professor from the Zhejiang University "The theme of this year's national pavilion