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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man carries a sack of rice at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A vendor prepares vegetables at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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THE PHILIPPINES-INFLATION RATE

(240806) -- QUEZON CITY, Aug. 6, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Customers shop at a market in Quezon City, the Philippines, Aug. 6, 2024. The Philippines' headline inflation in July has reached its highest rate so far this year, accelerating to 4.4 percent in July from 3.7 percent in June, the Philippine Statistics Authority (PSA) said Tuesday. Photo by Xinhua/ABACAPRESS.COM/Rouelle Umali)

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Horgos Port in China's Xinjiang sees record freight throughput in 2023

STORY: Horgos Port in China's Xinjiang sees record freight throughput in 2023 SHOOTING TIME: Recent footage DATELINE: Jan. 21, 2024 LENGTH: 0:00:42 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Horgos Port 2. SOUNDBITE (Chinese): GUO DIAN, Horgos Customs officer STORYLINE: According to data from Horgos Customs, the Horgos Port in northwest China's Xinjiang Uygur autonomous region registered record-high import and export freight volume in 2023. The freight volume passing through the port totaled 41.78 million tons in 2023, a year-on-year increase of 4.4 percent. SOUNDBITE (Chinese): GUO DIAN, Horgos Customs officer "We have innovated smart supervision, simplified logistics procedures, continuously optimized regulatory processes, and improved the efficiency of customs clearance." The types of import and export commodities through the port are increasingly diversified. Among them, the export volume of new energy vehicles (NEVs) in 2023 increased by more than eight times year-on-year

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SWEDEN-STOCKHOLM-ECONOMY-INFLATION

(240116) -- STOCKHOLM, Jan. 16, 2024 (Xinhua) -- A citizen visits a supermarket in Stockholm, Sweden, on Jan. 16, 2024. The year-on-year inflation rate in Sweden slowed to 4.4 percent in December, down from 5.8 percent in November, Statistics Sweden (SCB) said on Monday. (Xinhua/Fu Yiming)

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SWEDEN-STOCKHOLM-ECONOMY-INFLATION

(240116) -- STOCKHOLM, Jan. 16, 2024 (Xinhua) -- A citizen visits a supermarket in Stockholm, Sweden, on Jan. 16, 2024. The year-on-year inflation rate in Sweden slowed to 4.4 percent in December, down from 5.8 percent in November, Statistics Sweden (SCB) said on Monday. (Xinhua/Fu Yiming)

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SWEDEN-STOCKHOLM-ECONOMY-INFLATION

(240116) -- STOCKHOLM, Jan. 16, 2024 (Xinhua) -- A citizen visits a supermarket in Stockholm, Sweden, on Jan. 16, 2024. The year-on-year inflation rate in Sweden slowed to 4.4 percent in December, down from 5.8 percent in November, Statistics Sweden (SCB) said on Monday. (Xinhua/Fu Yiming)

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SWEDEN-STOCKHOLM-ECONOMY-INFLATION

(240116) -- STOCKHOLM, Jan. 16, 2024 (Xinhua) -- A citizen visits a supermarket in Stockholm, Sweden, on Jan. 16, 2024. The year-on-year inflation rate in Sweden slowed to 4.4 percent in December, down from 5.8 percent in November, Statistics Sweden (SCB) said on Monday. (Xinhua/Fu Yiming)

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Australian inflation falls to near 2-year low

STORY: Australian inflation falls to near 2-year low SHOOTING DATE: Jan. 10, 2024 DATELINE: Jan. 11, 2024 LENGTH: 00:01:08 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of supermarket STORYLINE: Australia's rate of inflation has fallen to its lowest level in almost two years. According to official data published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI), Australia's headline measure of inflation, rose by 4.3 percent in the 12 months to the end of November 2023. It marks a fall from a 4.9 percent rise in the 12 months to the end of October 2023 and the slowest annual rate of price rises since January 2022. State media the Australian Broadcasting Corporation (ABC) reported that economists were expecting inflation to come in at 4.4 percent over the year to November. Treasurer Jim Chalmers welcomed the data but said that inflation is still higher than the government would like. "What this number shows is that the government's polic

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - AUGUST 24, 2023 - (FILE) The Huawei Smart Home flagship store is located on Nanjing Road Pedestrian Street on August 24, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - AUGUST 24, 2023 - (FILE) The Huawei Smart Home flagship store is located on Nanjing Road Pedestrian Street on August 24, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - AUGUST 24, 2023 - (FILE) The Huawei Smart Home flagship store is located on Nanjing Road Pedestrian Street on August 24, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - AUGUST 24, 2023 - (FILE) The Huawei Smart Home flagship store is located on Nanjing Road Pedestrian Street on August 24, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Huawei 2023 H1 Revenue Growth

SHANGHAI, CHINA - JULY 7, 2023 - (FILE) Huawei showcases Centeng AI cloud services and Pangu Grand Model 3.0 at the World Artificial Intelligence Conference in Shanghai, China, July 7, 2023. On August 30, 2023, Huawei Investment Holdings Co., LTD. 's semi-annual report showed that R&D expenses increased by 4.4% in the first half of the year. In the first half of the year, net profit rose 218 percent year-on-year.

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Russia raises key interest rate to 12 pct, citing inflation

STORY: Russia raises key interest rate to 12 pct, citing inflation DATELINE: Aug. 16, 2023 LENGTH: 00:01:36 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Russia in Moscow 2. various of Moscow city 3. various of a money exchange bureau in Moscow 4. various of Moscow city STORYLINE: Russia's Central Bank has decided to raise the key interest rate by 350 basis points to 12 percent, it said in a statement Tuesday. During an emergency meeting, the bank announced the rate increase and said the decision was "aimed at limiting price stability risks" amid inflation pressure. "As of Aug. 7, the annual rate of inflation rose to 4.4 percent while current price growth rates continue to increase," the bank said in a statement. According to the bank, steady growth in domestic demand has surpassed the capacity to expand production, increasing inflationary pressure and influencing the ruble's exchange rate dynamics through elevated demand for imports. "Consequently, the pass-through of

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Malaysia's wholesale, retail trade grows 6.6 pct in May

STORY: Malaysia's wholesale, retail trade grows 6.6 pct in May DATELINE: July 14, 2023 LENGTH: 00:02:47 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur City view 2. various of customers spending at retails and exhibitions 3. various of crowds on streets and shopping at a mall 4. various of foods and customers doing their grocery shopping at a supermarket STORYLINE: Malaysia's wholesale and retail trade recorded monthly sales value of 138 billion ringgit (29.68 billion U.S. dollars) in May, up 6.6 percent year-on-year, official data showed Wednesday. The Department of Statistics of Malaysia (DOSM) said in a statement that the growth was attributed to the motor vehicles sub-sector, which surged 22 percent to 17 billion ringgit. Meanwhile, retail trade expanded 5 percent to 58.8 billion ringgit and wholesale trade increased 4.4 percent to 62.2 billion ringgit. For month-on-month comparison, sales value of wholesale and retail trade rebounded 1.5 pe

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CANADA-TORONTO-CPI-RISE

(230627) -- TORONTO, June 27, 2023 (Xinhua) -- A customer shops at a market in Toronto, Canada, on June 27, 2023. Canada's Consumer Price Index (CPI) rose 3.4 percent in May year over year, following a 4.4 percent increase in April, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230627) -- TORONTO, June 27, 2023 (Xinhua) -- A customer shops at a market in Toronto, Canada, on June 27, 2023. Canada's Consumer Price Index (CPI) rose 3.4 percent in May year over year, following a 4.4 percent increase in April, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230627) -- TORONTO, June 27, 2023 (Xinhua) -- Customers shop at a market in Toronto, Canada, on June 27, 2023. Canada's Consumer Price Index (CPI) rose 3.4 percent in May year over year, following a 4.4 percent increase in April, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230627) -- TORONTO, June 27, 2023 (Xinhua) -- Customers shop at a market in Toronto, Canada, on June 27, 2023. Canada's Consumer Price Index (CPI) rose 3.4 percent in May year over year, following a 4.4 percent increase in April, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230627) -- TORONTO, June 27, 2023 (Xinhua) -- A customer shops at a market in Toronto, Canada, on June 27, 2023. Canada's Consumer Price Index (CPI) rose 3.4 percent in May year over year, following a 4.4 percent increase in April, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-VANCOUVER-CPI-RISE

(230516) -- VANCOUVER, May 16, 2023 (Xinhua) -- A customer shops for groceries at a grocery store in Vancouver, British Columbia, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Liang Sen/Xinhua)

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CANADA-VANCOUVER-CPI-RISE

(230516) -- VANCOUVER, May 16, 2023 (Xinhua) -- A customer shops for groceries at a grocery store in Vancouver, British Columbia, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Liang Sen/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- People walk past a stall at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- A customer shops at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- People shop at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- A customer shops at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- People shop at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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CANADA-TORONTO-CPI-RISE

(230516) -- TORONTO, May 16, 2023 (Xinhua) -- A customer shops at a farmers' market in Toronto, Canada, on May 16, 2023. Canada's Consumer Price Index (CPI) rose 4.4 percent year over year in April, following a 4.3 percent increase in March, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)

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Suez Canal sets new transit record

STORY: Suez Canal sets new transit record DATELINE: Feb. 16, 2023 LENGTH: 00:00:50 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Suez Canal STORYLINE: Osama Rabie, head of the Suez Canal Authority, announced that the Suez Canal on Wednesday saw a record-high number of daily transits made by ships. Rabie said that a total of 93 ships passed through the Suez Canal from both directions on Wednesday, with a total net tonnage of 4.4 million tonnes. Linking the Mediterranean Sea with the Red Sea, the Suez Canal was officially opened for international navigation in 1869, serving as a lifeline for global seaborne trade. About 12 percent of the world's trade passes through the man-made canal. According to data from the SCA, the canal posted a record-high annual revenue of 8 billion U.S. dollars in 2022 from the passage and transit of 23,851 ships. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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Spain posts 5.5 pct GDP growth in 2022

STORY: Spain posts 5.5 pct GDP growth in 2022 DATELINE: Jan. 28, 2023 LENGTH: 00:01:12 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of different sectors of the Spanish economy STORYLINE: Spain's economy grew by 5.5 percent in 2022, the country's Statistical Office (INE) said on Friday. Gross domestic product (GDP) increased by 0.2 percent in the final quarter of last year, allowing for an annual growth of 5.5 percent, despite the negative effects of the ongoing conflict in Ukraine. Economic growth was considerably higher in 2022 than the government's forecast of 4.4 percent and the Bank of Spain's projection of 4.5 percent. Prime Minister Pedro Sanchez welcomed the news, highlighting "the solidity and resilience of the Spanish economy." He also recalled that Spain had created 278,900 jobs in 2022 and had its lowest unemployment rate since 2008. In 2021, the country logged 5.1 percent GDP growth against a 10.8 percent contraction the year before due to the COVID-19 pandemic. P

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Swiss business leader upbeat on China's opening, economic outlook

STORY: Swiss business leader upbeat on China's opening, economic outlook DATELINE: Jan. 14, 2023 LENGTH: 00:01:07 LOCATION: Geneva CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): FELIX SUTTER, President, Swiss-Chinese Chamber of Commerce (SCCC) 2. SOUNDBITE 2 (English): FELIX SUTTER, President, Swiss-Chinese Chamber of Commerce (SCCC) 3. various of Switzerland 4. various of China STORYLINE: The president of the Swiss-Chinese Chamber of Commerce (SCCC) welcomed China's lifting of COVID-19 restrictions and said he was bullish about the outlook for the Chinese economy this year. The International Monetary Fund (IMF) forecasts China's economy to grow by 4.4 percent this year and consumer prices to increase by 2.2 percent. Asked about his outlook, Sutter said: SOUNDBITE 1 (English): FELIX SUTTER, President, Swiss-Chinese Chamber of Commerce (SCCC) "I think something like 5 percent, 5 something percent growth is expected for 2023." Since 2010, China has been Switzerland's biggest trading partner in Asi

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Honda's group net profit down for 1st time in 3 yrs

TOKYO, April 28 Kyodo - Tetsuo Iwamura, executive vice president of Honda Motor Co., announces the company's earnings results for the year ended in March 2015 at a press conference in Tokyo on April 28, 2015. Honda's group net profit fell for the first time in three years, down 8.9 percent from a year earlier to 522.76 billion yen ($4.4 billion), hurt by recall-related costs and sluggish sales in Japan.

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Toyota posts record high operating profit for April-June

TOKYO, Japan - Toyota Motor Corp. Managing Officer Takuo Sasaki briefs the press Aug. 5, 2014, on the automaker's financial results for the April-June quarter. Toyota group operating profit grew 4.4 percent from a year earlier to an all-time high of 692.73 billion yen for the quarter as brisk sales in North America more than offset a lackluster performance in Japan, where a sales tax hike April 1 triggered a sales decline.

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Bluefin tuna quota to be cut

PARIS, France - Photo shows tuna auctioned at Tokyo's Tsukiji Fish Market on Nov. 26, 2010. The International Commission for the Conservation of Atlantic Tunas decided Nov. 27, 2010, to slightly reduce the bluefin tuna fishing quota for 2011 by 4.4 percent from a year earlier to 12,900 tons.

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Bluefin tuna quota to be cut

PARIS, France - Photo shows tuna auctioned at Tokyo's Tsukiji Fish Market on Nov. 26, 2010. The International Commission for the Conservation of Atlantic Tunas decided Nov. 27, 2010, to slightly reduce the bluefin tuna fishing quota for 2011 by 4.4 percent from a year earlier to 12,900 tons.

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Job seekers at placement agency

Job seekers read employment information at a placement office in Tokyo's Shinjuku on Dec. 25. The Japanese government announced on the day that the country's unemployment rate in November hit a new record high of 4.4 percent.

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Malaysia's inflation rises 4.5 pct in September

STORY: Malaysia's inflation rises 4.5 pct in September DATELINE: Oct. 22, 2022 LENGTH: 00:01:36 LOCATION: Kuala Lumpur CATEGORY: SOCIETY/ECONOMY SHOTLIST: 1. various of crowds doing their grocery shopping in a supermarket 2. various of food on display racks in a supermarket STORYLINE: Malaysia's inflation, as measured by consumer price index, rose 4.5 percent in September, lower than 4.7 percent in August, official data showed on Friday. The Department of Statistics Malaysia (DOSM) said in a statement that food inflation increased at a slower rate of 6.8 percent as compared to 7.2 percent in August. Apart from food, groups that recorded a high increase were restaurants and hotels (6.9 percent), followed by transport (5.3 percent); furnishings, household equipment and routine household maintenance (4.4 percent) and housing, water, electricity, gas and other fuels (4 percent). For the period of January to September, the inflation stood at 3.3 percent as compared to the same period of 2021. The increase

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SINGAPORE-GDP-THIRD QUARTER

(221014) -- SINGAPORE, Oct. 14, 2022 (Xinhua) -- Tourists walk along the Marina Bay in Singapore on Oct. 14, 2022. Singapore's Ministry of Trade and Industry announced on Friday that based on advance estimates, the country's gross domestic product (GDP) grew by 4.4 percent year on year in the third quarter of 2022. (Photo by Then Chih Wey/Xinhua)

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SINGAPORE-GDP-THIRD QUARTER

(221014) -- SINGAPORE, Oct. 14, 2022 (Xinhua) -- People conduct maintenance work outside the Cloud Forest at Gardens by the Bay in Singapore on Oct. 14, 2022. Singapore's Ministry of Trade and Industry announced on Friday that based on advance estimates, the country's gross domestic product (GDP) grew by 4.4 percent year on year in the third quarter of 2022. (Photo by Then Chih Wey/Xinhua)

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Egypt's annual urban inflation rate hits 4-year high in Sept.

STORY: Egypt's annual urban inflation rate hits 4-year high in Sept. DATELINE: Oct. 11, 2022 LENGTH: 00:01:13 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Agency for Public Mobilization and Statistics 2. various of markets 3. various of shops STORYLINE: The annual urban inflation rate in Egypt accelerated to 15 percent in September from 14.6 percent in the previous month and above market expectation of 14.7 percent, data from the Central Agency for Public Mobilization and Statistics showed on Monday. It was the highest reading since November 2018. On a monthly basis, consumer prices climbed 1.6 percent, the highest in five months, accelerating from a 0.9 percent gain in August. The agency attributed the hike to a 1.8 percent increase in meat prices, 4.4 percent in eggs, 6.2 percent in vegetables, and 1.5 percent in products, devices and equipment and more. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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Sweden experiences highest inflation in three decades

STORY: Sweden experiences highest inflation in three decades DATELINE: June 15, 2022 LENGTH: 00:02:03 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of a shopping mall 2. various of a petrol station 3. various of street views STORYLINE: Swedish consumers are witnessing the highest inflation since 1991, with consumer prices, measured with a fixed interest rate, rising from 6.4 percent in April to 7.2 percent in May, Statistics Sweden said on Tuesday. Energy prices saw the biggest increases, with fuel prices surging by 41.8 percent in a year and electricity prices rising by 33.6 percent. In contrast to prior years, when the price of power dropped in the spring as a result of declining demand, it rose by 4.1 percent in May. Food price has increased significantly as well. Meat prices rose by 4.4 percent in May, while the cost of eggs and dairy products grew by 3.5 percent from April to May. Meanwhile, costs of owning a condominium rose by 7.2 percent compared with May 2021. House owners

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Egypt's annual headline inflation continues to rise

STORY: Egypt's annual headline inflation continues to rise DATELINE: May 11, 2022 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. exterior of the Central Agency for Public Mobilization and Statistics (CAPMAS) 2. various of the Nile River (in Cairo) 3. various of open-air market selling fruits and vegetables 4. various of people doing shopping at a supermarket STORYLINE: Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Tuesday that the country's annual headline inflation rate increased to 14.9 percent in April, up from 12.1 percent in March and 4.4 percent in April 2021, with inflation in urban areas jumping to 13.1 percent. The annual headline inflation measures the total inflation within the economy including volatile commodities such as food and energy. Monthly headline inflation also climbed by 3.7 percent in April, mainly due to the rising prices of food commodities and services, according to the CAPMAS. Inflation has been on the rise in Eg