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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Fruits and vegetables are seen on shelves at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man shops at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Dairy products are seen on shelves at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION

T?RKIYE-ANKARA-INFLATION

(240805) -- ANKARA, Aug. 5, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a supermarket in Ankara, Trkiye, Aug. 5, 2024. Trkiye's annual inflation rate cooled to 61.78 percent in July, marking the second consecutive month of deceleration, official data showed on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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XINHUA PHOTOS OF THE DAY

XINHUA PHOTOS OF THE DAY

(240614) -- BEIJING, June 14, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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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)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES

(240613) -- WASHINGTON, D.C., June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 12, 2024. The U.S. Federal Reserve kept interest rates in place on Wednesday and predicted one rate cut later this year, as the latest consumer price data shows that inflation seems to be cooling. TO GO WITH "Economic Watch: U.S. Fed holds rates in place, predicts one cut this year" (U.S. Federal Reserve/Handout via Xinhua/ABACAPRESS.COM

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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

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects fruits at a supermarket in Binzhou City, east China's Shandong Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Chu Baorui/Xinhua/ABACAPRESS.COM

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects tomatoes at a supermarket in Linyi City, east China's Shandong Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Wu Jiquan/Xinhua/ABACAPRESS.COM

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects milk at a supermarket in Nanjing, capital of east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Su Yang/Xinhua/ABACAPRESS.COM

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A consumer selects fruits at a supermarket in Xinghua City, east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Zhou Shegen/Xinhua/ABACAPRESS.COM

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 (Xinhua) -- A consumer selects milk at a supermarket in Nanjing, capital of east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Su Yang/Xinhua)

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 (Xinhua) -- A consumer selects tomatoes at a supermarket in Linyi City, east China's Shandong Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Wu Jiquan/Xinhua)

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 (Xinhua) -- A consumer selects fruits at a supermarket in Binzhou City, east China's Shandong Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Chu Baorui/Xinhua)

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#CHINA-CPI-MAY-UP (CN)

#CHINA-CPI-MAY-UP (CN)

(240612) -- BEIJING, June 12, 2024 (Xinhua) -- A consumer selects fruits at a supermarket in Xinghua City, east China's Jiangsu Province, June 12, 2024. China's consumer prices gained for the fourth straight month in May in the latest sign of a steady domestic demand recovery, official data showed Wednesday. The consumer price index (CPI), a main gauge of inflation, was up 0.3 percent year on year last month, said the National Bureau of Statistics (NBS). (Photo by Zhou Shegen/Xinhua)

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Turkish consumers' patience wears thin as inflation peaks at 75 pct

STORY: Turkish consumers' patience wears thin as inflation rate peaks at 75 pct SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:03:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Ankara 2. SOUNDBITE 1 (Turkish): SUAT ENGIN, Pensioner 3. various of Ankara 4. SOUNDBITE 2 (Turkish): NILGUN OZMEN, Pensioner 5. various of Ankara 6. SOUNDBITE 3 (Turkish): SELMA SONGUN, Housewife STORYLINE: With Türkiye's annualized inflation rate exceeding 75 percent in May, Turkish consumers are in desperate need of the relief promised by the government's disinflation efforts. Türkiye's inflation rate rose in May to 75.45 percent, official data revealed on Monday. That's the highest point since November 2022, and a significant jump from April's rate of 69.8 percent. "The worst is over," Treasury and Finance Minister Mehmet Simsek said on X after Monday's data release. The minister sought to reassure the public that relief is in sight. "We saw the highest level of annual inflation, which refl

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Türkiye's annual inflation exceeds 75 pct in May

STORY: Türkiye's annual inflation exceeds 75 pct in May SHOOTING TIME: June 2-3, 2024/Archives DATELINE: June 4, 2024 LENGTH: 00:01:10 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in Istanbul, Türkiye (Shooting date: May 17, 2024) (courtesy of ihlas news agency) 2. various of people at a discount cafe in Samsun, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) 3. various of people at a fish bazaar in Düzce, Türkiye (Shooting date: June 3, 2024) (courtesy of ihlas news agency) 4. various of people shopping in Safranbolu, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by 3.37 percent in May, compared to an increase of 3.18 percent in April, as per data from the Turkish Statistical Institute. The highe

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a store in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A boy buys bread at a bakery in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240603) -- ANKARA, June 3, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People walk on a street in Ankara, Trkiye, on June 3, 2024. Trkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

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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

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Bottles of wine are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A customer shops at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Packages of food are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. Photo by Xinhua/ABACAPRESS.COM/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- A customer shops at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- Bottles of wine are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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BELGIUM-BRUSSELS-INFLATION-MAY

BELGIUM-BRUSSELS-INFLATION-MAY

(240531) -- BRUSSELS, May 31, 2024 (Xinhua) -- Packages of food are on display at a supermarket in Brussels, Belgium, on May 31, 2024. The Eurozone's yearly inflation rate should be reaching 2.6 percent in May, according to preliminary data published on Friday by Eurostat, the European Union's (EU) statistical bureau. (Xinhua/Zhao Dingzhe)

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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

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Japan's economy contracts annualized 2 pct in January-March

STORY: Japan's economy contracts annualized 2 pct in January-March SHOOTING TIME: April 30 & May 4, 2024 DATELINE: May 16, 2024 LENGTH: 00:02:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of banks in Tokyo STORYLINE: Japan's economy shrank by an annualized 2.0 percent in the January-March period from the prior quarter, marking the first contraction in two quarters amid sluggish consumer spending, the latest GDP figures showed Thursday. Real gross domestic product (GDP) in this year's first quarter, adjusted for inflation, fell 0.5 percent from the previous quarter, according to preliminary data released by the Cabinet Office. Private consumption, which accounts for more than half of Japan's GDP, dropped 0.7 percent. It was the fourth straight quarter of decline, the longest streak since 2009, underscoring sluggish domestic demand. Capital spending fell 0.8 percent, down for the first time in two quarters, as Japanese firms curbed investment in mach

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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)

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Japan's real wages down for 24th straight month

STORY: Japan's real wages down for 24th straight month SHOOTING TIME: May 4, 2024 DATELINE: May 10, 2024 LENGTH: 00:01:35 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Japan's average monthly wages in inflation-adjusted terms logged the 24th straight month of decline in March, marking the longest period of continuous wage decline since comparable statistics began in 1991, official data showed on Thursday. Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 2.5 percent from the same month last year, larger than the 1.8 percent fall in February, according to the Ministry of Health, Labor and Welfare. Nominal monthly earnings, including base pay and overtime, rose 0.6 percent from a year ago to reach 301,193 yen (about 1,932.5 U.S. dollars). Regular pay including basic salary in March went up 1.7 percent year on year, while overtime pay, a gauge of business activity, went down 1.5 percent. Special payment including bonuses f

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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

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

STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation ticks up SHOOTING TIME: May 1, 2024 DATELINE: May 2, 2024 LENGTH: 00:01:14 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of Jerome Powell at 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 recent consumer data indicates that inflation continued to tick up. "Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective," the Federal Open Market Committee (FOMC), the Fed's policy-setting body, said in a statement released after the Fed's two-day policy meeting. "The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the statement read. Beginning in June, the Committee will slow the pace of decline of its securities holdings by reducing the monthly

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell (Rear) attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell (at the podium) attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-UNCHANGED

(240501) -- WASHINGTON, May 1, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 1, 2024. 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 recent consumer data indicates that inflation continued to tick up. (Xinhua/Liu Jie)

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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)

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#CHINA-CPI-MARCH-UP (CN)

#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- People select vegetables at a supermarket in Huaihua, central China's Hunan Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Wu Sandong/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- A consumer selects vegetables at a market in Shijiazhuang, north China's Hebei Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Liang Zidong/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- People select vegetables at a supermarket in Mengzi, southwest China's Yunnan Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Xue Yingying/Xinhua)

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