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Libyans struggle to celebrate Eid al-Adha as livestock price increases

STORY: Libyans struggle to celebrate Eid al-Adha as livestock price increases SHOOTING TIME: June 11, 2024 DATELINE: June 15, 2024 LENGTH: 00:03:43 LOCATION: Tripoli CATEGORY: ECONOMY SHOTLIST: 1. various of the livestock market 2. SOUNDBITE 1 (Arabic): MILUD EHBEL, Libyan citizen and resident of Tripoli 3. SOUNDBITE 2 (Arabic): JAMAL ABU-JARIDA, Livestock merchant from Khoms 4. SOUNDBITE 3 (Arabic): MOHAMED ABDUL-FATTAH, Libyan citizen and resident of Tripoli 5. various of the livestock market STORYLINE: Libyans are struggling with unexpectedly high prices of livestock as the country is embracing the Muslim festival Eid al-Adha, or the Feast of Sacrifice. According to Islamic traditions, Muslim families usually buy a sheep, goat, or cattle as a sacrifice in the early morning of Eid al-Adha and distribute the meat to the poor as a charity gift. SOUNDBITE 1 (Arabic): MILUD EHBEL, Libyan citizen and resident of Tripoli "I came to the market today to check the prices of sheep. However, the prices are very h

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Egypt to raise price of subsidized bread: PM

STORY: Egypt to raise price of subsidized bread: PM SHOOTING TIME: May 29, 2024 DATELINE: May 30, 2024 LENGTH: 00:01:17 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the televised press conference (Courtesy of the Egyptian Cabinet) 2. various of bread production STORYLINE: Egyptian Prime Minister Mostafa Madbouly announced Wednesday that the price of subsidized bread will increase up to 20 piasters. The new decision will be enforced as of June 1, the prime minister told a televised press conference. The price of a loaf of bread, which is 5 piasters now, has not been changed for more than 30 years, he said, noting that it costs the government 125 piasters to produce it. However, Madbouly said bread subsidies would continue, adding that adjustments have to be made to reflect the significant increases in production costs. He added that the cabinet discussed means of promoting the subsidy system to ease financial burdens on the government and ensure that the subsidized commodities reach the

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Japan's real wages shrink for 23rd straight month

STORY: Japan's real wages shrink for 23rd straight month SHOOTING TIME: file DATELINE: April 9, 2024 LENGTH: 00:00:41 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of supermarkets in Tokyo 3. various of street views in Tokyo STORYLINE: Japan's average monthly wages in inflation-adjusted terms logged the 23rd straight month of decline in February as price increases continued to outpace nominal earnings growth, official data showed on Monday. Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 1.3 percent from the same month last year, according to the Ministry of Health, Labor and Welfare. Nominal monthly earnings, including base pay and overtime, rose 1.8 percent from a year ago to reach 282,265 yen (about 1,859.8 U.S. dollars). Regular pay including basic salary in February went up 2.0 percent year on year, while overtime pay, a gauge of business activity, went down 1.0 percent. Meanwhile, the consumer price index exclu

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Italy's inflation remains at 0.8 pct in February

STORY: Italy's inflation remains at 0.8 pct in February SHOOTING TIME: March 15, 2024 DATELINE: March 16, 2024 LENGTH: 00:00:58 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of National Statistics Institute (ISTAT) in Italy 2. various of streets in Rome STORYLINE: Italy's inflation rate remained stable at 0.8 percent in February, the same level as in January, the national statistics agency said on Friday. Data released by the National Statistics Institute (ISTAT) showed Italy's consumer price index rose by 0.1 percent in month-on-month terms in February. The index increased by 0.3 percent in January compared to December 2023. ISTAT attributed the low inflation rate to a slowdown in price increases for processed and unprocessed food, transportation services and recreational activities. Regulated and unregulated energy products saw prices drop compared to a year earlier, though by a smaller margin than in January. The Italian government introduced a series of anti-inflation measures betwe

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India's wholesale inflation eases to 0.27 pct in January

STORY: India's wholesale inflation eases to 0.27 pct in January SHOOTING TIME: Feb. 10, 2024 DATELINE: Feb. 16, 2024 LENGTH: 0:01:14 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market area 3. various of fuel station STORYLINE: India's wholesale price index (WPI) eased 0.27 percent in January, data released by the Federal Ministry of Commerce and Industry showed on Wednesday. "Positive rate of inflation in January 2024 is primarily due to increase in prices of food articles, machinery and equipment, manufacturing, minerals, transport equipment, etc.," reads a statement issued by the ministry. WPI for December 2023 was recorded at 0.73 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Cameroon raises fuel prices

STORY: Cameroon raises fuel prices SHOOTING DATE: Feb. 3, 2024 DATELINE: Feb. 4, 2024 LENGTH: 00:01:26 LOCATION: Yaounde CATEGORY: ECONOMY SHOTLIST: 1. various of street views and gas stations in Yaounde 2. SOUNDBITE 1 (French): ERIC BANGSI, Taxi driver in Yaounde 3. SOUNDBITE 2 (French): AYANG DJOWE BRUNO, Motorbike driver in Yaounde 4. various of street views and gas stations in Yaounde STORYLINE: The Cameroonian government on Friday hiked fuel prices, which went into effect from Saturday. According to a statement by Seraphin Magloire Fouda, Secretary General at the Prime Minister's Office, the price of a liter of Super has been increased from 730 XAF (approximately 1.21 U.S. dollars) per liter to 840 XAF (approximately 1.39 U.S. dollars) and gasoline increases from 720 XAF (approximately 1.19 U.S. dollars) per liter to 828 XAF (approximately 1.37 U.S. dollars). Fouda said in a statement Friday night that the price increase was "due to the need to absorb the growing budgetary constraints that the s

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UK inflation rises in December

STORY: UK inflation rises in December SHOOTING TIME: Dec. 27, 2023-Jan. 5, 2024 DATELINE: Jan. 18, 2024 LENGTH: 0:01:56 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in London during the Christmas season (Dec. 27, 2023) 2. various of supermarkets in London (Nov. 10, 2023) 3. various of Bank of England (Jan. 5, 2024) STORYLINE: The United Kingdom's (UK) consumer price index (CPI) rose by 4 percent in the 12 months to December 2023, up from 3.9 percent in November, according to data released on Wednesday. This was the first inflation increase since February 2023, said the Office for National Statistics (ONS). It said that CPI rose by 0.4 percent monthly in December. "The rate of inflation ticked up a little in December, with rises in tobacco prices due to recently introduced duty increases," said Grant Fitzner, chief economist of the ONS. Prices in the alcohol and tobacco division rose by 12.8 percent in the year to December. As announced in Autumn Statement 2023 in N

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India's wholesale inflation, merchandise exports rise in December

STORY: India's wholesale inflation, merchandise exports rise in Dec. SHOOTING TIME: Jan. 15, 2024 DATELINE: Jan. 17, 2024 LENGTH: 00:01:45 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of wholesale markets 3. various of gems and jewellery 4. various of electronic goods STORYLINE: India's wholesale price index (WPI) rose 0.73 percent year on year in December 2023, data released by the country's Ministry of Commerce and Industry said Monday. The positive rate of inflation in December is primarily due to an increase in the prices of food, machinery and equipment, transport equipment and computers, electronics and optical products, etc., the ministry said in a statement. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. Meanwhile, India's merchandise exports in December 2023 were registered at 38.45 billion U.S. dollars, rising 1 percent year on year, said the state

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U.S. CPI accelerates to 3.4 pct in December amid rising shelter, energy prices

STORY: U.S. CPI accelerates to 3.4 pct in December amid rising shelter, energy prices SHOOTING TIME: Jan. 11, 2024 DATELINE: Jan. 12, 2024 LENGTH: 00:01:54 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of U.S. Labor Department (Nov. 4, 2023) 2. various of a grocery store in Arlington, the U.S. state of Virginia 3. various of a gas station in Arlington, the U.S. state of Virginia STORYLINE: U.S. consumer inflation in December 2023 accelerated to 3.4 percent from a year ago, after dropping to 3.1 percent in the previous month, amid rising shelter and energy prices, the U.S. Labor Department reported Thursday. The Consumer Price Index (CPI) increased 0.3 percent in December on a seasonally adjusted basis, after rising 0.1 percent in November, according to the department's Bureau of Labor Statistics. The index for shelter continued to rise in December, contributing over half of the monthly all-items increase. The energy index rose 0.4 percent over the month as increases in the electr

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Istanbul's 2023 annual inflation nears 75 percent

STORY: Istanbul's 2023 annual inflation nears 75 percent SHOOTING TIME: file footage DATELINE: Jan. 3, 2024 LENGTH: 00:01:03 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of people walking in the city center in Istanbul, Türkiye 3. various of people shopping in supermarket in Istanbul, Türkiye STORYLINE: The annual inflation for retail prices in Türkiye's largest city, Istanbul, reached 74.88 percent year-on-year in 2023, the Istanbul Chamber of Commerce (ITO) reported Tuesday. Data from ITO, one of the world's largest chambers with over 700,000 members, showed that monthly inflation for retail prices in the city of nearly 16 million people increased by 3.52 percent in December. The highest price increases in December were reported for "health and personal care," followed by "culture, education and entertainment" and food products, with 5.15, 5.10, and 4.90 percent hikes respectively. In line with the newly announced data, shops in Kur

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India's wholesale inflation contracts 0.52 pct in Oct.

STORY: India's wholesale inflation contracts 0.52 pct in Oct. SHOOTING TIME: Nov. 10, 2023 DATELINE: Nov. 15, 2023 LENGTH: 00:01:36 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of wholesale market area 3. various of fuel station 4. various of traffic STORYLINE: India's wholesale price index (WPI) contracted 0.52 percent in October, data released by the federal ministry of commerce and industry showed Tuesday. WPI inflation, an indicator of prices in the wholesale market rises or falls mainly due to steep increases or decreases in commodity prices. WPI-based inflation rate has been in the negative zone for the seventh month since April in the South Asian country. WPI food inflation decreased from 1.54 percent in September to 1.07 percent in October. The index for the manufactured products group in October remained at 140.3 (provisional), the same as in September. The index for primary articles group increased 5 percent to 184.5 (provisional) in October from 18

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India's wholesale inflation contracts 0.26 pct in September

STORY: India's wholesale inflation contracts 0.26 pct in September DATELINE: Oct. 18, 2023 LENGTH: 00:01:21 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India gate 2. various of wholesale market area STORYLINE: India's wholesale price index (WPI) contracted 0.26 percent in September, data released by the Federal Ministry of Commerce and Industry Monday said. "Deflation in September 2023 is primarily due to fall in prices of chemical and chemical products, mineral oils, textiles, basic metals and food products as compared to the corresponding month of previous year," reads a statement issued by the ministry. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. WPI Food inflation decreased from 5.62 percent in August 2023 to 1.54 percent in September 2023. The index for the manufactured products group increased 0.36 percent to 140.3 (provisional) in September 2023 from 139.8 (provisional) in Au

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Fuel Price Increases

A man fills up at an Intermarche supermarket service station on the day of the start of an operation to sell fuel at cost price in Cuers, France on September 29 2023. Photo by Laurent Coust/ABACAPRESS.COM

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Fuel Price Increases

A man fills up at an Intermarche supermarket service station on the day of the start of an operation to sell fuel at cost price in Cuers, France on September 29 2023. Photo by Laurent Coust/ABACAPRESS.COM

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Fuel Price Increases

A man fills up at an Intermarche supermarket service station on the day of the start of an operation to sell fuel at cost price in Cuers, France on September 29 2023. Photo by Laurent Coust/ABACAPRESS.COM

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Fuel Price Increases

Fuel dispensing pistols in a service station on the day of the start of an operation to sell fuel at cost price in Cuers, France on September 29 2023. Photo by Laurent Coust/ABACAPRESS.COM

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Fuel Price Increases In France

Online fuel cards from Auchan and Leclerc. Fill up at cost price with the Auchan fuel card. Estimate your expenses on the Leclerc website. Increase in fuel prices in France. France, Montauban, September 29, 2023. Fuel at cost price offered by several supermarket brands from this Friday, September 29, 2023. A commitment to the increase in prices at the pump, underlining the refusal of distributors to sell at a loss as proposed by the government. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases In France

On carte carburant.com, compare and save with our selection of fuel cards. Carte Carburant Intermarché, what is a Carte Carburant. Increase in fuel prices in France. France, Montauban, September 29, 2023. Fuel at cost price offered by several supermarket brands from this Friday, September 29, 2023. A commitment to the increase in prices at the pump, underlining the refusal of distributors to sell at a loss as proposed by the government. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue their surge that began at the beginning of July. Increase in fuel prices in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue their surge that began at the beginning of July. Increase in fuel prices in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue their surge that began at the beginning of July. Increase in fuel prices in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue their surge that began at the beginning of July. Increase in fuel prices in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue their surge that began at the beginning of July. Increase in fuel prices in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman helps herself to fuel, with her dog watching. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A man helps himself to fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

A woman uses the fuel. Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Fuel Price Increases - Montauban

Fuel prices, Prices at the pump continue to soar since the beginning of July. Fuel price increases in France. France, Montauban, on September 29, 2023. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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India's wholesale inflation contracts 1.36 pct in July

STORY: India's wholesale inflation contracts 1.36 pct in July DATELINE: Aug. 15, 2023 LENGTH: 0:01:15 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market 3. various of food grain 4. various of market STORYLINE: India's wholesale price index (WPI) contracted 1.36 percent in July, according to data released by the Ministry of Commerce and Industry on Monday. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. WPI food inflation in July surged 7.75 percent after contracting 1.24 percent in June. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Price rises, tax hikes make Turks feel worse-off

STORY: Price rises, tax hikes make Turks feel worse-off DATELINE: July 15, 2023 LENGTH: 00:03:24 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets in Türkiye 2. various of Turkish Lira and U.S. dollar 3. various of people at shopping in a fresh vegetable bazaar in Türkiye 4. SOUNDBITE 1 (Turkish): JALE TASIYAN, Hotel Employee 5. SOUNDBITE 2 (Turkish): MURAT KOCAS, Graduate student in Civil Engineering STORYLINE: Turkish consumers are facing a new wave of stinging price increases and tax hikes as the value of the national currency continues dipping against the background of a cost-of-living crisis. Jale Tasiyan, a 46-year-old hotel employee, told Xinhua that mounting living expenses are forcing him to consider leaving Türkiye. SOUNDBITE 1 (Turkish): JALE TASIYAN, Hotel Employee "I want to leave Türkiye. I want to take my children and my family to live in Germany. Life is very expensive here, it is impossible to make ends meet in Türkiye anymore, even though three people are

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Japan's real wages slump most in nearly decade

STORY: Japan's real wages slump most in nearly decade DATELINE: May 24, 2023 LENGTH: 00:01:46 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Japan's real wages in the fiscal year 2022 registered the steepest decline since 2014 as price increases outpaced the growth in nominal wages, official data showed Tuesday. In the fiscal year from April 2022 to March 2023, inflation-adjusted real wages fell by 1.8 percent from the previous year, according to the Ministry of Health, Labor and Welfare. This marked the sharpest decline since a 2.9-percent drop in the fiscal year 2014 when an increase in consumption tax led to higher prices. Nominal monthly wages rose by 1.9 percent in the last fiscal year to an average of 326,308 yen, the fastest growth in over 30 years. However, inflation outpaced such gains by experiencing a climb of 3.8 percent due to surging prices in food, electricity, and gas. During the period, regular salary, including base pay, rose 1.1 percent, wh

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Coca-Cola Price Increases

SUQIAN, CHINA - MAY 20, 2023 - Various types of Coca-Cola drinks are seen on a supermarket shelf in Suqian, East China's Jiangsu province, May 20, 2023. Coca-Cola in multiple channels has seen price increases.

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Coca-Cola Price Increases

SUQIAN, CHINA - MAY 20, 2023 - Various types of Coca-Cola drinks are seen on a supermarket shelf in Suqian, East China's Jiangsu province, May 20, 2023. Coca-Cola in multiple channels has seen price increases.

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Coca-Cola Price Increases

SUQIAN, CHINA - MAY 20, 2023 - Various types of Coca-Cola drinks are seen on a supermarket shelf in Suqian, East China's Jiangsu province, May 20, 2023. Coca-Cola in multiple channels has seen price increases.

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Coca-Cola Price Increases

SUQIAN, CHINA - MAY 20, 2023 - Various types of Coca-Cola drinks are seen on a supermarket shelf in Suqian, East China's Jiangsu province, May 20, 2023. Coca-Cola in multiple channels has seen price increases.