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Türkiye raises year-end inflation forecast amid soaring prices

STORY: Türkiye raises year-end inflation forecast amid soaring prices SHOOTING TIME: May 9, 2024 & Earlier footage DATELINE: May 10, 2024 LENGTH: 00:01:19 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (earlier footage) 2. SOUNDBITE 1 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 3. various of Turkish lira (earlier footage) 4. SOUNDBITE 2 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 5. various of Turkish lira (earlier footage) 6. various of Turkish Central Bank (earlier footage) STORYLINE: Türkiye's Central Bank has raised its end-of-year inflation forecast for 2024 to 38 percent, a two-percentage-point increase from previous estimates, as revealed in its latest quarterly report. The bank's outlook for the subsequent years remains unchanged, with inflation expected to decrease to 14 percent in 2025 and 9 percent in 2026, aiming for a medium-term stabilization target of 5 percent. Centr

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows a Tesla car at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows Tesla cars at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows Tesla cars at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows a Tesla car at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows Tesla cars at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows a Tesla car at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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U.S.-TESLA-DELIVERIES-Q1-FALL

(240403) -- SAN FRANCISCO, April 3, 2024 (Xinhua) -- This photo taken on April 2, 2024 shows Tesla cars at a parking lot in San Bruno, California, the United States. Tesla on Tuesday posted its first-quarter vehicle production and deliveries report for 2024, with deliveries falling 8.5 percent from the year-ago quarter and about 20 percent from the fourth quarter. The company's total quarterly deliveries for Q1 2024 were 386,810, falling below the analysts' estimates. (Photo by Li Jianguo/Xinhua)

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Türkiye hikes inflation forecasts amid higher food prices, weaker currency

STORY: Türkiye hikes inflation forecasts amid higher food prices, weaker currency SHOOTING TIME: Nov. 2, 2023 DATELINE: Nov. 3, 2023 LENGTH: 00:01:33 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in a supermarket 2. various of the press conference of Turkish Central Bank Governor Hafize Gaye Erkan 3. various of people shopping at a fresh vegetable bazaar STORYLINE: Türkiye's central bank on Thursday raised its inflation forecasts for 2023 and 2024, citing higher food and energy prices and a weaker currency. The bank now expects inflation to reach 65 percent by the end of 2023, up from 58 percent in its previous projection. It also increased its forecast for 2024 to 36 percent from 33 percent. Turkish Central Bank Governor Hafize Gaye Erkan said inflation will peak in May 2024 and then start to decline during a press conference, where she presented the bank's last quarterly inflation report of the year. Erkan said the upward revision was mainly due to higher import p

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Nokia headquarters

Nokia headquarters in Espoo, Finland, on October 19, 2023. Finnish network company Nokia released the third quarter result today. Nokia plans to reduce up to 14 000 workers before the end of the year 2026. LEHTIKUVA / JUSSI NUKARI - FINLAND OUT. NO THIRD PARTY SALES. (Credit:Jussi Nukari/Lehtikuva/Kyodo News Images)

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Malaysia's retail industry sees 13.8 pct growth in Q1

STORY: Malaysia's retail industry sees 13.8 pct growth in Q1 DATELINE: June 14, 2023 LENGTH: 00:02:47 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and crowds in front of shopping malls 2. various of customers shopping in store 3. various of customers shopping at a bazaar 4. various of customers shopping at a supermarket STORYLINE: Malaysia's retail industry recorded a better-than-expected growth rate of 13.8 percent in retail sales in the first quarter of 2023, as compared to the same period in 2022, Retail Group Malaysia (RGM) said on Tuesday. The RGM has also revised Malaysia's annual retail industry growth rate for 2023 upwards from 4 percent to 4.8 percent due to the retail result during the first quarter of this year. In its report, the RGM said this latest quarterly result was 50 percent higher than the estimate made by members of Malaysia Retailers Association (MRA) and Malaysia Retail Chain Association (MRCA) at 9.2 percent in March. According to the

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Japan's GDP growth downgraded to annualized real 0.1 pct in Q4 2022

STORY: Japan's GDP growth downgraded to annualized real 0.1 pct in Q4 2022 DATELINE: March 10, 2023 LENGTH: 00:01:01 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Japanese economy STORYLINE: Japan's economic growth in the October to December quarter was downgraded, owing to private consumption increasing less than previously thought, the government said in a report on Thursday. According to the Cabinet Office, the country's economic expansion was downwardly revised from 0.6 percent to an annualized real 0.1 percent. On an inflation-adjusted basis, real gross domestic product (GDP) on a quarterly basis was revised down from 0.2 percent to 0.02 percent, the government also said. Private consumption, which accounts for roughly half of Japan's GDP, slowed from 0.5 percent in the government's preliminary report, to 0.3 percent. This has been due to soaring inflation resulting in rising price points in shops and supermarkets, as well as energy bills, with the yen's weakness further inflating pric

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- People walk past a poster in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- La Defense business area is pictured in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- People enjoy the view of the city of Paris, in France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- Customers spend time at a cafe in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- Workers are seen near the Arc de Triomphe in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- A tourist takes photos at the Trocadero place near the Eiffel Tower in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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FRANCE-PARIS-ECONOMY-GDP GROWTH

(230202) -- PARIS, Feb. 2, 2023 (Xinhua) -- La Defense business area is pictured in Paris, France, Feb. 1, 2023. France's gross domestic product (GDP) growth in the fourth quarter (Q4) of 2022 slowed to 0.1 percent, the country's National Institute of Statistics and Economic Studies (INSEE) said on Tuesday in its preliminary quarterly report. The INSEE noted that, despite a slowdown in Q4 2022, France's GDP growth should reach 2.6 percent in 2022. (Xinhua/Gao Jing)

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U.S.-NEW YORK-BED BATH & BEYOND-POOR QUARTERLY RESULTS

(230105) -- NEW YORK, Jan. 5, 2023 (Xinhua) -- People are seen at the main entrance of a Bed Bath & Beyond store in New York, the United States, on Jan. 5, 2023. Bed Bath & Beyond Inc., a U.S. home furnishing chain store headquartered in New Jersey, is expected to continuously report poor operating results for the quarter ended Nov. 26, 2022, the company said on Thursday. (Photo by Ziyu Julian Zhu/Xinhua) TO GO WITH U.S. home furnishing retailer Bed Bath & Beyond sees poor quarterly results

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U.S.-NEW YORK-BED BATH & BEYOND-POOR QUARTERLY RESULTS

(230105) -- NEW YORK, Jan. 5, 2023 (Xinhua) -- A man is seen at a Bed Bath & Beyond store in New York, the United States, on Jan. 5, 2023. Bed Bath & Beyond Inc., a U.S. home furnishing chain store headquartered in New Jersey, is expected to continuously report poor operating results for the quarter ended Nov. 26, 2022, the company said on Thursday. (Photo by Ziyu Julian Zhu/Xinhua) TO GO WITH U.S. home furnishing retailer Bed Bath & Beyond sees poor quarterly results

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U.S.-NEW YORK-BED BATH & BEYOND-POOR QUARTERLY RESULTS

(230105) -- NEW YORK, Jan. 5, 2023 (Xinhua) -- A woman walks past a Bed Bath & Beyond store in New York, the United States, on Jan. 5, 2023. Bed Bath & Beyond Inc., a U.S. home furnishing chain store headquartered in New Jersey, is expected to continuously report poor operating results for the quarter ended Nov. 26, 2022, the company said on Thursday. (Photo by Ziyu Julian Zhu/Xinhua) TO GO WITH U.S. home furnishing retailer Bed Bath & Beyond sees poor quarterly results

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U.S.-NEW YORK-BED BATH & BEYOND-POOR QUARTERLY RESULTS

(230105) -- NEW YORK, Jan. 5, 2023 (Xinhua) -- People shop for vacuum cleaners at a Bed Bath & Beyond store in New York, the United States, on Jan. 5, 2023. Bed Bath & Beyond Inc., a U.S. home furnishing chain store headquartered in New Jersey, is expected to continuously report poor operating results for the quarter ended Nov. 26, 2022, the company said on Thursday. (Photo by Ziyu Julian Zhu/Xinhua) TO GO WITH U.S. home furnishing retailer Bed Bath & Beyond sees poor quarterly results

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Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

TOKYO, Japan - Taro Aso, state minister in charge of economic and fiscal policy, attends a press conference in Tokyo on March 12 after the government released a preliminary report that Japan's economy grew a real 0.8% on a quarterly basis in October-December. He said the government's targeted growth of 1.2% for fiscal 2000 will be achieved but added the economic outlook is uncertain.

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Japan's regional economies improve: BOJ

Kimihiro Eto, the Bank of Japan's Osaka branch manager, speaks at a press conference at the central bank's head office in Tokyo on Jan. 15, 2018, as the BOJ released its quarterly Sakura Report. Eto cited foreign tourists and exports as the main factors behind the Japanese economy's improvement. (Kyodo) ==Kyodo

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Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

TOKYO, Japan - Taro Aso, state minister in charge of economic and fiscal policy, attends a press conference in Tokyo on March 12 after the government released a preliminary report that Japan's economy grew a real 0.8% on a quarterly basis in October-December. He said the government's targeted growth of 1.2% for fiscal 2000 will be achieved but added the economic outlook is uncertain.