Consumer prices rose
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Gasoline Pushes Consumer Prices to 10-Month High - NYTimes.com - 0 views
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Consumer prices rose 2.9 percent last month from the same period a year ago, unchanged from January but down from a peak of 3.9 percent in September.
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The core index was up 2.2 percent over the 12 months through February, down from 2.3 percent in January.
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Production at the nation’s mines, factories and utilities held steady last month after a 0.4 percent gain in January
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BBC News - China inflation growth dims hopes of interest rate cut - 0 views
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inflation
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interest rate
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costs pushed up
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Consumer prices grew by 3.6% in March from a year earlier, up from 3.2% in February. Analysts had forecast an increase of 3.3%.
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set a target of 4% for 2012.
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central bank to hold back on monetary policy easing for now.
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China's economy grew by 8.9% in the three months
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slowing demand for its exports
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speculation that the central bank may cut the cost of borrowing in a further attempt to boost growth.
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Lost in inflation: the trap of focusing solely on the consumer price index | The Japan ... - 3 views
www.japantimes.co.jp/...nb20120220jp.html
Inflation Monetary Policy Fiscal Policy Balance of Payments
shared by Edward Pearson on 31 May 12
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interest rate policy since February 1999
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the government's fiscal policy options are starting to run out
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This is reflected by globalized Japan's descent into its first trade deficit since 1980
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prices in Japan remain very high by international standards.
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cannot pin their hopes on wage increases
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They should step back and take a look at the big picture, including Japan's abnormally high prices,
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Oil Gains a Third Day on Demand Outlook as Supplies Drop - Bloomberg - 2 views
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Brent oil for July settlement gained 26 cents, or 0.3 percent, to $99.10 a barrel on the London-based ICE Futures Europe exchange.
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New York crude is set to rebound based on a technical indicator that shows a decline of more than 20 percent fro
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“The inventory decline doesn’t change the overall outlook much, but at least it’s headed in the right direction,”
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The relative strength index, or RSI, has been below 30 since May 11, signaling that oil is poised to climb, said Richard Ross, a technical analyst at brokerage Auerbach Grayson & Co. in New York. The 14-day RSI, which identifies possible turning points in markets, dropped to 16.3 on June 1, the lowest level since February 1986.
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US airlines boost domestic long-haul fares | Reuters - 0 views
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United Continental Holdings (UAL.N), AMR Corp's American Airlines (AAMRQ.PK), Southwest Airlines (LUV.N) and US Airways (LCC.N) all said they have matched it
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Oil prices initially rose on Thursday as the euro rallied and a Nigerian union threatened to shut down output, but they later eased on a report that the European Union could delay a ban on Iranian exports by six months. U.S. February crude oil was down 1.6 percent at $99.26 a barrel after earlier reaching above $102.
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d a $3 surcharge each way unveiled by Delta on fares purchased in the United States for flights between the United States and Europe
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