Egypt raised gasoline prices by up to 50 percent, the oil ministry said, under an IMF reform plan that calls for the slashing of state subsidies on some consumer products.
US consumer prices rose marginally in May amid a slowdown in increases in the cost of gasoline and the underlying trend continued to suggest moderate inflation in the economy.
Canada’s annual inflation rate in April cooled slightly to 2.2 percent from 2.3 percent in March, as prices in seven of the eight major components rose year-over-year, Statistics Canada said.
US consumer prices rebounded less than expected in April as rising costs for gasoline and rental accommodation were tempered by a moderation in healthcare prices.
US consumer prices cooled in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation.
Canada’s annual inflation rate dipped as expected in Dec as higher food costs were offset by a drop in gasoline prices, though underlying inflation continued to perk up.
The Labor Department said its Consumer Price Index excluding the volatile food and energy components rose 0.3 percent last month.
Saudi Arabia was set to raise local gasoline prices, state news agency SPA reported.
U.S. producer prices rose in Sept as the price of gasoline recorded its biggest increase in more than two years amid production disruptions at oil refineries.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
Partner Apotex may sell generic of Abraxane in U.S.
Telecom Department may clear Vodafone-Idea merger today
Dr. Reddys new drug hits legal hurdle
U.S. court issues restraint order following patent litigation over Suboxone
Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product
The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter
Board mulls reshuffle of top management
ICICI Prudential Life Chief Bakshi may be named ICICI bank interim