Inflation

Labor Department’s latest report on inflation shows some respite in U.S. economy as inflation increased only by 0.2 percent. The latest figures for the month of January and are below analysts' expectations.

The UK economy witnessed a sharp rise in consumer price inflation in January. According to the report released by the Office for National Statistics, the inflation rose to 3.5 percent last month, far above 2 percent anticipated by the government.

Beijing -- China's January inflation rose 1.5 percent from last January, but was down from the 1.9 percent rise in December, the government said Thursday.

New York, January 10 -- After experiencing a weakening currency, Venezuelan President Hugo Chavez on Saturday announced government’s intervention in the country’s black markets in order to save the falling currency.

New York, January 7 -- The minutes of the central bank's meeting held on Dec. 15-16 last year were released Wednesday after the standard three-week gap.

New York, August 31: In a convincing sign that the European economy is on the road to recovery, euro zone prices fell more slowly in August from a year ago, the European Union statistics agency Eurostat said Monday.

New York, August 31: The trillions of dollars pumped into the U.S. economy will accelerate inflation later this decade, according to the survey of business economists.

Miami Beach, Fla. -- Miami defensive end Randy Starks was jailed Sunday after allegedly pushing a police officer with his vehicle during a traffic stop, a police report showed.

New York -- The European Union's statistical office Eurostat said inflation was stable in the first quarter, but productivity had declined substantially.

Beijing -- China said Monday its consumer price index fell 1.5 percent in April from the year-ago level, the third straight monthly decline in the inflation index.