http://news.bbc.co.uk – A key measure of inflation has fallen to its lowest level since September 2004, official statistics show. Read more »

http://newyug.blogspot.com – Indian inflation fell to its lowest in almost a year at the end of January, and analysts said last week's fuel price cut would trigger a sharp drop, providing the central bank more room to lower rates and fuel growth. Inflation has risen in two consecutive weeks, arresting the steep decline phase of the strike by truck drivers pushed up prices. But analysts said this was a mistake, and some are added to India can be for a period of deflation in May in Asia's third-largest economy slows down sharply from more than 9 percent in the last few years. Read more »

http://newyug.blogspot.com – Inflation today (January 29) rose to 5.64 percent in the last 12 months to 17 January slightly higher than last week's annual increase of 5.60 per cent.The annual inflation was 4.45 percent in the corresponding week last year. The wholesale price index has seen more than the consumer price index, which is published monthly, because it covers a larger number of products and is published weekly. Read more »

http://in.news.yahoo.com – Finance Minister P Chidambaram on Wednesday sought to ease the psychological pressure in the economy, set in with surging inflation and high interest rates hitting the industries, by saying that "right attitude and patience" could help the country face such problems. Read more »

http://making-update.blogspot.com – The U.S. lost jobs for a fifth month and the unemployment rate rose by the most in more than two decades, as an influx of students into the workforce drove the biggest jump in teenage joblessness since at least 1948. Payrolls fell by 49,000 in May, the Labor Department said today in Washington. The jobless rate increased by half a point to 5.5 percent, higher than every forecast in a Bloomberg News survey. The surge in youth unemployment exacerbated losses in every category except Hispanics. Read more »