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Producer Price Inflation shoots up to 29.1% in July 2024

PPI The Producer Price Index (PPI) rate for July 2024 was 29.1%, a 3.5 percentage point increase over that of June 2024. The month-on-month change …

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Cocoa jumps to one-month high as Ghana trims output forecast

Arabica coffee futures climbed for the sixth straight day in New York following renewed concerns over cold weather in top producer Brazil. Low tempe…

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business

IEA calls for policy ensuring all government appointees pay for electricity consumed

The Institute of Economic Affairs is calling for a policy that will ensure that all government appointees pay for their domestic electricity usage. …

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Fed minutes point to ‘likely’ rate cut coming in September

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a Sep…

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