WELLINGTON - New Zealand's annual consumer inflation rose slightly less then expected in the third quarter, dampening expectations of an interest rate rise this week even though it remained well above the central bank's target band.

Canadas annual inflation rate in September dropped to its lowest level in 2 years as gasoline prices staged their biggest monthly retreat on record, Statistics Canada said Friday.

US core inflation fell back to 0.2% mm in July (we had expected 0.3%mm) after hovering at 0.3% for the past five months. The annual rate of core inflation in July was unchanged at 2.7%. Headline inflation posted a 0.4% mm (4.1% yy) reading as energy prices rose by 2.9% mm in July. However, the devil is hiding in the details. A drop in apparel prices of 1.2% mm accounted for much of the 0.1% mm fall in commodity core inflation. The drop in apparel prices was the biggest since September

Romania is set to register in 2005 the biggest annual economic growth from among all Central and Eastern European countries, but also the highest inflation rate, according to a UniCredit survey.

Indonesia's central bank has cut interest rates from 10.75% to 10.25% - the sixth reduction this year. The half-point cut was prompted by a big drop in the annual inflation rate. It fell by more th...

House prices are continuing to strengthen, according to the latest survey, although the annual rate of inflation eased back from its recent peak.

INDONESIA cut its key interest rate by a half a percentage point to 11.75 per cent yesterday, the third reduction this year, after annual inflation fell to a 10-month low.