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Inflation

13 stories

Russian Finance Ministry Downgrades Growth Forecasts; Water, Sewage Industries to Be Hit Hard

MOSCOW, Russia — On April 11 the Russian Ministry of Finance again downgraded its growth forecasts for the country’s economy this year.

Brazil Increases 2012 Inflation Forecast Due to Drought

BRASILIA (Nasdaq) — Brazil'sPlanning Ministry raised on Tuesday its forecast for consumer price increases in 2012 and called on the government to reduce its target for the primary surplus in the year. In its la

Polish Supply Prices to Rise Due to Shrinking Populations, EU Regulations

WARSAW, Poland — The prices of water supply services are expected to go up by 30 percent in Poland next year, Polish daily newspaper Dziennik Gazeta Prawna reported this week.

Drought's Effects on Inflation to Be Seen Until the End of 2010

Russia, YALTA (RIA Novosti (Russia)) — The effects of this summer's drought on Russian inflation will likely persist until the end of 2010, according to Russian Finance Minister Alexey Kudrin. "In the beginning of the next

Manila Water Announces Hike in Water Rates

MANILA, Philippines — Manila Water Co, one of the two water concessionaires for Metro Manila, has announced plans to raise water rates to factor in inflation and losses made on the foreign exchange front.

Water, Power Tariffs to Go Up

TALLINN, Estonia (Baltic Business News) — Power and water tariffs are expected to go up at the beginning of the year in Estonia. The increase could indicate that Estonia's inflation rate will remain higher than 2

High Water Tariffs Raise Concerns in Inflation-Hit Kenya

nairoBi, Kenya — The Kenyan public, already reeling from inflationary pressures at the end of 2008, is bracing for an anxious new year as the government implements a revised water tariff structure that calls for a

Rand Water and Umgeni Water Up Despite a Down Market

JOHANNESBURG, South Africa — Despite the fact that tariff increases were below inflation for the two companies, Rand Water and Umgeni Wate — South

Chile Plans to Raise Water Prices This Month

CHILE, SANTIAGO — Water prices in Chile are expected to rise again this month in line with the country's rising rate of inflation. Chileans will face an average 3.4 percent rise in water costs in October,

Bulgaria: Rising Utility Costs Push Up Inflation

SOFIA, Bulgaria (The Sofia Echo) — — Utility costs are a major source of inflationary pressure that could see the country's inflation rate hit over 8 percent this year, according to a report by Raiffeisen Bank of Austria.

Bulgaria: Water Prices Go Up in Bulgaria

SOFIA, Bulgaria (Sofia News Agency) — - The price of water supply, as well as a number of other commodities, has risen in Bulgaria, according to National Statistical Institute data released Monday.

The statistics also showed the

China Urges Cities to Rethink Water Price Hike

BEIJING, China — - China's central government has urged cities to rethink plans to raise water prices, in order to rein in the rate of inflation, which is nearing a new high.

In February this year, the country's

China's Water Price Freeze: An Economic or Political Measure?

BEIJING, China — — China has moved to contain the country's rampant inflation by capping price rises on essential services, including water.

The National Development and