South Africa's headline consumer inflation rose to 3.2% year on year in January from 3.0% in December , data from the statistics agency showed on Wednesday.
Inflation appeared nearly defeated just a few months ago, but price hikes started accelerating again, led in particular by rising egg prices and fuel costs. A nation that has grown weary of inflation has turned its hopes to President Donald Trump to help fix its affordability crisis.
More than half of consumers say rising inflation is impacting their tipping habits, according to a new survey.
Tom Bevan spoke with Kevin Warsh of the Hoover Institution about what the Trump administration can do to curb inflation. Warsh served as a member of the Board of Governors of the Federal Reserve from 2006 until 2011 and is considered a leading contender to be the next chairman of the Federal Reserve.
Just 1 in 3 people approve of the job President Trump is doing to curb inflation, a survey released Sunday found. Thirty-two percent of respondents in the poll, released Sunday by Reuters and
Consumers are “clearly bracing for a resurgence in inflation,” said Joanne Hsu, director of the University of Michigan’s Surveys of Consumers.
Support for Brazil's President Luiz Inacio Lula da Silva has dipped sharply and now trail his disapproval rating, a CNT/MDA poll showed on Tuesday, the latest in a series of surveys pointing to views of the leftist leader turning negative.