Retail sales in South Korea increased 7.5 percent year-on-year for the month of September, as more people ventured outdoors amid eased antivirus curbs, data showed on October 31.…
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Thai salaries to rise 2.2 percent in 2023
Despite inflation, Thailand’s wages are expected to rise 2.2 percent next year, the eighth highest in the world. According to a new survey, only 37 percent of countries globally expect to see real-ter…
Singapore retail sales gains 13 percent in July
Singapore retail sales surged by over 13 percent in July, growing at a slower pace than June, as inflation hit new highs during the month. According to figures released by the Department of Statistics…
Brace yourselves, the price of ramen is set to rise
Increasing food costs are set to lead to a price hike for ramen, Koreans’ favorite instant food. It probably would not have been that big of news for non-Korean consumers as World Food Data Cent…
Inflation in Indonesia has reached highest level in seven years
A 4.94 percent inflation rate was recorded in July, the highest rate in seven years. Not only are commodities in short supply, but imported materials are expensive. Last month’s inflation rate was the…
Hong Kong’s consumer price index increases by 1.5 percent in the last six months
The consumer price index (CPI) for Hong Kong increased by 1.5 percent during the last six months compared to the same time in 2017. Officials anticipated that overall inflation would stay low in the f…
Consumer inflation in Japan is expected to be higher in May
The core consumer price index in Japan is predicted to rise 2.1 percent from last May, marking the second month in a row that it has risen above the central bank’s 2 percent inflation target.…