Price stability

Japan inflation slows to 3.1 pct in February

Japan's consumer prices rose 3.1 percent in February from a year earlier, slowing from the four-decade highs seen in previous months, government data showed on March 24.

The figure, which excludes volatile fresh food, met market expectations and comes after the government introduced relief measures for soaring energy bills.

Inflation in Germany hits a 70-year High

German annual inflation accelerated in September to 10%, hitting the highest level in more than 70 years, according to final unrevised data from Germany's official statistics agency Destatis.

The consumer price index (CPI) rose 1.9 percent in September from August, when it rose 0.3 percent, marking the strongest monthly gain since March, when it jumped 2.5 percent.

All policy instruments used to fight inflation: Minister

All economic policy instruments will be used in the most effective way in the fight against inflation, Treasury and Finance Minister Nureddin Nebati has said.

"We will beat inflation permanently," said Nebati, speaking at the Uludağ Economy Summit 2022 in the northeastern province of Sakarya on Oct. 7.