Finance & Economics | WPN World People News

Consumer prices, selected areas

May 2015 percentage change on the same month of the previous year

On June 24, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Croatia.

1 July 2015 - Official Visit of Li Keqiang, Premier of the People's Republic of China to the OECD.

Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.

An International Monetary Fund (IMF) team led by Mr. Yongzheng Yang visited Myanmar during June 17 to July 1 to hold the 2015 Article IV consultation discussions. The team met with Vice President U Nyan Tun, Deputy Governors of the Central Bank of Myanmar (CBM) U Set Aung, Daw Khin Saw Oo, and U Soe Min, Deputy Minister of Finance Dr. Maung Maung Thein, and other senior officials. The team also held discussions with parliamentarians and private sector representatives.

International food prices decreased by 14% between August 2014 and May 2015, dropping to a five-year low, according to the latest edition of Food Price Watch.

EP President Martin Schulz said the EU institutions are appealing to the Greek people to vote in favour of their proposals during Sunday's referendum. Speaking about proposals made to continue economic support for the country, Schulz said Monday this represented "a hand stretched to the Greek people", adding that the result of the referendum would prove "fundamental" to Greece's position in the euro zone.

Ever since 2002, the National Statistical Office (NSO) and the World Bank have engaged in extensive co-operation involving building capacity of the statistical staff on developing a methodology for Household Income Expenditure and Living Standards Surveys and poverty measurement. An example of this long standing cooperation is the development of a credible methodology that can accurately demonstrate changes in the livelihoods of the Mongolian population, jointly estimating their outcomes and putting a stop to disagreements over poverty estimates in Mongolia.

On June 26, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Lebanon.

The World Bank Board Tuesday approved $650 million towards the third loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and finished goods between the northern and eastern parts of India.