ECONOMY

Food accounts for 46% consumption basket, giving it outsize role in determining headline inflation

Inflation has been climbing up since the float in November

Five-year bullet loan is co-financed by eight major international banks

Statistics bureau also said it expected output to rise 2.27% in 2018

Officials are still uncertain how to signal changes in their policy settings

Foreign ministry spokeswoman appealed for dialogue to preserve stable relations

Global GDP is projected to increase by 3.4% in 2017

Key components of inflation basket are either zero-rated or exempt

The country’s GDP will grow 2.5% in 2017 and 3.2% next year

Firms are expected to use price discounting to boost sales

The second quarter performance is below the 7.1% growth in the same period a year ago, when election-related spending boosted the economy

Minutes of July 25-26 meeting show unanimous vote to keep rates unchanged

Nafta has cost US at least 700,000 jobs since 1994, top US trade official said

The 0.6 per cent expansion matched an August 1 estimate

Pair looked at ways to boost economic and development cooperation