AFP - Central African states must agree a common action plan to coordinate farming and food imports in response to the global food price crisis, a regional conference was told Monday.

Continue reading " Summit call for joint action on Africa food crisis (AFP) "

AFP - Worries about the health of Japan’s economy mounted Friday as inflation hit a new decade high on soaring commodity costs, casting a pall over the outlook for consumer spending.

Continue reading " Japan’s inflation hits fresh decade high (AFP) "

Reuters - Gold extended gains on Monday, regaining its appeal as a hedge against inflation, as oil prices bounced from a seven-week low and encouraged some investors to put their money back into bullion.

Continue reading " Gold rises as oil bounces, shrugs off India bombs (Reuters) "

AFP - China’s central bank said Sunday it would seek to create conditions for “relatively fast” economic growth in the coming months, despite the ongoing threat of inflation.

Continue reading " China targets stable, fast growth: central bank (AFP) "

AP - Consumer confidence in Europe’s biggest economy slid for a third straight month, falling to a more than 5-year low as higher energy prices, growing fears of a recession and concern about the global economy bothered German shoppers.

Continue reading " Rising inflation hits German confidence (AP) "

AP - The dollar was higher against the euro Thursday, a day after the president of the European Central Bank warned that an inflation price spiral was evident in the euro zone.

Continue reading " Dollar rises against the euro (AP) "

Reuters - The U.S. Federal Reserve should set
a price stability goal based on headline inflation rather than
core inflation, which strips out food and energy costs, a Fed
official said on Monday.

Continue reading " Fed’s Mishkin pushes for headline inflation goal (Reuters) "

Reuters - Stocks fell on Monday as investors
worried that the financial sector may be hit by more credit
losses, while a rise in the price of oil revived concerns about
inflation and consumer spending.

Continue reading " Wall St falls on financial jitters (Reuters) "

Reuters - Stocks fell on Monday, pushing the Dow
1 percent lower, as financial shares slid on fears about the
outlook for banks and a rise in the price of oil revived
concerns about inflation and consumer spending.

Continue reading " Wall St drops on credit worries, oil (Reuters) "

AP - Coming to a store near you: Even higher prices.

Continue reading " Inflation’s next front is retailers as costs rise (AP) "