Archive for November 3rd, 2011

The rate of inflation in Trinidad and Tobago has started climbing again.

Headline inflation rose in the month of September, after having slowed to a historic low of 0.6 per cent in August.

Headline inflation, measured by the 12-month increase in the Index of Retail Prices, rose to 2.5 per cent in September.

This has been attributed to increased food prices.

The Central Bank said in a statement yesterday that based on figures from the Central Statistical Office (CSO), food inflation rose by 4.3 ...

European milling wheat futures were firm on
Thursday, mainly driven by short covering on the front month contract which
expires next week, and supported by strong equity markets.
* Traders short of 100 lots on the November contract need to provide a
storage certificate by Friday, which attracted heavy buying on the contract and
lead its premium over the following contracts January and March
to extend their rise to 7.00 euros and 9.00 euros respectively.
* “It’s even tighter now ...