creeping inflation

Creeping Inflation

Low, persistent inflation over time. Creeping inflation generally is not noticed at first, but nevertheless reduces the value of a currency significantly. For example, if the inflation rate is 3%, prices will double in only 33 years.

creeping inflation

small increases in the general level of prices in an economy.

See INFLATION, HYPERINFLATION.

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The strong policy response of the Bangko Sentral ng Pilipinas to address the creeping inflation toward the last quarter of 2019 has also helped stabilize the economy and calmed investors.
In FY18, a sound economic growth was underpinned by large fiscal and current account deficits of 6.8% and 5.7% of gross domestic product (GDP) respectively, a deteriorating exchange rate, falling foreign exchange reserves and creeping inflation.
That, and the signs of creeping inflation have the FOMC prepared to hike rates two more times this year.
From years of muted inflation and a strong peso, URC has seen creeping inflation and depreciating currency gnawing on margins.
Additionally, a global sell-off was triggered after fears of creeping inflation and higher borrowing costs compounded volatility in the markets across the globe.
Summary: Lebanese Eurobonds remained under downward price pressures this week, amid rising debt-to-GD ratio that has reached 150% at end-2017, while tracking US Treasuries declines following FOMCEe's January minutes that highlighted increased US economic growth and creeping inflation, which raised the likelihood that further gradual policy firming would be appropriate.
"While it is not yet too significant, we are wary that rising fuel prices is a creeping inflation," said Consunji.
He fears slower growth, a weakening pound, creeping inflation and PS100billion lost to the economy through Brexit will stall consumer spending next year.
This will lead to creeping inflation, interest rate rises and more expensive mortgages.
The Indian central bank has kept its short-term lending and borrowing rates unchanged, in line with expectations, balancing its policy action between a comforting, 7.4 per cent economic growth for the second quarter of this fiscal and a creeping inflation.
The effect of the strong US dollar on offshore operations and creeping inflation, in the form of higher labour costs, have also taken a toll, one that some strategists think is too pronounced.
Yellen made clear that despite a steadily improving job market and signs of creeping inflation, the Fed sees no need to raise short-term interest rates from record lows anytime soon.