Saudi inflation steady at 2.7% in April, driven by housing
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate was 2.7% in April, unchanged from the previous month, driven mostly by housing rental costs, government data …
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Swedish inflation dips more than expected in April, easing cbank worries
STOCKHOLM (Reuters) – Inflation in Sweden slowed faster than expected in April, data from the statistics office showed on Monday, good news for the central …
German April wholesale prices post first y/y drop since Dec 2020
BERLIN (Reuters) – Germany’s wholesale price index fell slightly in April compared to the same month last year, the first year-on-year drop since December 2020, …
S.Korean house prices fall in April for 11th straight month
SEOUL (Reuters) – South Korean house prices weakened for an 11th consecutive month in April – its longest streak of declines in 11 years – …
65-year-old woman involved in fatal motorcycle crash in April passes
NEW CASTLE, DE – A fatal motorcycle collision that occurred on Wednesday, April 20, 2023, is under investigation by the Delaware State Police. The incident …
India’s April retail inflation eases to 18-month low on softer food price
By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below the Reserve Bank of India’s …
Pittsburgh Man Faces Charges for April Shooting Incident
PITTSBURGH, PA – An arrest warrant has been issued for Jaquan Steadman, 24, of Pittsburgh, relating to a shooting incident on April 28, in the …
Volkswagen’s April deliveries jump 39% thanks to China boost
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to …
Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
JAKARTA (Reuters) – Indonesia’s April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday …
Japan core CPI likely re-accelerated in April despite energy subsidies- Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s core consumer inflation likely re-accelerated in April, a Reuters poll of 19 economists showed, as a flurry of …
US producer prices increase moderately in April
WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further …
British home-buyers, facing higher interest rates, retreat in April – RICS
By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned more cautious ahead of the …
India inflation likely hit 18-month low in April- Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, …
China’s car sales rise 2.1% in April as price war effect fades
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring a slower pace of growth …
China’s April iron ore imports up 5% y/y at 90.4 million tonnes
BEIJING (Reuters) – China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data showed on Tuesday, as …
UK sales growth holds steady in April, retailers hope for better summer
By Suban Abdulla LONDON (Reuters) – British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, …
Australia business activity robust in April, cost pressures still a challenge
SYDNEY (Reuters) – Australian business conditions remained sturdy in April, supported by robust sales and labour market strength despite high inflation and rising interest rates, …
China forex reserves rise to $3.205 trln in April
BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the dollar fell against other major …
Solid April US jobs report undermines case for Fed cut soon
NEW YORK (Reuters) – U.S. employers boosted hiring in April while raising wages for workers, pointing to sustained labor market strength that could see the …
Instant View: Canada gains 41,400 jobs in April, jobless rate holds at 5.0%
TORONTO (Reuters) – Canada’s economy gained a net 41,400 jobs in April, entirely in part-time work and ahead of analyst forecasts, Statistics Canada data showed …
NYPD seeks suspect in April hate crime case
NEW YORK CITY, NY – The New York City Police Department’s Hate Crime Task Force is actively investigating an assault that occurred on April 13 …
Global copper smelting slides to two-year low in April -satellite data
LONDON (Reuters) – Global copper smelting activity slid in April to the lowest level in two years as Chinese operations shut for maintenance and plants …
UK construction output rises in April, house-building drag intensifies -PMI
By Suban Abdulla LONDON (Reuters) – Activity in Britain’s construction sector increased in April but growth was lopsided, with residential house-building suffering its steepest decline …
Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories declined, Ivey Purchasing Managers Index …
Staging partial recovery, Russia’s April car sales leap 170.4% y/y – Autostat
(Reuters) – Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the country’s bruised car market staging …
Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indicated, as robust services more …
Upturn in German services sector activity continues in April
BERLIN (Reuters) – German services sector activity grew in April at the fastest pace in a year as demand picked up, a business survey showed …
Italy’s service sector grows in April at fastest rate since Aug 2021 – PMI
ROME (Reuters) – Italy’s services sector grew for a fourth month running in April and at the fastest rate since August 2021 amid rising confidence …
Kenya private sector activity falls in April – PMI
NAIROBI (Reuters) – Kenya’s private sector activity fell in April as both the manufacturing and services sectors slowed, with inflation and political unrest leading to …
Russian services activity grows for third month running in April
(Reuters) – Growth in domestic client demand spurred increased activity in Russia’s services sector in April as new export business contracted, a business survey showed …
U.S. services sector grows steadily in April -ISM survey
WASHINGTON (Reuters) – The U.S. services sector maintained a steady pace of growth in April as new orders increased amid a surge in exports, but …
Ryanair traffic jumps 13% in April to record third busiest month ever
DUBLIN (Reuters) – Ryanair flew 16 million passengers in April, up 13% year-on-year to record its third busiest month for traffic ever, Europe’s largest airline …
Italy March jobless rate edges down to 7.8%, lowest since April 2020
ROME, May 3 (Reuters) – Italy’s unemployment rate edged down to 7.8% in March from 7.9% in February, data showed on Wednesday, as some 22,000 …
Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to a trickle in April thanks …
Thailand’s April headline inflation lowest in 16 months, to drop further
BANGKOK (Reuters) – Thailand’s headline inflation dropped to its lowest in 16 months in April thanks to lower energy and food prices and a high …
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according …
Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official statistics agency ISTAT said on …
Global companies by market cap: Tesla fell most in April
(Reuters) – Tesla Inc was the biggest loser among top companies by market capitalisation in April, hit by disappointing quarterly earnings after it posted the …
South African factory activity contracts less in April – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity contracted again in April but less than in February and March, helped by companies building up inventories, a …
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter of 2023, but manufacturers were …
German manufacturing contracts in April but output ticks up -PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased output slightly as their supply …
French manufacturing contracts further in April – final PMI
PARIS (Reuters) – France’s manufacturing sector contracted further in April as new orders fell and the impact of protests against the government’s plans to increase …
Turkish factory activity growth gathers pace in April -PMI
ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its …
Russian factory activity expands in April as export orders pick up
MOSCOW (Reuters) – Activity in Russia’s manufacturing sector grew for the 12th month running in April, and new export orders ended a 14-month sequence of …
South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak in six years, a survey …
Blackstone limits REIT investor redemptions again in April
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc on Monday said it had again limited withdrawals from its $70 billion real estate income trust …
China new home prices up slightly in April, less cities post gains – survey
BEIJING (Reuters) – Prices of new homes in 100 Chinese cities rose a touch in April in an extension of modest gains seen in March, …
Japan’s factory activity contracts at slower pace in April – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for the sixth straight month in April, but the details of a private survey released on Monday showed …
China non-manufacturing activity expands more slowly in April – official PMI
BEIJING (Reuters) – China’s non-manufacturing activity expanded at a slower pace in April, official data showed on Sunday, a discouraging sign for policymakers counting on …
German inflation expected to ease in April
BERLIN (Reuters) – Inflation looks set to ease in Germany in April on the back of lower food and energy prices, preliminary data from six …