Second earthquake of August rattles New Jersey
HILLSDALE, NJ – Northern New Jersey recorded its second earthquake of the month Tuesday afternoon when a small 0.4 magnitude tremor struck about 2 kilometers southwest of Hillsdale. The U.S. Geological Survey…
Israel annual inflation dips to 4.6% in August after topping 5% in July
JERUSALEM (Reuters) – Israel’s annual consumer price index (CPI) of inflation dipped to a 4.6% rate in August, the Central Bureau of Statistics said on Thursday, easing from a 14-year high of…
U.S. manufacturing output ekes out small gain in August
WASHINGTON (Reuters) – Production at U.S. factories edged up in August amid a decline at motor vehicle assembly plants, but gains in the output of machinery as well as computer and electronic…
Venezuela inflation accelerates to 8.2% m/m in August
CARACAS (Reuters) – Venezuela’s monthly inflation rate increased to 8.2% in August from 7.5% in July, according to data released on Tuesday by the country’s central bank. According to Reuters calculations, this…
U.S. August budget deficit widens from a year earlier
(Reuters) – The U.S. government posted a $220 billion budget deficit for August, up 29% from the $171 billion gap reported in the same month last year, as spending on health services,…
Boeing deliveries rose in August as it resumed 787 handovers
By David Shepardson WASHINGTON (Reuters) – Boeing jetliner deliveries rose in August to 35 airplanes as the U.S. planemaker resumed handovers of its 787 Dreamliner after a 15-month delay. Boeing said monthly…
U.S. small business sentiment rises in August- NFIB
WASHINGTON (Reuters) – U.S. small-business confidence improved in August as worries about inflation subsided and demand for workers remained strong despite the uncertainty shrouding the economy, a survey showed on Tuesday. The…
Brazil posts deflation in August as fuel prices fall
By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices decreased 0.36% in August, marking the second consecutive month of deflation as fuel prices dip, government statistics agency IBGE said on Friday.…
Canada loses 39,700 jobs in August, jobless rate climbs to 5.4%
TORONTO (Reuters) – Canada’s economy shed jobs for the third month in a row in August, losing a net 39,700 jobs, entirely in full-time work, Statistics Canada said on Friday. The jobless…
Greek inflation slows to 11.4% y/y in August, still near three-decade high
ATHENS (Reuters) – Greece’s annual consumer inflation slowed to 11.4% in August from 11.6% in the previous month, but remained close to its highest level in nearly three decades, data showed on…
India inflation likely rose in August, snapping 3-month downtrend – Reuters poll
By Arsh Tushar Mogre and Anant Chandak BENGALURU (Reuters) – India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a Reuters poll of economists found, which…
China debt sees portfolio outflows despite nascent recovery for EM in August – IIF
By Jorgelina do Rosario LONDON (Reuters) – China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from the Institute of International Finance (IIF) showed,…
Mexico annual inflation reaches 8.70% in August
(Reuters) – Mexican annual inflation rose in August to its highest level in nearly 22 years, official data showed Thursday, rising faster than expected and supporting bets the central bank may continue…
Canada’s Ivey PMI shows activity expanding in August
TORONTO (Reuters) – Canadian economic activity expanded in August as employment increased at a faster pace, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. The seasonally adjusted index rose to 60.9…
Global supply pressures continued decline in August – NY Fed
WASHINGTON (Reuters) – An index of global supply pressures eased again in August, continuing a steady decline from its Dec. 2021 peak, the New York Fed reported on Wednesday. The index remained…
China trade surplus with U.S. narrows to $36.77 billion in August
BEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations based on customs data on Wednesday. (Reporting…
Tech stocks lured hedge funds in August -report
NEW YORK (Reuters) – Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active buying since February 2021, according to a…
U.S. service sector keeps momentum in August; price pressures ease – ISM survey
(Reuters) – The U.S. services industry picked up again in August for the second straight month amid stronger order growth and employment, while supply bottlenecks and price pressures eased, reinforcing the view…
India inflation rate likely rose to 6.9% in August – Deutsche Bank
MUMBAI (Reuters) – Deutsche Bank estimates that India’s consumer price index (CPI) firmed to 6.9% year-on-year in August, while core inflation likely stood at 6%. The Asian nation will report the data…
Kenya private sector activity drops for fifth straight month in August -PMI
NAIROBI (Reuters) – Kenyan private sector activity contracted for the fifth consecutive month in August amid a broader slowdown as the country held elections, a survey showed on Monday. The S&P Global…
UK economy slides into contraction in August, PMI suggests
LONDON (Reuters) – Britain’s economy ended August on a much weaker footing than previously thought as overall business activity contracted for the first time since February 2021 in a clear signal of…
Euro zone business activity contracted again in August -PMI
LONDON (Reuters) – Euro zone business activity contracted for a second month in August as demand sank, with customers wary of the deepening cost of living crisis and gloomy economic outlook curtailing…
French services sector ekes out growth in August – PMI
PARIS (Reuters) – France’s dominant services sector lost more steam in August, and the outlook among purchasing managers appears bleak, a survey showed on Monday. S&P Global said its final monthly purchasing…
Italy service sector returns to modest growth in August – PMI
ROME (Reuters) – Italy’s service sector grew slightly in August after contracting the month before as inflationary pressures eased somewhat, a survey showed on Monday. S&P Global’s Purchasing Managers’ Index (PMI) for…
Spanish services sector growth slows to a crawl in August – PMI
MADRID (Reuters) – Activity in Spain’s services sector expanded in August at the slowest rate since January, with companies concerned that inflation will weigh on their profits and on customers’ demand, a…
Thai headline CPI meets forecast in August, may have peaked
By Kitiphong Thaichareon and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s headline inflation rate in August rose slightly from the previous month to a 14-year high, in line with forecast and reinforcing expectations…
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