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Italian firms less gloomy on outlook as inflation eases -central bank survey
MILAN (Reuters) – The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of Italy said…
Indonesia’s Dec inflation eases more than expected
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s annual inflation rate cooled more than expected in December to 2.61%, within the central bank’s target range, official data showed on Tuesday.…
South Korea inflation in December eases for second month
SEOUL (Reuters) -South Korea’s annual consumer inflation eased for a second month in December and came in below market expectations, backing policymakers’ outlook that price pressure will gradually ease through 2024. The…
Peru again cuts interest rate as inflation eases
By Kylie Madry (Reuters) – Peru’s central bank on Thursday cut its interest rate by 25 basis points to 6.75%, in line with expectations and as the speed of price increases in…
German services sector downturn eases in November -PMI
BERLIN (Reuters) – Business activity in the German services sector declined in November although at a slower rate than the previous month, a survey showed on Tuesday. The HCOB final services Purchasing…
Saudi non-oil activity eases in November but outlook improves -PMI
DUBAI (Reuters) – Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in export demand and inflationary pressures weighed, but the outlook was…
Tech giants lead surge in global mega-caps as inflation eases
(Reuters) – Market capitalisations of global mega-cap companies, led by prominent technology firms, surged in November, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts by global…
Mexico central bank could ‘adjust’ rates in early 2024 if inflation eases, board member says
MEXICO CITY (Reuters) – Mexico’s central bank could “adjust” its interest rates by February or March 2024 if inflation continues to drop, board member Jonathan Heath said on Monday, added that a…
India’s retail inflation eases to 4.87% in October
(Reuters) – India’s retail inflation eased in October on lower food prices, edging closer to the central bank’s medium-term target of 4%, which it has said would need to be firmly in…
Egypt’s headline inflation eases to 35.8% in October
CAIRO (Reuters) – Egypt’s annual urban consumer price inflation rate dropped to 35.8% in October from a record high of 38.0% in September, data from the country’s statistics agency CAPMAS showed on…
Oil traders race to negotiate deals after US eases Venezuela sanctions
By Marianna Parraga, Laura Sanicola and Arathy Somasekhar HOUSTON (Reuters) – Global energy traders are emerging as early buyers of Venezuela’s stocks of crude and fuel oil following last week’s easing of…
Sri Lanka inflation rate eases to 0.8% in Sept vs 2.1% in Aug
COLOMBO (Reuters) -Sri Lanka’s consumer price inflation rate eased to 0.8% year-on-year in September from 2.1% in August, the statistics department said on Monday. The National Consumer Price Index captures broader retail…
UK grocery inflation eases to lowest level since July 2022 -Kantar
By James Davey LONDON (Reuters) – British grocery inflation eased to its lowest rate for 15 months heading into October, industry data showed on Tuesday, providing more relief for shoppers hurt by…
Mexico’s inflation eases further in September, still above bank target
(Reuters) -Mexico’s annual inflation eased in September for the eighth consecutive month and stood at 4.45%, still above the central bank’s target, data on Monday showed, supporting forecasts the bank will keep…
Peruvian annual inflation eases to lowest level in more than two years
(Reuters) – Annual inflation in Peru decelerated to 5.04% in September to hit its lowest level in more than two years, according to official figures published on Sunday, though consumer prices remained…
Slump in UK retail sales eases in September, CBI says
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the months ahead, the Confederation of British Industry…
French inflation to decline as pressure from food eases -INSEE
PARIS (Reuters) – French inflation should decline in the coming months slightly more than expected as food price pressures ease, the national statistics agency said on Thursday, while forecasting meagre economic growth…
Bank of Israel to stay on hold as inflation eases but hike cycle may not be done: Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged this week, as it did in July with inflation easing, but the rate hike cycle…
Sri Lanka’s key inflation rate eases to 4% in August
COLOMBO (Reuters) -Sri Lanka’s key inflation rate eased to 4% in August from 6.3% a month ago, the statistics department said on Thursday, marking continued stabilisation for the crisis-ridden economy. Soaring inflation…
Israel inflation eases to 3.3% rate, lowest since March 2022
JERUSALEM (Reuters) – Israel’s inflation rate eased to a 16-month month low of 3.3% in July from 4.2% in June, a drop that could continue to keep further Bank of Israel interest…
UK shop price inflation eases in July: BRC
LONDON (Reuters) – Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday. The British Retail Consortium said annual shop price inflation…
Decline in UK manufacturing orders eases in July: CBI
LONDON (Reuters) – British manufacturing orders declined in July at the weakest rate this year, while expectations for increases in selling prices cooled further, an industry survey showed on Tuesday. The Confederation…
Russian rouble eases as central bank makes big rate hike
By Alexander Marrow (Reuters) – The rouble weakened against the dollar on Friday after the Bank of Russia hiked rates by a more-than-expected 100 basis points, pointing to rising inflationary pressures, with…
Strong U.S. demand eases pressure on Novo to show weight-loss drug’s health benefits
By Maggie Fick LONDON (Reuters) – Soaring U.S. demand for Novo Nordisk’s weight-loss drug has reduced the pressure from investors on the company to deliver strong results in its trial to test…
Global PC shipments decline eases in Q2, Apple outperforms on MacBook Air demand – Canalys
(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51% jump thanks to strong demand for its recently launched 15-inch…
Fed lending to banks eases a bit in latest week
NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank’s discount window stood at $3.4 billion on…
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