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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…
Argentina to hold interest rate at 97% as raging inflation eases – bank sources
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly…
Indonesia’s June inflation eases to lowest in 14 months
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s annual inflation rate in June eased to 3.52%, settling into the central bank’s target range for a second straight month, data from…
Toyota’s May global sales jump as parts supply shortage eases
TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth at home and other key markets on…
India’s cenbank may cut rates in early 2024 as inflation eases – S&P
MUMBAI (Reuters) – The Reserve Bank of India will likely start cutting the policy repo rate in early 2024 once headline inflation eases toward the 4% target, S&P Global Ratings said. “In…
German services sector growth eases in June, manufacturing slumps -flash PMI
BERLIN (Reuters) – German business activity slowed notably this month as growth in the services sector decelerated and a slump in manufacturing deepened, a preliminary survey showed on Friday. The HCOB German…
French central bank sees modest recovery as inflation eases
PARIS (Reuters) – The French economy is on course to avoid a recession this year while inflation pressures ease though growth and will only gradually pick up in the coming two years,…
Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with the core price growth measure, watched closely by the central bank, also…
Taiwan set to hold rates steady as inflationary pressure eases, exports remain weak: Reuters poll
TAIPEI (Reuters) – Taiwan’s central bank is expected to leave its policy rate unchanged this week, according to most economists polled by Reuters, as inflationary pressures ease and the island’s export-driven economy…
Sri Lanka lifts import limits on 286 items as crisis eases
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to emerge from…
Argentina eases access to ‘morning after pill’, broadening reproductive rights
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Argentina will no longer require a prescription to obtain emergency contraception, commonly known as the ‘morning after pill’, the government said on Wednesday, broadening reproductive…
Sri Lanka’s key inflation rate eases to 25.2% in May
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on the crisis-hit…
French inflation eases in May to 12-month low of 6.0%
PARIS (Reuters) – French inflation cooled more than expected in May to its lowest level in a year as energy and food price increases moderated, according to preliminary official data on Wednesday.…
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 (RBI) upper tolerance limit for the second…
Hong Kong’s January-March unemployment eases to 3.1%
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.1% in the January to March period, improving for the eleventh consecutive quarter as economic activity continued to pick up,…
South Korea March producer inflation eases to weakest in 25 months
SEOUL (Reuters) – South Korea’s producer inflation slowed in March to the weakest level in 25 months, central bank data showed on Friday, led by agricultural and petroleum products. The producer price…
Jackson ordinance eases restrictions, regulates houses of worship, Toms River could be next
TOMS RIVER, NJ – An ordinance introduced in Jackson to remedy the township’s civil rights lawsuits by the Department of Justice and Office of the Attorney General could have rippling effects in…
Sri Lanka’s key inflation rate eases to 50.3% in March
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday. The Colombo Consumer Price Index (CCPI)…
French inflation eases to six-month low in March
PARIS (Reuters) – French inflation slid in March to a six-month low – though by slightly less than forecast – as a sharp drop in energy price inflation helped offset surging food…
Toyota’s global sales notch up a February record as parts shortage eases
TOKYO (Reuters) – Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide…
ECB’s Lane backs more rate hikes even as inflation eases
DUBLIN (Reuters) – The European Central Bank is likely to increase its interest rates further in the coming months to fight high inflation in the euro zone even if there are some…
Greek EU-harmonised inflation eases to 7.3% y/y in January
ATHENS (Reuters) – Greece’s annual EU-harmonised consumer prices slowed to 7.3% in January from 7.6% in December, easing to its lowest level since February last year, data showed on Wednesday. Elevated costs…
UAE’s non-oil business activity eases to 12-month low in January
DUBAI (Reuters) – Growth in the United Arab Emirates’ (UAE) non-oil private sector slipped to a 12-month low in January, with weaker global economic conditions weighing on sentiment towards future activity, a…
Italy Jan EU-harmonised CPI eases to 10.9% y/y, slightly below forecast
Feb 1 (Reuters) – Italian EU-harmonised consumer prices (HICP) fell a preliminary 1.3% month-on-month in January, with annual inflation slowing to 10.9% from 12.3% in December, data showed on Wednesday. The 10.9%…
Sri Lanka’s key inflation rate eases to 54.2% in January
(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics department said on Tuesday. The Colombo Consumer Price Index (CCPI) reflected a 60.1%…
German harmonized inflation eases to 9.6% y/y in December
BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics office said…
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