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 …
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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 …
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 …
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 …
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in …
UAE non-oil private sector growth eases further in December -PMI
DUBAI (Reuters) – Growth in the non-oil private sector in the United Arab Emirates slowed for a second consecutive month in December, while output growth …
South Korea eases property regulations across capital Seoul
SEOUL (Reuters) – South Korea’s finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, …
Saudi non-oil private sector activity eases in December
DUBAI (Reuters) – Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed on Tuesday, although higher sales …
Canada’s inflation eases a notch, leaves door open for another rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased to 6.8% in November as gasoline price rose more slowly, data …
Sri Lanka’s national consumer price inflation eases to 65% in Nov
(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said …
German wholesale price index eases in November
BERLIN (Reuters) – Germany’s wholesale price index eased in November compared to the previous month, as signs mounted that inflation could peak in Europe’s largest …
Futures jump as CPI data eases jitters over interest rates
(Reuters) – U.S. stock index futures rose sharply on Tuesday after a smaller-than-expected rise in U.S. consumer prices boosted bets that the Federal Reserve would …
Chinese People Rejoice After Xi Backs Down, Eases COVID Lockdowns
Chinese People Rejoice After Xi Backs Down, Eases COVID Lockdowns Micaela Burrow on December 7, 2022 Chinese citizens rejoiced on Wednesday after Beijing scrapped its …
Yuan jumps past 7 per dollar as China eases some COVID curbs
SHANGHAI (Reuters) – China’s yuan firmed past the closely watched 7-per-dollar level on Monday, hitting its strongest since mid-September, as Beijing eased some of its …
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on …
German inflation in key states eases in November
BERLIN (Reuters) – German inflation dipped in five states in November, data showed on Tuesday, suggesting cost pressures eased in Europe’s largest economy – a …
China Eases Lockdowns As Massive Protests Erupt Across The Country
China Eases Lockdowns As Massive Protests Erupt Across The Country Micaela Burrow on November 28, 2022 Chinese authorities eased on some COVID-19 restrictions, including one …
U.S. business activity weakens further; euro zone downturn eases slightly
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity contracted for a fifth straight month in November as higher interest rates slowed …
German downturn eases in Nov, bringing hope for milder recession -flash PMI
BERLIN (Reuters) – The downturn in German economic activity eased in November, a preliminary survey showed on Wednesday, as firms saw price pressures retreat from …
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export the equivalent of $10,000 in …
Hong Kong’s August-October unemployment eases to 3.8%, improving for 6th straight period
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.8% in the August-October quarter, improving for the sixth consecutive period as economic …
Pentagon audit eases Ukraine arms shipments, despite failing grade
By Mike Stone WASHINGTON (Reuters) -An audit of the Pentagon’s finance systems and weapons stocks has made it easier for President Joe Biden’s administration to …
Saudi inflation eases to 3% in October
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate eased to 3% in October from 3.1% in September, with higher food prices driving the latest price …
French unemployment eases back to 14-year low in third quarter
PARIS (Reuters) -Unemployment in France eased back to its lowest in 14 years in the third quarter, official data showed on Tuesday, a figure that …
India’s October WPI inflation eases to 8.39% y/y
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March 2021, helped by a fall …
Sri Lanka’s key inflation rate eases to 66% in October
(Reuters) -Sri Lanka’s key inflation rate eased to 66% in October after hitting 69.8% in September, the crisis-struck country’s statistics department said on Monday. The …
Supply chain data eases, giving some hope for U.S. inflation relief
By Michael S. Derby NEW YORK (Reuters) -The supply chain pressures that were so instrumental to driving up U.S. inflationary pressures at the onset of …
India’s September WPI inflation eases to 10.70% y/y -govt
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in September to 10.70% year-on-year from 12.41% the previous month, government data showed on …
Mexico inflation pact eases food oversight in ‘goodwill’ move
By Adriana Barrera MEXICO CITY (Reuters) – Mexico’s move to exempt some foodmakers and retailers from quality checks from national health regulators as part of …
Heavy rain eases in Australia’s east, flood threats remain
SYDNEY (Reuters) – Heavy rains eased across Australia’s east on Monday, a slight relief for flood-weary residents but authorities warned another intense weather system could …
European shares log best day since mid-March as interest rate angst eases
By Devik Jain and Amruta Khandekar (Reuters) -European shares rose sharply on Tuesday, in line with global peers, boosted by growing hopes that central banks …
Argentina’s economic crisis draws protests even as poverty rate eases
BUENOS AIRES (Reuters) – Argentina’s deep economic slump drew thousands to the streets on Wednesday, as protesters demanded action to counter sky-high inflation and help …
Cathay Pacific to increase flight frequencies after Hong Kong eases quarantine restrictions
HONG KONG (Reuters) – Cathay Pacific Airways Ltd on Friday said it plans to add more than 200 pairs of passenger flights in October to …
Hong Kong’s June-August unemployment eases to 4.1%, outlook improving
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 4.1% in the June-August quarter, improving for the fourth consecutive period as economic …
Taiwan August export orders likely contract as demand eases – Reuters poll
TAIPEI (Reuters) – Taiwan’s export orders likely contracted for a second straight month in August, and at a similar pace from the previous month as …
Fed’s Barkin warns rates must stay high until inflation eases- FT
(Reuters) – The U.S. Federal Reserve must lift interest rates to a level that restrains economic activity and keep them there until policymakers are “convinced” …
India’s August trade deficit eases from record levels
MUMBAI (Reuters) – India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion …
China August service sector growth eases amid COVID woes: Caixin PMI
BEIJING (Reuters) – A strong rebound in China’s services sector eased slightly in August amid fresh COVID-19 flare-ups but business confidence rose to a nine-month …
Indonesia inflation eases in Aug, but pressure seen from fuel price hike
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s inflation rate eased more than expected in August, official data showed on Thursday, but economists …
Union Pacific says third-quarter volumes up as staffing improves, congestion eases
(Reuters) – U.S. railroad operator Union Pacific Corp’s Chief Financial Officer Jennifer Hamann said on Tuesday the company’s third-quarter volumes were up 2% so far …
Canada’s inflation rate eases to 7.6% in July on gasoline
OTTAWA – Canada’s annual inflation rate slowed to 7.6% in July, a two-month low but still far above the Bank of Canada’s 2% target, as …
India’s July WPI inflation eases to 13.93% y/y
NEW DELHI -India’s wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in …
Global supply stress eases in July to 1-1/2 year low, NY Fed’s index shows
(Reuters) – Stress on global supply chains improved in July to their lowest level since January 2021 as port congestion and other snags eased, the …
EU wheat eases with Chicago as Ukraine, exports assessed
PARIS – Euronext wheat prices fell on Wednesday in step with Chicago futures as progress in resuming maritime grain exports from war-torn Ukraine offset support …
Bears raise bets on Thai baht, dim view on other Asian FX eases – Reuters poll
By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on …
N.Korea’s economy shrinks for two straight years but pace of slowdown eases -S.Korea central bank
By Soo-hyang Choi SEOUL – North Korea’s economy shrank in 2021 for a second straight year after suffering its biggest contraction in more than two …
Russia’s central bank eases more currency controls
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia’s central bank will allow banks …
Turkey’s banking watchdog eases regulations on lira loans to FX-rich firms
ISTANBUL – Turkey’s BDDK banking watchdog on Thursday eased some of the regulations that restricted FX-rich companies from obtaining Turkish lira loans. A decision published …
Japan’s June factory activity growth eases on China curbs – flash PMI
TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment …
Argentina’s sky-high inflation eases slightly to 5.1% in May
By Hernan Nessi and Jorge Iorio BUENOS AIRES – Argentina’s monthly inflation clocked in at 5.1% in May, still painfully high but below expectations and …