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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…
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 activity adds to hopes of a milder-than-expected…
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 slid to a 15-month low, a survey…
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, in an effort to support the country’s…
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 and strong demand ensured firms remained confident…
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 showed on Wednesday, leaving the door open…
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 on Wednesday. Food prices were up 69.8%…
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 economy, according to data released on Thursday.…
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 ease its aggressive rate hike stance. The…
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 most restrictive COVID-19 testing and quarantine rules,…
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 strict COVID-19 curbs, potentially attracting fresh foreign…
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 Thursday, possibly suggesting the worst is over…
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 welcome development for the European Central Bank…
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 that barred tenants in apartment complexes where…
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 demand but the downturn in euro zone…
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 recent highs, offering hope that an expected…
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 foreign currency cash, it said on Monday,…
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 activities revive in an easing COVID situation,…
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 locate and ship weapons to Ukraine, even…
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 rise, the General Authority for Statistics reported…
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 should be welcomed by the government as…
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 in commodity prices, government data showed on…
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 still extremely elevated Colombo Consumer Price Index…
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 the coronavirus pandemic are waning. On Friday,…
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 Friday. The September WPI was lower than…
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 an anti-inflation plan to keep costs down…
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