Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Russian weekly consumer price growth slowed in mid-Feb
MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state statistics service Rosstat showed on Wednesday, easing inflationary concerns flagged by the…
Oil falls more than 1% as growth fears offset China demand hopes
By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic growth outweighed supply curbs and prompted investors…
Quick euro zone wage growth is just normal catch up, ECB’s Lagarde says
FRANKFURT (Reuters) – Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is no wage-price spiral underway, European Central Bank President Christine Lagarde told Finnish…
German business activity back to growth after eight months -flash PMI
BERLIN (Reuters) – German business activity returned to growth for the first time in eight months in February thanks to easing supply bottlenecks and improved underlying demand, a preliminary survey showed on…
French economy moves back into growth territory in February -flash PMI
By Sudip Kar-Gupta PARIS (Reuters) – French economic activity grew in February for the first time since October, helped by a slight easing in inflationary pressures and strength in the jobs market,…
BOJ’s Kuroda: Wage growth to accelerate on tight job market
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday wage growth will likely accelerate as companies increase pay to compensate households for the higher cost of living, and cope…
Indonesia plans to narrow 2024 fiscal deficit, sees higher GDP growth
JAKARTA (Reuters) – Indonesia expects to bring its budget to a narrower fiscal deficit next year, even as its economic growth is predicted to accelerate, senior officials said on Monday, as President…
Oil-rich Guyana expects annual economic growth of over 25% in coming years
By Neil Marks and Marianna Parraga GEORGETOWN (Reuters) – Guyana’s government is forecasting the nascent oil producer’s economy, which has recently been among the world’s fastest-growing, will expand by at least 25%…
Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction…
Economic growth slowed in tourism-reliant Thailand in Q4: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening monetary conditions, curbed private consumption, a Reuters…
Peru’s GDP growth misses forecasts in December as unrest simmers
LIMA (Reuters) – Peru’s economy slowed down for the second month in a row, missing forecasts for the last month of 2022, figures from the national statistics institute showed on Wednesday, as…
Thai economy recovering steadily, tourism to drive 2023 growth – Finance Minister
BANGKOK (Reuters) – Thailand’s economy is recovering slowly but steadily, boosted by a rebound in a vital tourism sector that will remain the key driver of growth this year, its finance minister…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a post-lockdown rebound at its Kmart chain offset a sluggish performance from its…
Australia’s IAG cash earnings jump 27% on growth across key businesses, dividend steady
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact of higher…
IMF says Peru unrest could dent growth, recommends temporary stimulus
By Brendan O’Boyle (Reuters) – Peru’s economic outlook is “very uncertain,” but strong economic fundamentals could provide a buffer against prevailing risks, the International Monetary Fund (IMF) said on Thursday after an…
Colombia economy grew 7.9% in 2022, ahead of reduced growth this year: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s economy will have grown significantly for the second consecutive year in 2022, but expansion will slow sharply this year on high interest rates and persistent…
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on Thursday, providing further signs of a slowing…
Asian stocks draw massive foreign inflows on softer dollar, growth optimism
By Gaurav Dogra (Reuters) – Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace of its rate hikes and as…
U.N. aviation agency forecasts rapid growth in passenger demand in 2023
OTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter and that…
Malaysia Q4 GDP growth expected to have slowed to 6.6% – Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Malaysia’s economic growth likely slowed by more than half to 6.6% in the fourth quarter of 2022 due to tepid consumption and softer global…
Fitch raises China’s growth forecast to 5% for 2023
(Reuters) – Rating agency Fitch has revised its forecast for China’s economic growth in 2023 to 5.0% from 4.1% previously as consumption and broader activity are recovering faster thaninitially anticipated after the…
France to see meagre first half growth as strikes cloud outlook-INSEE
PARIS (Reuters) – France’s economy is on course for marginal growth in the first half of this year, the INSEE statistics agency said on Tuesday, adding that whether strikes over pension reforms…
Thai shippers retain export growth outlook of 1-2% this year
BANGKOK (Reuters) – Thailand’s exports are likely to grow 1% to 2% this year, unchanged from a previous forecast, due to slowing global demand, the country’s shippers’ council said on Tuesday. Shipments,…
Japan Dec real wages post first rise in 9 months on 26-year-high nominal growth
TOKYO (Reuters) – Japan’s real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust…
Botswana sees 2023 growth of 4%, plans infrastructure drive
By Brian Benza GABORONE (Reuters) – Botswana expects economic growth of 4% this year while targeting medium-term growth of 5.7%, and the government plans to ramp up infrastructure investment, its finance minister…
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