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Tag:

Inflation,

  • Business News

    Euro zone Aug inflation revised slightly down

    by Reuters September 19, 2023
    by Reuters September 19, 2023

    BRUSSELS (Reuters) – Euro zone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice …

  • Business News

    Peru econ minister sees inflation easing to 5.2% in September

    by Reuters September 18, 2023
    by Reuters September 18, 2023

    LIMA (Reuters) – Peru’s annual inflation could ease to 5.2% in September, Economy Minister Alex Contreras said in a press conference on Monday. Data from national statistics agency INEI showed …

  • Business News

    India cenbank says stabilising core inflation shows easing price pressures

    by Reuters September 18, 2023
    by Reuters September 18, 2023

    MUMBAI (Reuters) – The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in the economy. Vegetable prices eased …

  • Business News

    France to let fuel retailers sell below cost in inflation fight -PM

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    (Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) – The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to …

  • Business News

    Argentina government expects economic rebound, inflation slowdown in 2024

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress …

  • Business News

    U.S. consumer sentiment slips again but inflation outlook improves

    by Reuters September 15, 2023
    by Reuters September 15, 2023

    (Reuters) – U.S. consumer sentiment edged lower for a second straight month in September but their economic outlook brightened modestly as household expectations for near-term inflation fell to the lowest …

  • Business News

    Euro zone ministers agree fiscal policy must aid ECB inflation fight

    by Reuters September 15, 2023
    by Reuters September 15, 2023

    By Jan Strupczewski SANTIAGO DE COMPOSTELA, Spain (Reuters) -Euro zone finance ministers agreed on Friday that fiscal policy should be restrictive next year to help the European Central Bank curb …

  • Business News

    Japan’s Aug core inflation likely slowed slightly, still above BOJ target – Reuters poll

    by Reuters September 14, 2023
    by Reuters September 14, 2023

    By Leika Kihara TOKYO (Reuters) – Japan’s core inflation likely ran at 3.0% in August, according to a Reuters poll, staying above the central bank’s 2% target for a 17th …

  • Business News

    US crude prices above $90/bbl ignite inflation worries

    by Reuters September 14, 2023
    by Reuters September 14, 2023

    By Arathy Somasekhar HOUSTON (Reuters) – Crude oil prices above $90 a barrel in the United States stirred worries that inflation could rise further in an economy where the Federal …

  • Business News

    ECB cuts growth outlook but raises key 2024 inflation projection

    by Reuters September 14, 2023
    by Reuters September 14, 2023

    FRANKFURT (Reuters) – The European Central Bank cut its growth projections for the next two years while lifting some of its inflation forecasts, raising the spectre of stagflation, a period …

  • Business News

    Swedish inflation slows in August; Riksbank still expected to hike next week

    by Reuters September 14, 2023
    by Reuters September 14, 2023

    STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursday, but analysts believe it will not be enough to prevent …

  • Business News

    Some big US bond investors say Fed hikes have peaked despite sticky inflation

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By Davide Barbuscia NEW YORK (Reuters) – Some large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, …

  • Business News

    ‘Higher for longer’ rates remain a threat to U.S. stocks after inflation data

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    By David Randall NEW YORK (Reuters) – The latest U.S. inflation data is unlikely to ease worries over persistently high Treasury yields that have gnawed on stocks over the last …

  • Business News

    Marketmind: Inflation jitters bubble up

    by Reuters September 12, 2023
    by Reuters September 12, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Sagging stocks and new 2023 year highs for oil will …

  • Business News

    Spain 12-month inflation rises to 2.6% in August driven by fuel

    by Reuters September 12, 2023
    by Reuters September 12, 2023

    MADRID (Reuters) -Spanish national consumer prices rose 2.6% in the year through August, driven by the increased cost of fuel, up from a 2.3% increase during the 12 months through …

  • US and World News

    Factbox-US offshore wind projects facing inflation headwinds

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    (Reuters) – The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden’s administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize …

  • Business News

    Argentina August inflation forecast at highest since 1991

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters …

  • Business News

    NY Fed poll finds mostly stable inflation views, more financial worries in August

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Michael S. Derby (Reuters) – Americans’ overall views on inflation were little changed in August, even as they predicted rising price increases for things like rent, homes and food, …

  • Business News

    Brazil’s inflation expected to have picked up slightly in August: Reuters poll

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Gabriel Burin (Reuters) – Brazil’s inflation picked up slightly in August from July due to the finalization of a one-off discount on energy prices for residential users, a Reuters …

  • Business News

    UK’s Hunt to focus on reducing inflation in November budget update – Bloomberg

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    LONDON (Reuters) – British finance minister Jeremy Hunt will focus his Nov. 22 budget update on reducing inflation and does not expect forecasts to show the government has extra money …

  • Business News

    India bond yield curve inversion to persist on tight liquidity, inflation fears – traders

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield curve inverted, traders said on …

  • Business News

    Marketmind: Japan jolt as inflation forks

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets homing in on this week’s critical August inflation update, Japan threw a curve …

  • Business News

    Egypt’s August headline inflation jumps to a record 37.4%

    by Reuters September 10, 2023
    by Reuters September 10, 2023

    (Reuters) – Egypt’s annual urban consumer price inflation rate surged to a higher-than-expected record 37.4% in August from 36.5% in July, data from the country’s statistics agency CAPMAS showed on …

  • Business News

    Exclusive-Uruguay central bank chief: rate cut likely in October as inflation cools

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    By Lucinda Elliott MONTEVIDEO (Reuters) – Uruguay’s central bank is likely to cut its benchmark interest rate again at its next monetary policy meeting in October as inflation has fallen …

  • Business News

    Russian inflation rises to 5.15% yr/yr in August; monthly inflation is 0.28%

    by Reuters September 8, 2023
    by Reuters September 8, 2023

    (Reuters) – Annual inflation in Russia was 5.15% in August, up from 4.30% in July, according to Russia’s statistics service. A Reuters poll had suggested that annual inflation would rise …

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