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 …
Inflation,
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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 Reutersby ReutersMUMBAI (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 Reutersby Reuters(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 Reutersby ReutersBUENOS 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 Reutersby Reuters(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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersFRANKFURT (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 Reutersby ReutersSTOCKHOLM (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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 …
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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 Reutersby Reuters(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 …
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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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersLONDON (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 Reutersby ReutersBy 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 …
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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 …
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(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 Reutersby ReutersBy 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 Reutersby Reuters(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 …