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Tag:

Inflation,

  • Business News

    Bank of England poised to raise rates again to tackle stubborn inflation

    by Reuters May 10, 2023
    by Reuters May 10, 2023

    By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th meeting in a row on Thursday, as it tries to …

  • Business News

    Marketmind: Seeking signs of life in Chinese inflation

    by Reuters May 10, 2023
    by Reuters May 10, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street and world markets cheered below-consensus U.S. inflation on Wednesday, but they …

  • Business News

    Marketmind: Inflation cloud obscures Fed peak

    by Reuters May 10, 2023
    by Reuters May 10, 2023

    A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve’s willingness to end its interest rate rise campaign here hinges just a few …

  • Business News

    India inflation likely hit 18-month low in April- Reuters poll

    by Reuters May 9, 2023
    by Reuters May 9, 2023

    By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, keeping it below the Reserve …

  • Business News

    Australian government rejects concerns budget may worsen inflation

    by Reuters May 9, 2023
    by Reuters May 9, 2023

    By Renju Jose SYDNEY (Reuters) – Australia’s Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary …

  • Business News

    ECB’s Schnabel sees more rate hikes until core inflation declines too

    by Reuters May 9, 2023
    by Reuters May 9, 2023

    FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations …

  • Business News

    Euro zone inflation will slow but momentum still high: ECB’s Lane

    by Reuters May 8, 2023
    by Reuters May 8, 2023

    (Reuters) – Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for underlying goods and services, European Central Bank chief economist Philip …

  • Business News

    Brazil’s Haddad backs longer-term target for inflation, no talk of goal change

    by Reuters May 5, 2023
    by Reuters May 5, 2023

    BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that he favored taking a long-term view of inflation and that the central bank could begin cutting interest rates. …

  • Business News

    ECB policymakers promise more hikes to beat inflation

    by Reuters May 5, 2023
    by Reuters May 5, 2023

    FRANKFURT (Reuters) -The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said on Friday as surveys showed the fight against rising prices …

  • Business News

    Euro zone inflation could hold above target -ECB survey

    by Reuters May 5, 2023
    by Reuters May 5, 2023

    FRANKFURT (Reuters) – Euro zone inflation could be lower in the coming years than previously expected but may stay above the European Central Bank’s 2% target further out, the bank’s …

  • Business News

    Inflation has passed its peak in Germany as energy prices ease – Econ Min

    by Reuters May 4, 2023
    by Reuters May 4, 2023

    BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck said on Thursday, adding that the downward trend is expected …

  • Business News

    France’s Le Maire wants to break food price inflation “spiral” by autumn

    by Reuters May 3, 2023
    by Reuters May 3, 2023

    PARIS (Reuters) – Finance Minister Bruno Le Maire said on Wednesday that he would meet with retailers and suppliers next week to discuss ways to break the food price inflation …

  • Business News

    Thailand’s April headline inflation lowest in 16 months, to drop further

    by Reuters May 3, 2023
    by Reuters May 3, 2023

    BANGKOK (Reuters) – Thailand’s headline inflation dropped to its lowest in 16 months in April thanks to lower energy and food prices and a high base in 2022, the commerce …

  • Business News

    India’s April services activity hits near 13-year high, inflation accelerates

    by Reuters May 3, 2023
    by Reuters May 3, 2023

    By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which …

  • Business News

    Colombia’s central bank raises 2023 inflation forecast to 9.5%

    by Reuters May 2, 2023
    by Reuters May 2, 2023

    BOGOTA (Reuters) – Colombia’s central bank on Tuesday raised its outlook for 2023 inflation to 9.5% from 8.7%, reflecting persistent consumer price growth that has prompted the bank’s board to …

  • Business News

    Diamondback Energy sees oilfield inflation easing

    by Reuters May 2, 2023
    by Reuters May 2, 2023

    By Liz Hampton DENVER (Reuters) – U.S. shale producer Diamondback Energy on Tuesday said rig prices are falling and steel costs are set to decline by about $20-$25 per foot, …

  • Business News

    Bank of Korea sees rapid pace of inflation easing for awhile

    by Reuters May 1, 2023
    by Reuters May 1, 2023

    SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the middle of this year, although core inflation would ease at …

  • Business News

    French government minister: expects food price inflation to ease off by September

    by Reuters April 30, 2023
    by Reuters April 30, 2023

    PARIS (Reuters) – Food price inflation in France – which has been a major concern for consumers – should ease off by September, said government minister Olivia Gregoire on Sunday. …

  • Business News

    German inflation expected to ease in April

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    BERLIN (Reuters) – Inflation looks set to ease in Germany in April on the back of lower food and energy prices, preliminary data from six economically important regional states showed …

  • Business News

    High inflation still top concern for global economy, say economists: Reuters poll

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    By Hari Kishan BENGALURU (Reuters) – Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for rate rises, …

  • Business News

    Australian grocer Coles sees Q3 inflation ease, but pressure remains

    by Reuters April 27, 2023
    by Reuters April 27, 2023

    By Byron Kaye and Roushni Nair SYDNEY/BENGALURU (Reuters) – Australian No. 2 supermarket chain Coles Group Ltd on Friday said store price inflation eased in the March quarter as supply …

  • Business News

    Philippine central bank: April annual inflation likely in 6.3%-7.1% range

    by Reuters April 27, 2023
    by Reuters April 27, 2023

    MANILA (Reuters) – Philippine annual inflation in April was expected to come in between 6.3% and 7.1%, with downward pressure from lower electricity rates and a decline in prices of …

  • Business News

    South Africa’s producer inflation slows to 10.6% y/y in March

    by Reuters April 26, 2023
    by Reuters April 26, 2023

    JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data showed on Wednesday. On a month-on-month basis, the producer price …

  • Business News

    South Korean consumers’ inflation expectations fall to 11-month low

    by Reuters April 25, 2023
    by Reuters April 25, 2023

    SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in April to the lowest in nearly a year, a central bank survey showed on Wednesday, while overall consumer sentiment hit …

  • Business News

    Brazil’s cenbank governor signals no room for rate cut amid inflation concerns

    by Reuters April 25, 2023
    by Reuters April 25, 2023

    BRASILIA (Reuters) – Brazilian central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut by emphasizing that the country’s benchmark rate for borrowing costs is appropriate for …

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