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Tag:

Inflation,

  • Business News

    Russian consumer inflation slows to 12% as central bank meeting looms

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    MOSCOW (Reuters) – Annual inflation in Russia slowed further in November, but consumer prices rose again in month-on-month terms, data showed on Friday, just one week before the central bank …

  • Business News

    Wall St opens lower as inflation data stokes rate hike worries

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    (Reuters) – Wall Street’s main indexes opened lower on Friday after a higher-than-expected rise in November producer prices fanned fears that the Federal Reserve could stick to aggressive interest rate …

  • Business News

    Futures reverse gains as inflation data intensifies rate hike worries

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    (Reuters) – U.S. stock index futures turned negative on Friday after a higher-than-expected rise in producer prices in November fanned worries of the Federal Reserve sticking to its policy tightening …

  • Business News

    German households less pessimistic on inflation, survey shows

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    FRANKFURT (Reuters) – German households are becoming less pessimistic about inflation prospects, predicting a moderation in price pressures over the next year, the Bundesbank said on Friday based on a …

  • Business News

    UK public’s medium-term inflation expectations edge up: BoE

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – The British public’s expectations for inflation over the medium term edged up last month – a source of concern for many BoE policymakers – although expectations for …

  • Business News

    Experts say cheap public transport could ease German inflation

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, experts said on Friday, with …

  • Business News

    Experts say cheap public transport could ease German inflation

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, experts said on Friday, with …

  • Business News

    Japan’s Q4 tankan factory mood set to weaken on inflation, global slowdown: Reuters Poll

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Kantaro Komiya TOKYO (Reuters) – Japanese manufacturers’ sentiment likely weakened in the last quarter of 2022 on sustained cost pressures and a bleaker global economic outlook, a Reuters poll …

  • Business News

    India inflation likely softened to nine-month low in November: Reuters poll

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Anant Chandak and Milounee Purohit BENGALURU (Reuters) – India consumer price inflation likely cooled to a nine-month low of 6.40% in November mainly due to a moderation in food …

  • Business News

    Egypt’s core inflation rises to 21.5% yr/yr in November – central bank

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) – Egypt’s core inflation rose to 21.5% year on year in November from 19.0% in October, the central bank said on Thursday. (Reporting by Moaz Abd-Alaziz and Alaa Swilam; …

  • Business News

    Mexico annual inflation slows to 7.8% in November, core index still a concern

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    MEXICO CITY (Reuters) – Mexican consumer prices rose 7.8% in the year through November, slowing down from the previous month to reach its lowest level since May even as the …

  • Business News

    Bank of Korea: will adjust policy when more certain of inflation easing

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation and economic growth are slowing, …

  • Business News

    Bank of England set to raise rates to 3.5% after inflation hits 41-year high

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates to 3.5% or more next week, but policymakers appear increasingly split on how much …

  • Business News

    ECB survey shows rising inflation expectations for year ahead

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    FRANKFURT (Reuters) – Euro zone consumer expectations for inflation in the year ahead rose in October but predictions for three years out held steady at a rate still well above …

  • Business News

    Inflation miss puts central bankers on back foot

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    By Howard Schneider, Balazs Koranyi and Mark John WASHINGTON (Reuters) – Thomas Barkin, Richmond Federal Reserve President, was poring over the latest inflation-related data one morning this June after breakfast …

  • Business News

    India’s central bank set to raise rates; outlook on growth, inflation in focus

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to …

  • Business News

    Egypt inflation seen jumping to 18.75% in November, post-devaluation – Reuters Poll

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    By Patrick Werr CAIRO (Reuters) – Headline inflation in Egypt is likely to have sped up in November, a Reuters poll showed on Tuesday, after a currency devaluation in October …

  • Business News

    Germany’s Scholz confident will get solution to U.S. Inflation Reduction Act

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    TIRANA (Reuters) – German Chancellor Olaf Scholz expressed confidence on Tuesday that the European Union and United States would resolve their differences on the U.S. Inflation Reduction Act, a $430 …

  • Business News

    Turkish exporters’ head says FX rate should better reflect inflation

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    By Ceyda Caglayan ISTANBUL (Reuters) – The Turkish lira’s sudden stability after a roller-coaster year, despite annual inflation near 85%, is hurting exporters’ competitiveness and some risk losing markets, a …

  • Business News

    ECB needs more rate hikes but inflation close to peak, chief economist says

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, …

  • Business News

    UK consumer spending fails to keep pace with inflation: surveys

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    LONDON (Reuters) – British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressure on household budgets …

  • Business News

    Factbox-How governments are trying to ease inflation pain

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    (Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how governments are …

  • Business News

    Mexico’s inflation seen slowing pace in November, ahead of cbank decision

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    MEXICO CITY (Reuters) – Mexico’s headline inflation likely continued to slow in November, a Reuters poll showed Monday, opening the door for the Bank of Mexico to opt for a …

  • Business News

    India’s Nov services activity growth hit 3-month high, high inflation a concern

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    By Indradip Ghosh BENGALURU (Reuters) – India’s services activity grew at its quickest pace in three months in November on strong demand, lifting optimism to its highest in eight years, …

  • Business News

    Lawmaker says EU should complain to WTO over U.S. Inflation Reduction Act

    by Reuters December 3, 2022
    by Reuters December 3, 2022

    (Reuters) – The European Union should file a complaint with the World Trade Organization (WTO) in the next few months regarding the United States’ green energy subsidy package, the head …

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