French inflation to decline as pressure from food eases -INSEE
PARIS (Reuters) – French inflation should decline in the coming months slightly more than expected as food price pressures ease, the national statistics agency said …
Inflation,
Malaysia central bank keeps rates on hold as inflation, growth cool
By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday kept its benchmark interest rate unchanged for the second straight …
In turnaround, Turkey’s Erdogan says tight policy to lower inflation
ANKARA (Reuters) – President Tayyip Erdogan said on Wednesday Turkey will lower its inflation rate to “single digits” with the support of “tight monetary policy” …
Turkey hikes year-end inflation forecast to 65%
ANKARA (Reuters) – Turkey’s government raised its annual inflation forecast to 65% for this year and 33% next year, while also trimming economic growth forecasts …
Economists cut Singapore 2023 growth and inflation forecasts – survey
SINGAPORE (Reuters) – Economists have downgraded Singapore’s 2023 growth forecasts and inflation expectations, according to a survey by the country’s central bank published on Wednesday, …
Mexico’s core inflation to fall to lowest level since late 2021 in August: Reuters poll
MEXICO CITY (Reuters) – Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to return to …
Tunisia’s annual inflation rate rises to 9.3% in August
TUNIS (Reuters) – Tunisia’s annual inflation rate rose to 9.3% in August from 9.1% in July, the State Statistics Institute said on Tuesday. (Reporting by …
ECB chief economist says easing inflation welcome but must continue -report
(Reuters) – European Central Bank Chief Economist Philip Lane expressed cautious optimism that inflation was slowing in an interview with an Irish business publication, but …
Philippines inflation unexpectedly quickens to 5.3% in August
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine inflation proved stubborn after it unexpectedly quickened for the first time in seven …
South Korea’s inflation quickens above forecast, keeping policymakers on watch
SEOUL (Reuters) – South Korea’s annual consumer inflation accelerated to 3.4% in August while the month-on-month rate was the fastest since early 2017, which should …
French food bank says government must do more to tackle inflation
PARIS (Reuters) -The charity Restos du Coeur, famous in France for its soup kitchens and food parcels, has warned that steep inflation will hamper its …
JPMorgan ups Turkey inflation, interest rate forecasts
LONDON (Reuters) – Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65% from 62% with the …
French food price inflation likely down ‘significantly’ in Jan – Carrefour CEO
PARIS (Reuters) – Food price inflation in France will likely fall significantly starting in January, following the government’s plan to bring forward annual price negotiations …
Bank of Israel to stay on hold as inflation eases but hike cycle may not be done: Reuters poll
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged this week, as it did in July with …
South Africa on right inflation track, energy and logistics a concern: IMF
By Kopano Gumbi and Wendell Roelf CAPE TOWN (Reuters) – The International Monetary Fund’s First Deputy Managing Director Gita Gopinath praised South Africa’s central bank …
Russia to keep double-digit rates well into 2024 as inflation quickens – Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Accelerating inflation will force Russia to maintain double-digit interest rates deep into next year, a Reuters poll …
Sri Lanka’s key inflation rate eases to 4% in August
COLOMBO (Reuters) -Sri Lanka’s key inflation rate eased to 4% in August from 6.3% a month ago, the statistics department said on Thursday, marking continued …
South Africa producer inflation slows to 2.7% y/y in July
JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics agency data showed on Thursday. …
French August inflation higher than expected, fuelled by energy
PARIS (Reuters) -French inflation accelerated more than expected in August as a new fall in food inflation was more than offset by higher energy prices, …
Marketmind: Markets brace for EU, US inflation data blitz
A look at the day ahead in European and global markets from Brigid Riley A slew of economic data is set to roll out on …
As inflation soars, Argentines say they’ve seen this film before
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina is battling against triple digit inflation, its highest in over three decades, and that could climb to …
Irish inflation rises to 4.9%, first uptick in six months
DUBLIN (Reuters) – Irish inflation increased at a faster year-on-year pace for the first time in six months in August, rising to 4.9% from 4.6% …
Data show inflation rising in some German states
BERLIN (Reuters) – Inflation rose in four of six key German states in August, according to data released on Wednesday, casting doubt on a continuation …
Spanish inflation rises to 2.6% in August on higher fuel prices
By Jakub Olesiuk (Reuters) – Spanish inflation rose to 2.6% year-on-year in August, boosted by higher fuel prices, preliminary data from the National Statistics Institute …
US consumer confidence drops in August on inflation worries
WASHINGTON (Reuters) – U.S. consumer confidence fell more than expected in August after two straight monthly increases amid renewed concerns about inflation, a survey showed …
Brazil’s inflation slightly worse -central bank chief
BRASILIA (Reuters) – Brazil’s central bank governor Roberto Campos Neto said on Saturday that the latest inflation data had worsened but underscored the bank’s non-reliance …
No appetite at Fed, ECB for changing inflation goal
JACKSON HOLE, Wyoming (Reuters) – Any thoughts that the 2% inflation goal long sought by the U.S. Federal Reserve and the European Central Bank might …
Central bank efforts to cool inflation may harm innovation, study shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – Central bank efforts to slow inflation, by raising borrowing costs and cooling demand for goods and services, …
Euro zone inflation to remain “too high for too long” – Bank of Spain deputy chief
MADRID (Reuters) -Inflation in the euro zone is expected to decline further over the remainder of 2023 but would stay above the European Central Bank’s …
India inflation to return to comfort band once veg price shock ebbs – MPC’s Goyal
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – Retail inflation will return to the central bank’s comfort band of 2%-6% as vegetable prices soften, …
Lower inflation boosts UK consumer mood: GfK
LONDON (Reuters) – British consumers’ mood perked up this month as lower inflation made individuals less downbeat about the outlook for their personal finances, although …
ECB must be stubborn to root out inflation, Bundesbank president tells Bloomberg
(Reuters) – Underlying inflation in the euro zone remains sticky and monetary policy needs to be more stubborn than price growth, Bundesbank President Joachim Nagel …
Australia hurt by inflation but unlikely to enter recession – NAB CEO
SYDNEY (Reuters) – Australian inflation over the past year-and-a-half was the worst in three decades but the country is still unlikely to experience a recession, …
Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB
MANILA (Reuters) – The coronavirus pandemic and rise in cost of living have pushed close to 70 million more people in developing Asia into extreme …
Trump’s universal tariffs would stifle economy, fuel inflation – White House
By Nandita Bose WASHINGTON (Reuters) – The White House said on Wednesday former President Donald Trump’s proposal to impose new tariffs on all foreign imports …
Analysis-With central banks’ job half done, global inflation talk is shifting
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Inflation has tumbled spectacularly across much of the world this year but the job is only half …
Japan’s price trend gauges hit record, signal broadening inflation
By Leika Kihara TOKYO (Reuters) – Japan may be seeing early signs of sticky inflation with several measures of broad price trends hitting record highs …
Putin says Russia faces big economic challenges, must keep inflation in check
MOSCOW (Reuters) – Russian President Vladimir Putin said on Tuesday that inflationary risks were rising and he told the government and central bank to keep …
Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
By Himanshi Akhand and John Biju (Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook …
J.D. FOSTER: The Inflation Reduction Act Is More than A Farce, It’s A Call
J.D. FOSTER: The Inflation Reduction Act Is More than A Farce, It’s A Call J.D. Foster on August 18, 2023 One year ago this week, …
Argentina sets grocery price controls for 90 days to tame inflation
BUENOS AIRES (Reuters) – Argentina’s government announced on Friday a price agreement for supermarkets to limit monthly increases to a maximum of 5% for 90 …
Argentina to freeze fuel prices until Oct 31 to curb inflation
(Reuters) – Argentina’s economy ministry said on Thursday it will freeze fuel prices until October 31 after an agreement with the industry as a measure …
Ice cream prices double in a month as Argentina battles inflation
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – When Ernesto Acuna, a convenience store owner in Buenos Aires, received the new price list this week from …
Dutch economy enters recession as inflation bites
AMSTERDAM (Reuters) – The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate …
Israel inflation eases to 3.3% rate, lowest since March 2022
JERUSALEM (Reuters) – Israel’s inflation rate eased to a 16-month month low of 3.3% in July from 4.2% in June, a drop that could continue …
Biden’s ‘Inflation Reduction Act’ Did Nothing To Bring Down Inflation, Economists Agree
Biden’s ‘Inflation Reduction Act’ Did Nothing To Bring Down Inflation, Economists Agree Will Kessler on August 14, 2023 The Inflation Reduction Act did nothing to …
NY Fed survey finds broad cooling in inflation expectations
By Michael S. Derby NEW YORK (Reuters) – Americans said last month they expected weaker inflation over the next few years, and they also marked …
A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed
By Howard Schneider WASHINGTON (Reuters) – Pessimists watching the Federal Reserve battle inflation have focused on the so-called “last-mile” problem, convinced a full return to …
Federal Government’s Spending And Money Printing Spree Causing ‘Inflation Tax’ Which Is Greater Than Income Tax
Federal Government’s Spending And Money Printing Spree Causing ‘Inflation Tax’ Which Is Greater Than Income Tax Will Kessler on August 11, 2023 Americans are paying …
US consumer sentiment dips in August; inflation expectations improve
WASHINGTON (Reuters) – U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year and beyond, a survey showed …