Argentina inflation likely sped back up ahead of primary vote, analysts say
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped back up to 7.1% in July, a Reuters poll of analysts showed, …
Inflation,
Spain 12-month inflation at 2.3% in July, up from 1.9% in June
(Reuters) -Spanish national consumer prices rose 2.3% in the 12 months through July, final data from the National Statistics Institute (INE) showed on Friday. The …
French inflation confirms its slowdown at 5,0% in July- final figures
PARIS (Reuters) – French annual inflation reached 5.0% in July, in line with preliminary figure and down from 5.3% in June, dragged down by lower …
Marketmind: Bonds droop as inflation cheer fades
A look at the day ahead in European and global markets from Tom Westbrook How do you put the cork back in a bottle of …
Australia central bank says worst over for inflation as policy enters ‘calibration stage’
SYDNEY (Reuters) – The head of Australia’s central bank on Friday said policy was in the “calibration stage” as the worst was over for inflation, …
Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this …
Interest Rate Hikes Fail To Pump The Brakes As Inflation Rises
Interest Rate Hikes Fail To Pump The Brakes As Inflation Rises Will Kessler on August 10, 2023 Inflation rose in July after steadily declining from …
Marketmind: A sticky inflation situation
A look at the day ahead in U.S. and global markets by Amanda Cooper Everyone is laser-focused on U.S. inflation right now. With a relentless …
Turkey’s inflation will fall permanently after transition period – Simsek
ISTANBUL (Reuters) – Turkey aims to lower soaring inflation permanently after a transitional period where prices remain high, Finance Minister Mehmet Simsek said on Thursday …
Japan’s July core inflation likely slowed on weaker commodity prices: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s core inflation likely eased in July, according to a Reuters poll of analysts, weighed by softer commodity prices, …
South Korea think-tank raises inflation forecast on higher energy prices
SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it …
Marketmind: China deflation, U.S. inflation – both dent sentiment
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Lingering concern over China’s slide …
High inflation fuels sense of rising inequality, mistrust of govt in Germany-survey
By Riham Alkousaa BERLIN (Reuters) – Germany’s highest inflation in decades has fuelled a rising sense of inequality and left a majority of Germans feeling …
Ukraine’s annual consumer inflation slows to 11.3% in July
KYIV (Reuters) – Ukraine’s annual consumer inflation slowed to 11.3% in July compared with the same month a year ago, the statistics service said on …
Lingering inflation worries keep Biden approval stagnant at 40%-Reuters/Ipsos
By Josephine Walker WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval rating held steady at 40% in early August, with concerns about the economy …
India July inflation likely breached RBI’s 6% upper tolerance level: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end of the …
UK inflation to exceed BoE target for next 4 years: NIESR
By David Milliken LONDON (Reuters) – The Bank of England will not succeed in returning inflation to its 2% target before 2028 at the earliest, …
Greek EU-harmonised inflation rises to 3.5% y/y in July
(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised inflation is an index of …
Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll
FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic about their purchasing power and …
UK food price inflation to fall to 10% in late 2023, BoE’s Pill says
By David Milliken LONDON (Reuters) – British food price inflation is likely to fall to around 10% later this year, but will need to drop …
Thai inflation slower than expected in July, small rises seen
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation was weaker than expected in July, helped by lower food and energy …
Marketmind: Caution the watchword for inflation tests
A look at the day ahead in European and global markets from Wayne Cole. It’s been a slow start in Asia, with little in the …
Inflation report, bond yields in focus as U.S. stocks rally pauses
By Carolina Mandl NEW YORK (Reuters) – A highly awaited inflation report and elevated bond yields offer the latest test to a U.S. stock rally …
Venezuela’s bolivar weakens against the U.S. dollar as inflation rages
CARACAS (Reuters) – The Venezuelan bolivar weakened to 30 units per dollar, the central bank said on Thursday, marking the latest descent for the beleaguered …
Fed’s Barkin: Inflation still too high, hopes recent data is ‘a sign’
(Reuters) – U.S. inflation remains too high, although recent readings showing price pressures have eased notably were welcome, Richmond Federal Reserve President Thomas Barkin said …
Irish service growth remains robust, inflation pressures ease-PMI
DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input …
Colombia’s central bank cuts 2023 forecasts for inflation, growth
BOGOTA (Reuters) -The technical team of Colombia’s central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut …
UK shop price inflation eases in July: BRC
LONDON (Reuters) – Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday. The British …
Indonesia’s July inflation rate slows to 3.08% y/y
JAKARTA (Reuters) – Indonesia’s annual inflation rate cooled further to 3.08% in July, moving closer to the middle of the central bank’s target range and …
Russia to raise rates past 9% this year under persistent inflation pressure: Reuters poll
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Gradually quickening inflation will force the Bank of Russia to hike interest rates again this year, a …
Philippines central bank sees July inflation easing for sixth month
MANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in …
Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle (Reuters) – Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The …
Investors bought bonds, stocks and inflation hedges in busy cenbank week-BofA
By Samuel Indyk LONDON (Reuters) – Investors flocked to stocks and bonds in the week to Wednesday, Bank of America global research said in a …
Euro zone sentiment and inflation expectations fall in July
BRUSSELS (Reuters) – Euro zone economic sentiment declined for a third consecutive month in July and by more than expected as the mood in industry, …
German inflation to ease slightly in July – state data
BERLIN (Reuters) – German inflation looks set to ease slightly in July, data from four economically key German states indicated. Compared with the same month …
ECB survey points to stickier underlying inflation
FRANKFURT (Reuters) – Core inflation in the euro zone will come down more slowly than previously thought as wage growth is seen picking up in …
Inflation in Japan’s capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well above the central bank’s 2% …
ECB debated raising banks’ mandatory reserves in inflation fight – sources
FRANKFURT (Reuters) – European Central Bank policymakers debated raising banks’ mandatory reserves to 2% from 1% of their deposits at their meeting on Thursday as …
Fed Chair Predicts Inflation Will Be With Us For Years
Fed Chair Predicts Inflation Will Be With Us For Years Will Kessler on July 26, 2023 Federal Reserve Chairman Jerome Powell said he believes high …
Russian inflation above 4% target for first time since March – econ ministry
(Reuters) – Russia’s annual inflation crept back above the central bank’s 4% target in the week to July 24 for the first time since late …
Japan’s business services inflation slows in June
TOKYO (Reuters) – Japan’s business-to-business service inflation slowed in June, data showed on Wednesday, suggesting that companies remained slow in passing on rising labour costs …
Analysis-Is Canadian core inflation about to crack? July data could offer hope
By Fergal Smith TORONTO (Reuters) – The Bank of Canada’s most favored measures of core inflation are likely to slow in July for the first …
IMF: India’s rice restrictions could fuel food price inflation
WASHINGTON (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary …
Rate cut hopes outpace speed of global inflation decline: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Most central banks will cut interest rates in the first half of next year, even though the majority don’t …
Whirlpool profit slides as inflation hits appliance demand
(Reuters) – Whirlpool Corp reported a 29.5% slide in quarterly profit on Monday as persistent inflation hit consumer spending, weakening demand for its washing machines …
India rate cut bets pushed to mid-2024 amid inflation jump – traders
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by …
Singapore June core inflation rises 4.2%, matches forecast
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 4.2% in June, matching economists’ forecasts, official data showed on Monday. Inflation was lower as prices …
Mexico headline inflation seen slowing in early July to 2021 levels – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of July to its lowest level in more than two years, but …
Inflation Tanks Small-Dollar Donations To 2024 Campaigns
Inflation Tanks Small-Dollar Donations To 2024 Campaigns Mary Lou Masters on July 21, 2023 As prices across the country remain high, small-dollar donations have decreased …
Core inflation in Japan’s capital seen slowing sharply in July -analysts
TOKYO (Reuters) – Core inflation in Japan’s capital likely stayed above the central bank’s 2% target but slowed sharply in July, a Reuters poll showed …