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Prices

China will aim to stabilise employment, prices – PBOC monetary policy department

September 16, 2022September 16, 2022
China will aim to stabilise employment, prices - pboc monetary policy department - photo licensed by shore news network.

BEIJING (Reuters) – China will aim to stabilize employment and prices to consolidate the foundations of economic recovery, according to a statement published by the …

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Curbing power prices will cost Poland over 30 billion zloty-PM

September 15, 2022September 15, 2022
Curbing power prices will cost poland over 30 billion zloty-pm - photo licensed by shore news network.

WARSAW (Reuters) – Measures aimed at freezing power prices for households and providing support for energy intensive companies will cost Poland over 30 billion zlotys …

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Canada home prices edge up on month on Toronto strength

September 15, 2022September 15, 2022
Canada home prices edge up on month on toronto strength - photo licensed by shore news network.

OTTAWA (Reuters) – Canada’s average resale home price fell 3.9% from a year ago in August but was up 1.2% on the month as the …

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Lufthansa CEO says ticket prices won’t return to pre-pandemic levels

September 12, 2022
Lufthansa ceo says ticket prices won't return to pre-pandemic levels - photo licensed by shore news network.

BERLIN (Reuters) – Lufthansa Chief Executive Carsten Spohr said on Monday that flight prices will never return to where they were before the pandemic, forecasting …

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Spain’s retailers shun government proposal to freeze basic goods prices

September 12, 2022
Spain's retailers shun government proposal to freeze basic goods prices - photo licensed by shore news network.

MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple …

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Janet Yellen Warns High Gas Prices May Be Right Around The Corner

September 12, 2022September 11, 2022
Janet yellen warns high gas prices may be right around the corner - photo licensed by shore news network.

Janet Yellen Warns High Gas Prices May Be Right Around The Corner Jack McEvoy on September 11, 2022 President Joe Biden’s Treasury Secretary Janet Yellen …

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Brazil posts deflation in August as fuel prices fall

September 9, 2022
Brazil posts deflation in august as fuel prices fall - photo licensed by shore news network.

By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices decreased 0.36% in August, marking the second consecutive month of deflation as fuel prices dip, …

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Cubans juggle exchange rates, soaring prices as peso plunges to 30-year low

September 9, 2022
Cubans juggle exchange rates, soaring prices as peso plunges to 30-year low - photo licensed by shore news network.

By Dave Sherwood HAVANA (Reuters) – Rider Gonzalez helps run a small cafe in touristy downtown Havana, a challenge in a country where coffee-shop staples …

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Yellen sees lower gas prices putting downward pressure on U.S. inflation

September 8, 2022
Yellen sees lower gas prices putting downward pressure on u. S. Inflation - photo licensed by shore news network.

By David Lawder DETROIT (Reuters) – U.S. Treasury Secretary Janet Yellen said falling gasoline prices may put further downward pressure on headline consumer price inflation …

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U.S. gasoline prices to keep falling as refiners keep making other products

September 8, 2022
U. S. Gasoline prices to keep falling as refiners keep making other products - photo licensed by shore news network.

By Laura Sanicola (Reuters) – Wholesale gasoline prices are expected to keep falling in coming months as U.S. refiners overproduce fuel to try to rebuild …

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Russian consumer prices drop for 9th week ahead of rate-setting meeting

September 7, 2022

MOSCOW (Reuters) – Russian consumer prices fell for a ninth straight week, data showed on Wednesday, thanks to a seasonal drop in fruit and vegetable …

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Argentina hikes biofuel prices for domestic market

September 6, 2022

(Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. …

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Czech EU presidency says two proposals exist for setting maximum energy prices

September 6, 2022
Czech eu presidency says two proposals exist for setting maximum energy prices - photo licensed by shore news network.

PRAGUE (Reuters) – There are two proposals in the European Union on how to set maximum prices on energy that the bloc’s energy ministers will …

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Curtains drawing on runaway rise in global house prices- Reuters poll

September 5, 2022
Curtains drawing on runaway rise in global house prices- reuters poll - photo licensed by shore news network.

By Hari Kishan BENGALURU (Reuters) – A runaway surge in global house prices is drawing to a close as interest rates rise along with the …

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Japan July real wages continue to slide as rising consumer prices weigh

September 5, 2022
Japan july real wages continue to slide as rising consumer prices weigh - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump …

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Era of through-the-roof house prices in Australia set to end: Reuters poll

September 4, 2022
Era of through-the-roof house prices in australia set to end: reuters poll - photo licensed by shore news network.

By Vivek Mishra BENGALURU (Reuters) – Australian house prices will fall sharply this year and next as rising mortgage rates and cost of living pressures …

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Toronto home prices rise marginally for first time since February peak

September 2, 2022
Toronto home prices rise marginally for first time since february peak - photo licensed by shore news network.

TORONTO (Reuters) – Home prices in the Greater Toronto Area (GTA) increased, though marginally, for the first time in six months in August alongside higher …

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Britain’s new PM faces an 80s playlist: recession, unrest and runaway prices

September 2, 2022
Britain's new pm faces an 80s playlist: recession, unrest and runaway prices - photo licensed by shore news network.

By Andy Bruce and Kate Holton RUNCORN, England (Reuters) – Britain’s prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her …

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Rising energy prices could fuel social unrest across Europe this winter

September 1, 2022
Rising energy prices could fuel social unrest across europe this winter - photo licensed by shore news network.

By Jorgelina do Rosario LONDON (Reuters) – Europe’s wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due …

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One in five Czech firms look to cut jobs amid high energy prices – survey

August 31, 2022

PRAGUE (Reuters) – Almost one in five Czech companies will look at cutting staff this year as they struggle with rising costs and high energy …

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As natural gas prices jump, shale oil firms get gassy

August 31, 2022
As natural gas prices jump, shale oil firms get gassy - photo licensed by shore news network.

By Liz Hampton (Reuters) – Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to …

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Explainer-Why Russia drives European and British gas prices

August 30, 2022
Explainer-why russia drives european and british gas prices - photo licensed by shore news network.

By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo maintenance from Aug.31 – Sept. …

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Analysis-Surging energy prices create perfect storm for UK bonds

August 30, 2022
Analysis-surging energy prices create perfect storm for uk bonds - photo licensed by shore news network.

By David Milliken LONDON (Reuters) – British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a …

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China pledges to lift economy with stable employment, prices in H2

August 30, 2022
China pledges to lift economy with stable employment, prices in h2 - photo licensed by shore news network.

BEIJING (Reuters) -China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic …

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Petrobras to cut aviation gas prices by 15.7% in September

August 29, 2022
Petrobras to cut aviation gas prices by 15. 7% in september - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1. The move marks …

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Sinopec’s interim profit soars on stronger oil, gas prices

August 28, 2022
Sinopec's interim profit soars on stronger oil, gas prices - photo licensed by shore news network.

(Reuters) – China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks …

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Biden Admin Admits Drilling Plan Will Force Dependence On Foreign Oil, Hike Prices

August 30, 2022August 27, 2022
Biden admin admits drilling plan will force dependence on foreign oil, hike prices - photo licensed by shore news network.

Biden Admin Admits Drilling Plan Will Force Dependence On Foreign Oil, Hike Prices Jack McEvoy on August 26, 2022 President Joe Biden’s Department of the …

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Tokyo Aug core consumer prices rise at fastest pace in nearly 8 years

August 25, 2022
Tokyo aug core consumer prices rise at fastest pace in nearly 8 years - photo licensed by shore news network.

TOKYO (Reuters) – Core consumer prices in Japan’s capital Tokyo rose in August at their fastest pace in nearly eight years, as inflationary pressures broadened …

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Factbox-Fertiliser-makers cut output on surging gas prices

August 25, 2022
Factbox-fertiliser-makers cut output on surging gas prices - photo licensed by shore news network.

(Reuters) – Norway’s Yara, one of the world’s largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following …

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Dem-Controlled States Look To Block Crucial Pipeline Project Amid Blackout Warnings, Skyrocketing Prices

August 30, 2022August 24, 2022
Dem-controlled states look to block crucial pipeline project amid blackout warnings, skyrocketing prices - photo licensed by shore news network.

Dem-Controlled States Look To Block Crucial Pipeline Project Amid Blackout Warnings, Skyrocketing Prices Jack McEvoy on August 24, 2022 Attorney generals (AGs) from California, Oregon …

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Brazil’s consumer prices fall on lower transportation costs

August 24, 2022
Brazil's consumer prices fall on lower transportation costs - photo licensed by shore news network.

By Gabriel Araujo SAO PAULO (Reuters) – Brazilian consumer prices fell in the month to mid-August thanks to lower fuel prices on the back of …

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Aussie grocers to benefit from higher prices, rising costs a worry

August 23, 2022
Aussie grocers to benefit from higher prices, rising costs a worry - photo licensed by shore news network.

By Riya Sharma and Savyata Mishra (Reuters) – Earnings of Australia’s two biggest supermarket chains may get a boost from sustained demand for groceries and …

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Aussie coal miners eye record profits, shareholder returns as prices surge

August 23, 2022
Aussie coal miners eye record profits, shareholder returns as prices surge - photo licensed by shore news network.

By Tejaswi Marthi and Harish Sridharan (Reuters) – Australia’s biggest listed coal miners are expected to report record annual profits this week, underpinned by soaring …

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U.S. existing home sales fall for sixth straight month; prices remain elevated

August 18, 2022
U. S. Existing home sales fall for sixth straight month; prices remain elevated - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve’s aggressive monetary policy tightening …

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Analysis-Oil prices turn more volatile as investors exit the market

August 17, 2022
Analysis-oil prices turn more volatile as investors exit the market - photo licensed by shore news network.

By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to …

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Home Depot sales lifted by higher prices, demand from builders

August 16, 2022
Home depot sales lifted by higher prices, demand from builders - photo licensed by shore news network.

By Praveen Paramasivam and Deborah Mary Sophia (Reuters) -Home Depot Inc on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices …

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If Politicians Truly Controlled Gas Prices, They Would be Under $1 Per Gallon Every November

August 15, 2022
If politicians truly controlled gas prices, they would be under $1 per gallon every november - photo licensed by shore news network.

Trenton, NJ – Gas prices are under $4 per gallon in most of America, but not so much in New Jersey. At the Jersey Shore, …

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China new home prices in July unchanged from June, down 0.9% y/y

August 14, 2022
China new home prices in july unchanged from june, down 0. 9% y/y - photo licensed by shore news network.

BEIJING – China’s new home prices in July were unchanged for a second month as already fragile sentiment was further corroded by a mortgage boycott …

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BoE to deliver another bumper 50 bps lift in Sept as prices soar: Reuters poll

August 14, 2022
Boe to deliver another bumper 50 bps lift in sept as prices soar: reuters poll - photo licensed by shore news network.

By Jonathan Cable LONDON – The Bank of England will deliver another bumper 50 basis points (bps) increase to borrowing costs next month but then …

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Sky-high energy costs to fan fire under aluminium and zinc prices

August 12, 2022
Sky-high energy costs to fan fire under aluminium and zinc prices - photo licensed by shore news network.

By Peter Hobson LONDON – Slowing economic growth is weighing on industrial metals prices but zinc and aluminium are likely to outperform if sky-high energy …

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Irish house prices return to 2007 peak for first time

August 12, 2022
Irish house prices return to 2007 peak for first time - photo licensed by shore news network.

By Padraic Halpin DUBLIN – Irish house prices returned in June to levels not seen since the credit-fuelLed peak of 2007, after data on Friday …

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Inflation, Gas Prices Make Even Walmart Too Expensive As Foot Traffic Nosedives

August 17, 2022August 11, 2022
Inflation, gas prices make even walmart too expensive as foot traffic nosedives - photo licensed by shore news network.

Inflation, Gas Prices Make Even Walmart Too Expensive As Foot Traffic Nosedives John Hugh DeMastri on August 11, 2022 Many Walmart shoppers who moved to …

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‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High

August 17, 2022August 11, 2022
‘bidenflation’: despite plummeting energy costs, producer prices remain high - photo licensed by shore news network.

‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High John Hugh DeMastri on August 11, 2022 The Producer Price Index (PPI), which measures the average …

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Inflation Rages On As Gas, Food Prices Squeeze Americans

August 10, 2022
Inflation rages on as gas, food prices squeeze americans - photo licensed by shore news network.

Inflation Rages On As Gas, Food Prices Squeeze Americans John Hugh DeMastri on August 10, 2022 Inflation remains at historic highs, at 8.5% from July …

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Beef Prices Are Going To Stay High — Here’s Why

August 9, 2022
Beef prices are going to stay high — here’s why - photo licensed by shore news network.

Beef Prices Are Going To Stay High — Here’s Why John Hugh DeMastri on August 9, 2022 Cattle ranchers believe that beef prices will remain …

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Ford raises prices of electric F-150 pickup amid high commodity costs

August 9, 2022
Ford raises prices of electric f-150 pickup amid high commodity costs - photo licensed by shore news network.

(Reuters) – Ford Motor Co said on Tuesday it would raise the prices of its electric F-150 Lightning pickup as the U.S. carmaker deals with …

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Shrinking U.S. cattle herd signals more pain from high beef prices

August 9, 2022
Shrinking u. S. Cattle herd signals more pain from high beef prices - photo licensed by shore news network.

By Tom Polansek CHICAGO – U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds …

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Toronto home prices fall for fifth month as ‘significant’ rate hikes dent sentiment

August 4, 2022
Toronto home prices fall for fifth month as 'significant' rate hikes dent sentiment - photo licensed by shore news network.

TORONTO – Home prices in the Greater Toronto Area (GTA) fell for the fifth straight month in July, as rapidly rising interest rates further doused …

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White house says Biden focus is on keeping oil prices down after OPEC+ output increase

August 3, 2022August 3, 2022
White house says biden focus is on keeping oil prices down after opec+ output increase - photo licensed by shore news network.

WASHINGTON – The Biden administration is focused on keeping oil prices down, the White House said on Wednesday after OPEC+ members decided top raise oil …

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S.Korea’s home prices to fall up to 2.8% with 100 bp rate hike – central bank report

August 2, 2022
S. Korea's home prices to fall up to 2. 8% with 100 bp rate hike - central bank report - photo licensed by shore news network.

By Cynthia Kim SEOUL – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage …

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