UK house prices rise at slowest pace in a year, Nationwide says
LONDON – British house prices rose in July at the slowest monthly pace in a year and the market is likely to slow further as …
Prices
China July home prices, sales volume fall as sentiment wilts – survey
BEIJING – China’s July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment …
Australia home prices slide, Sydney suffers worse month in 40 years
By Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline …
L’Oreal may continue to raise prices in a targeted manner, CEO says
By Mimosa Spencer PARIS – L’Oreal may continue to raise prices in the second half of the year to offset rising production costs, but would …
Australian retail sales slow in June as prices jump
By Wayne Cole SYDNEY – Australian retail sales edged higher in June but missed market forecasts for the first time in several months, a sign …
Hong Kong June home prices fall to the lowest in 18 months
HONG KONG – Hong Kong private home prices fell at a faster pace in June and dropped to the lowest since December 2020, official data …
Panama to regulate prices of 72 food items to ease rising living costs
PANAMA CITY – The Panamanian government announced on Monday it will regulate the price of 72 food items following weeks of angry protests and street …
Wheat prices rise as missile strike threatens Ukraine export pact
By Nigel Hunt LONDON – Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised …
Slowdown and cooling prices could ease rate hike pressure on BoE – PMI
By William Schomberg LONDON -Britain’s businesses grew at their slowest pace in 17 months in July and inflation pressures eased, according to an industry survey …
Big Oil Making Big Bucks As Pump Prices Stay High
Big Oil Making Big Bucks As Pump Prices Stay High John Hugh DeMastri on July 21, 2022 ExxonMobil’s quarterly fuel profits could reach as high …
US power/natgas prices soar as heat wave boosts air conditioning use
(Reuters) – U.S. power and natural gas prices spiked in several regions on Thursday as homes and businesses cranked up air conditioners to keep cool …
Russian consumer prices dip again as cenbank rate meeting looms
MOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping …
UK property asking prices rise 9.3% on year – Rightmove
LONDON – Asking prices for British homes advertised for sale this month were 9.3% higher than a year earlier, down from a 9.7% rise in …
U.S. import prices rise less than expected in June
WASHINGTON – U.S. import prices increased less than expected in June, likely as a strong dollar helped to curb gains in the costs of goods …
U.S. producer prices accelerate in June, but underlying inflation slowing
WASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. …
It’s Not Just Gas — New Data Shows A Massive Explosion In Energy Prices Across The Board
It’s Not Just Gas — New Data Shows A Massive Explosion In Energy Prices Across The Board Micaela Burrow on July 13, 2022 Energy inflation …
More Japan firms to pass on costs of rising commodity prices, weak yen- Reuters poll
By Tetsushi Kajimoto TOKYO – Four out of five large Japanese firms are passing on higher commodity costs to customers or intend to do so, …
Russia records weekly consumer prices dip as cenbank rate meeting looms
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Consumer prices in Russia declined 0.03% …
CNBC Host Annihilates High-Ranking Democrat Over Gas Prices
CNBC Host Annihilates High-Ranking Democrat Over Gas Prices Harold Hutchison on July 12, 2022 Democratic Rep. Hakeem Jeffries of New York floundered when a host …
The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey
The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey Jack McEvoy on July 12, 2022 A Biden …
CARTER: Democrats’ Heads Are In The Clouds When It Comes To Lowering Drug Prices
CARTER: Democrats’ Heads Are In The Clouds When It Comes To Lowering Drug Prices Rep. Buddy Carter on July 10, 2022 Republicans have a plan …
Calgary Stampede back on with oil prices high, COVID rules low
By Rod Nickel (Reuters) – With crude prices around $100 a barrel and COVID-19 restrictions largely gone, the Calgary Stampede looks to reclaim its place …
Australia home prices slip in June as Sydney, Melbourne drag
By Wayne Cole SYDNEY – Australian home prices slipped for a second month in June as once red-hot markets in Sydney and Melbourne felt the …
Truckmaker MAN to raise prices to tackle energy, raw material inflation
BERLIN – German commercial vehicle maker Traton’s MAN unit plans to raise the prices of its trucks as expensive energy and raw materials ramp up …
Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices
By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to …
Russian consumer prices unchanged after three weeks of decline
MOSCOW – Russia’s consumer price index was flat in the week to June 24, having declined for three weeks in a row after a massive …
Millions risk undernourishment as wheat prices surge, FAO and OECD warn
PARIS – The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people …
UK shop prices jump by the most since 2008 – BRC
LONDON – British retailers raised prices at the fastest pace since 2008 this month, driven by the rapidly rising cost of food, according to industry …
From war to wild weather, global crop problems point to years of high food prices
By Karl Plume and Rod Nickel (Reuters) – Eric Broten had planned to sow about 5,000 acres of corn this year on his farm in …
Italy says can exceed 3.1% growth target for 2022 despite energy prices
ROME – Italy’s Treasury said the country’s economy could grow this year by at least as much as Rome’s official target of 3.1% set in …
Italy’s De Nora delivers on IPO, but prices at bottom of range
MILAN – Industrie De Nora will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though …
German sugar maker Suedzucker to raise prices, shift to coal power -report
BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to …
Analysis: High energy prices could sink U.S. stocks during earnings season
By David Randall NEW YORK – Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this …
Russian consumer prices decline for third week running
MOSCOW – Russia’s consumer price index (CPI) fell 0.12% in the week to June 17, down for a third week in a row after a …
PJM Capacity Auction Secures Electricity Supplies at Competitive Prices
Prices for the 2023/2024 Delivery Year were lower than in the previous auction for the 2022/2023 Delivery Year. As a result, sufficient resources plus robust …
Malaysia to disburse nearly $400 million to aid households over food prices
KUALA LUMPUR – Malaysia will distribute a total of 1.74 billion ringgit ($395.19 million) in cash aid to low-income households from this month to help …
Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015
By Uditha Jayasinghe COLOMBO -Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the …
United Airlines expects fuel prices to stay high over long-term, says CEO
DOHA – United Airlines expects fuel prices to stay high in the long-term, its chief executive said on Monday. Scott Kirby, speaking to reporters in …
Brazil’s Petrobras in talks to freeze fuel prices for 45 days -sources
RIO DE JANEIRO – Petrobras’ board of directors held discussions Friday over freezing fuel prices for 45 days, according to three sources with knowledge of …
Explainer: Why Russia drives European and British gas prices
By Susanna Twidale LONDON – Benchmark European and British gas prices are on course for gains of more than 50% this week after Russia said …
Tesla raises prices for some Model Y cars in China – website
SHANGHAI – Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed on Friday. The price for …
High fuel prices to persist into 2023, Wood Mackenzie says
By Rowena Edwards and Ron Bousso LONDON – Consumers can expect fuel prices at the pump to remain high into next year due to disruptions …
New Zealand house prices fall as credit conditions hurt -REINZ
WELLINGTON – New Zealand’s house prices fell in May as tighter credit conditions, higher mortgage rates and increased housing supply affected the market, the Real …
New Zealand food prices rise in May
WELLINGTON, June 14 – New Zealand food prices rose 0.7 percent in May, data from Statistics New Zealand showed on Tuesday, while the index rose …
DHL raises prices for parcel deliveries, calling it unavoidable
BERLIN – Logistics giant DHL will charge private customers more for parcel deliveries from July 1 as labour and transport costs have made price increases …
Britain orders review of fuel market as pump prices surge
LONDON – Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has …
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT Micaela Burrow on June 10, 2022 Food prices in the U.S. may get worse in …
Freeport LNG plant blast adds to strain on global supplies
By Liz Hampton, Sabrina Valle and Scott DiSavino HOUSTON -Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), …
S.Korea plans to manage steel scrap as strategic asset as prices surge
SEOUL – South Korea plans to manage steel scrap from cars and abandoned buildings and structures as a strategic material, a government official said on …
Biden’s Own Administration Admits ‘Historically High’ Energy Prices Aren’t Going Away Anytime Soon
Biden’s Own Administration Admits ‘Historically High’ Energy Prices Aren’t Going Away Anytime Soon Thomas Catenacci on June 7, 2022 The Biden administration acknowledged Tuesday that …