LIMA (Reuters) – Inflation in Peru will likely end January at a rate between 8.8% and 8.9% on an annual basis, the country’s minister of economy said on Monday, as …
Prices
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(Reuters) – E-commerce giant Amazon.com Inc said on Thursday it will increase the prices of some of its music subscription plans from February. The price of Amazon Music’s ‘Unlimited Individual …
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CARACAS (Reuters) – Venezuela’s down-at-the-heel bolivar currency fell to 20 per dollar, according to official data for Wednesday, complicating attempts by the government of President Nicolas Maduro to control inflation. …
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LINDA MCMAHON: Sunny Prices Report Hides Discouraging Reality — Inflation Is Still Here
LINDA MCMAHON: Sunny Prices Report Hides Discouraging Reality — Inflation Is Still Here Linda McMahon on January 18, 2023 While the Biden Administration is in a self-congratulatory mood about today’s …
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Canada December producer prices down 1.1% on petroleum, softwood
by Reutersby ReutersJan 18 (Reuters) – Producer prices in Canada fell by 1.1% in December from November on lower prices for refined petroleum energy products, as well as softwood lumber, Statistics Canada …
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Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022 John Hugh DeMastri on January 18, 2023 Wholesale prices dropped below investor expectations while still remaining …
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WASHINGTON (Reuters) – U.S. producer prices fell more than expected in December as the costs of energy products and food declined, offering more evidence that inflation was receding. The producer …
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New Zealand house prices continue to fall as interest rates hurt
by Reutersby ReutersWELLINGTON (Reuters) – New Zealand house prices fell in December on the prior month as interest rates rose and more difficulty accessing bank finance contributed to continued hesitancy in the …
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Analysis: India’s rising home prices, rentals a new inflation threat
by Reutersby ReutersBy Siddhi Nayak MUMBAI (Reuters) – Rising home prices and rentals in large Indian cities could pose a new challenge to the country’s central bank in its fight against inflation, …
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Gold prices seen rising towards record highs as rate rises near end
by Reutersby ReutersBy Peter Hobson LONDON (Reuters) – Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States …
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BERLIN (Reuters) – Germany’s wholesale price index rose in December compared with the same month last year although at a slower pace than in previous months, according to data released …
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NEW YORK (Reuters) – U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods, suggesting that …
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U.S. consumer prices fall in December; weekly jobless claims edge down
by Reutersby ReutersWASHINGTON (Reuters) – U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods, suggesting that inflation …
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(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by a recovery in demand prompted by China reopening its borders …
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SHANGHAI (Reuters) – A growing number of listing applicants on the Beijing Stock Exchange are slashing the floor prices of their planned initial public offerings (IPOs), as the pandemic-hit companies …
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Spain seeks to set nuclear and hydro prices to end windfall profits
by Reutersby ReutersMADRID (Reuters) – Spain wants the EU to allow it to set prices for nuclear and hydroelectric as it seeks to decouple the cost of electricity production from gas and …
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SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras will cut natural gas prices by an average 11.1% starting Feb. 1, it said on Tuesday on its website. Petroleo Brasileiro …
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McDonald’s Japan hikes prices for 3rd time in 10 months on surging costs
by Reutersby ReutersBy Rocky Swift TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants announced its third price hike in less than a year on Friday in the latest sign of compounding …
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BRUSSELS (Reuters) – Euro zone producer prices fell month-on-month as expected in November, the EU’s statistics office said on Thursday, pulled down by falling costs of energy. The European Union’s …
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U.S. manufacturing sector contracts, prices decline in December-ISM
by Reutersby ReutersWASHINGTON (Reuters) – U.S. manufacturing contracted further in December, but weakening demand amid higher borrowing costs pushed a measure of prices paid by factories for inputs to the lowest level …
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MOSCOW (Reuters) – The rouble opened weaker on Wednesday amid lower oil prices and thin trading volumes during public holidays in Russia. At 0714 GMT, the rouble was 0.6% weaker …
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SHANGHAI (Reuters) – Leading Chinese electric car manufacturer BYD Co has adjusted its product prices starting from Jan. 1, citing the impact of reduced subsidies for new energy vehicles since …
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China home prices fall at faster pace in December – private survey
by Reutersby ReutersBEIJING(Reuters) – China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising COVID-19 cases despite a slew …
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South Korea to raise electricity prices for Q1 2023 by nearly 10%
by Reutersby ReutersSEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its …
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HONG KONG (Reuters) – Hong Kong private home prices dropped 3.3% in November to the lowest since August 2017, official data showed on Wednesday, as its housing market – one …