Bird Flu Is Back For Thanksgiving, Killing Millions Of Turkeys And Jacking Up Prices John Hugh DeMastri on October 18, 2022 A new, deadly strain of the bird flu …
Prices
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U.S. import prices post third straight monthly decline in September
by Reutersby ReutersWASHINGTON (Reuters) – U.S. import prices dropped for a third straight month in September, pulled down by falling costs for petroleum products and a strong dollar, suggesting that imported inflation …
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Euro zone posts record trade deficit in August amid soaring energy prices
by Reutersby ReutersBRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high energy prices boosted its import bill, official …
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BERLIN (Reuters) – Germany’s wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released on Friday. Wholesale prices rose …
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High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns Jack McEvoy on October 13, 2022 High oil prices that will be pushed up …
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Rising Gas Prices Could Sink The Democrats’ Midterm Ambitions: POLL
Rising Gas Prices Could Sink The Democrats’ Midterm Ambitions: POLL Jack McEvoy on October 13, 2022 Higher gasoline prices will influence a majority of voters to vote for Republican …
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Volatile food prices led to India cenbank missing inflation forecasts – economists
by Reutersby ReutersBy Anushka Trivedi MUMBAI (Reuters) – India’s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that …
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DUBAI (Reuters) – Saudi Arabia’s inflation rose to 3.1% in September, driven mainly by higher food prices, rents, and the rising cost of utilities, the General Authority for Statistics said …
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Fewer Japanese households expect prices to rise a year from now – BOJ survey
by Reutersby ReutersTOKYO (Reuters) – The ratio of Japanese households expecting prices to rise a year from now stood at 85.7%, a quarterly central bank survey for September showed on Thursday, down …
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Key Inflation Metric Doubles Expectations With Core Prices Still Astronomically High
Key Inflation Metric Doubles Expectations With Core Prices Still Astronomically High John Hugh DeMastri on October 12, 2022 Wholesale inflation exceeded economists’ expectations year-over-year in September, according to the …
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Biden’s October Surprise Is Even Higher Gas Prices, Experts Say
Biden’s October Surprise Is Even Higher Gas Prices, Experts Say Jack McEvoy on October 11, 2022 National gasoline prices will rise to over $4 a gallon due to growing …
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Consumer prices in Brazil down for the third month on lower fuel costs
by Reutersby ReutersSAO PAULO (Reuters) – Brazil’s consumer prices were in deflationary territory for the third month in a row in September, data from government statistics agency IBGE showed on Tuesday, still …
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By Stephanie Kelly NEW YORK (Reuters) – The decision by the Organization of the Petroleum Exporting Countries and allies last week to cut oil production has spurred a flurry of …
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German companies look at offshore production as energy prices rocket
by Reutersby ReutersBy Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for businesses and is unlikely to …
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UK house prices fall again as higher borrowing costs weigh-Halifax
by Reutersby ReutersLONDON (Reuters) – British house prices fell for the second time in three months in September in month-on-month terms and rising borrowing costs are likely to exert “more significant downward …
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BUENOS AIRES (Reuters) – Argentina’s annual inflation could hit 100.3% this year, according to an analysts survey published by the country’s central bank on Thursday, jumping 5.3 percentage points from …
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Antofagasta CEO voices concern about recession hitting copper prices
by Reutersby ReutersMEXICO CITY (Reuters) – The chief executive of Chilean miner Antofagasta Plc, Ivan Arriagada, voiced concern on Wednesday that a more recessionary environment could depress copper prices, adding he expects …
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Hotel prices to rise at lower rate in 2023 in major business events cities -report
by Reutersby ReutersMADRID (Reuters) – Hotel prices will keep increasing in 2023 in most of the key cities for business events worldwide as demand for in-person meetings after pandemic disruptions grows, though …
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Wall Street cranks up Exxon’s outlook on booming natgas prices
by Reutersby ReutersBy Sabrina Valle HOUSTON (Reuters) – Wall Street analysts on Wednesday sharply increased their view of Exxon Mobil Corp’s third quarter earnings after the company disclosed a $2 billion profit …
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Soaring egg prices force French food industry to change recipes
by Reutersby ReutersPARIS (Reuters) – A more than doubling in egg prices in France due to soaring feed and energy costs and a lack of supplies after the worst ever bird flu …
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BERLIN (Reuters) – An increasing number of German companies are planning to raise their prices, the Ifo economic institute said on Wednesday, adding that this likely meant inflation was not …
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Explainer-Why are fuel prices rising again in some U.S. regions?
by Reutersby ReutersBy Laura Sanicola (Reuters) – After a tumultuous year, U.S. gasoline prices have been steadily falling from peaks reached in June due to high demand and tight global refining supply. …
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Euro zone Aug producer prices rise slightly more than expected
by Reutersby ReutersBRUSSELS (Reuters) – Euro zone producer prices jumped slightly more than expected in August, data showed on Tuesday, driven mainly by continuously rising energy costs, but price increases excluding that …
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Prices of petrol and diesel fall in Sudan – ministry statement
by Reutersby ReutersDUBAI (Reuters) – Petrol prices in Sudan fell on Tuesday from 700 Sudanese pounds to 522 pounds ($0.9235) per litre, the country’s energy ministry said in a statement following its …
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OPEC, Russia Consider Sending Oil Prices Even Higher Jack McEvoy on October 3, 2022 The Organization of the Petroleum Exporting Countries (OPEC) and Russia are considering significantly cutting oil …