LONDON – British house prices rose in July at the slowest monthly pace in a year and the market is likely to slow further as the cost-of-living squeeze tightens and …
Prices
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China July home prices, sales volume fall as sentiment wilts – survey
by Reutersby ReutersBEIJING – China’s July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment further corroded by nationwide threats …
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Australia home prices slide, Sydney suffers worse month in 40 years
by Reutersby ReutersBy Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid …
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L’Oreal may continue to raise prices in a targeted manner, CEO says
by Reutersby ReutersBy Mimosa Spencer PARIS – L’Oreal may continue to raise prices in the second half of the year to offset rising production costs, but would do so in a very …
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By Wayne Cole SYDNEY – Australian retail sales edged higher in June but missed market forecasts for the first time in several months, a sign soaring inflation and rising interest …
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HONG KONG – Hong Kong private home prices fell at a faster pace in June and dropped to the lowest since December 2020, official data showed on Wednesday, as homebuyers …
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Panama to regulate prices of 72 food items to ease rising living costs
by Reutersby ReutersPANAMA CITY – The Panamanian government announced on Monday it will regulate the price of 72 food items following weeks of angry protests and street blockades demanding the government take …
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Wheat prices rise as missile strike threatens Ukraine export pact
by Reutersby ReutersBy Nigel Hunt LONDON – Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will …
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Slowdown and cooling prices could ease rate hike pressure on BoE – PMI
by Reutersby ReutersBy 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 that might reduce pressure on …
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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 as $4.4 billion in the …
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US power/natgas prices soar as heat wave boosts air conditioning use
by Reutersby Reuters(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 as a brutal heat wave …
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Russian consumer prices dip again as cenbank rate meeting looms
by Reutersby ReutersMOSCOW – 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 the door open for the …
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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 June as mortgage costs rise …
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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 excluding petroleum products, offering some …
- Financial News
U.S. producer prices accelerate in June, but underlying inflation slowing
by Reutersby ReutersWASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. The producer price index for …
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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 hit its largest yearly increase …
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More Japan firms to pass on costs of rising commodity prices, weak yen- Reuters poll
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO – Four out of five large Japanese firms are passing on higher commodity costs to customers or intend to do so, a Reuters poll found, a …
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Russia records weekly consumer prices dip as cenbank rate meeting looms
by Reutersby Reuters(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% in the week to July …
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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 of CNBC’s “Squawk Box” lambasted …
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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 administration economic official credited President …
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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 to combat high prescription drug …
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Calgary Stampede back on with oil prices high, COVID rules low
by Reutersby ReutersBy Rod Nickel (Reuters) – With crude prices around $100 a barrel and COVID-19 restrictions largely gone, the Calgary Stampede looks to reclaim its place this year as Canada’s biggest …
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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 chill from rising interest rates …
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Truckmaker MAN to raise prices to tackle energy, raw material inflation
by Reutersby ReutersBERLIN – German commercial vehicle maker Traton’s MAN unit plans to raise the prices of its trucks as expensive energy and raw materials ramp up costs but demand remains high, …
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Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices
by Reutersby ReutersBy Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to tip many of its fellow …