TOKYO – An index measuring prices Japanese firms charge each other for services rose in April at the fastest annual pace in more than two years, data showed on Thursday, …
Prices
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Countries Are Hoarding Food Supplies As Prices Spike, Hunger Crisis Looms
Countries Are Hoarding Food Supplies As Prices Spike, Hunger Crisis Looms Laurel Duggan on May 25, 2022 Countries are imposing export restrictions on food in light of shortage concerns sparked …
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Sri Lanka hikes fuel prices, encourages people to work from home
by Reutersby ReutersCOLOMBO – Sri Lanka hiked petrol prices by 20%-24% on Tuesday and also increased diesel prices by 35%-38%, Power and Energy Minister Kanchana Wijesekera said. In a message on Twitter, …
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Top anti-inflation official in Argentina resigns as prices surge
by Reutersby ReutersBUENOS AIRES – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on Monday due to differences over how to contain steadily creeping prices, …
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ATHENS – Greece said on Monday the European Commission has initially approved its scheme to set a ceiling on wholesale electricity prices and mitigate the impact of soaring energy costs …
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Gas Prices Nearing $5 Per Gallon in New Jersey
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – Gas prices across the Jersey Shore edged higher this weekend, and while in some places along the shore, prices reached $5 per gallon for regular unleaded …
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Britain’s Nationwide warns inflation surge could dent house prices
by Reutersby ReutersBy Lawrence White and Iain Withers LONDON – Nationwide Building Society said on Friday rocketing inflation could send British house prices into reverse, in one of the clearest warnings yet …
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U.S. existing home sales fall for third straight month; house prices at record high
by Reutersby ReutersWASHINGTON – U.S. existing home sales dropped to the lowest level in nearly two years in April as house prices jumped to a record high amid a persistent lack of …
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US Will Soon See Average Gas Prices Above $6 A Gallon, Energy Analyst Says
US Will Soon See Average Gas Prices Above $6 A Gallon, Energy Analyst Says Thomas Catenacci on May 18, 2022 The average price of gasoline nationwide could reach $6 per …
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Why Indonesia’s palm oil export ban has not cooled cooking oil prices
by Reutersby ReutersBy Bernadette Christina and Fransiska Nangoy (Reuters) – Indonesia, the world’s biggest palm oil exporter, has since April 28 halted shipments of the edible oil in a bid to flood …
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By Howard Schneider (Reuters) – Online prices fell 0.5% in April and U.S. consumers pulled back on electronic commerce, possibly reflecting a change in consumer behavior and the Federal Reserve’s …
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Biden Cancels More Oil And Gas Leases As Fuel Prices Skyrocket
Biden Cancels More Oil And Gas Leases As Fuel Prices Skyrocket Thomas Catenacci on May 12, 2022 The Biden administration canceled all three remaining offshore oil and gas lease sales …
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‘The Strength That We’ve Built Is Inflation’: Biden Attempts To Explain Plan To Address Rising Prices
‘The Strength That We’ve Built Is Inflation’: Biden Attempts To Explain Plan To Address Rising Prices Laurel Duggan on May 10, 2022 President Joe Biden said inflation was both a …
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Fuel Prices Hit Record Highs After Biden Promised To Lower Costs
Fuel Prices Hit Record Highs After Biden Promised To Lower Costs Thomas Catenacci on May 10, 2022 The average price of gasoline in the U.S. shot up to a new …
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New Ad Claims Biden Can Cut Gas Prices By 30 Cents Per Gallon ‘With The Stroke Of A Pen’
New Ad Claims Biden Can Cut Gas Prices By 30 Cents Per Gallon ‘With The Stroke Of A Pen’ Thomas Catenacci on May 9, 2022 A fossil fuel industry group …
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SANTIAGO – Chile’s consumer prices rose 1.4% in April boosted by rising costs in food and non-alcoholic beverages, the government’s statistics agency said on Friday. The figure, which was also …
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Food prices ease slightly in April after record surge, U.N. agency says
by Reutersby ReutersROME – World food prices eased slightly in April after hitting a record high in March, but global food security remained a concern because of the difficult market conditions, U.N. …
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U.S. fuel prices surge faster than crude as exports tighten market
by Reutersby ReutersBy Stephanie Kelly NEW YORK – U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has shipped more refined products abroad …
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By Yoshifumi Takemoto and Kantaro Komiya TOKYO – Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April from a year earlier, marking …
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Gas Prices on the Rise Again in New Jersey, Diesel Soars to New Records
by Phil Stiltonby Phil StiltonToms River, NJ – Gas prices across New Jersey are back on the rise with some stations in the Jersey Shore area charging as much as $3.40 per gallon. According …
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U.S. service sector slows; input prices measure at record high – ISM survey
by Reutersby ReutersWASHINGTON – U.S. services industry growth unexpectedly slowed in April, with employment contracting for the second time this year, while a measure of input prices raced to a record high. …
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By John Revill ZURICH -Geberit will raise prices again this year as it tackles “an unprecedented surge” in raw materials costs hitting the construction industry, the Swiss plumbing products maker …
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Biden Admin Silent On The Fate Of Major Natural Gas Pipeline As Energy Prices Soar
Biden Admin Silent On The Fate Of Major Natural Gas Pipeline As Energy Prices Soar Thomas Catenacci on May 3, 2022 The Biden administration has remained silent on a key …
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LONDON – Shop prices in Britain surged last month at the fastest rate in more than a decade and worse is to come, according to a survey published on Wednesday …
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No let off to oil prices as Russia barrels disappear from market – BP CEO
by Reutersby ReutersLONDON – BP does not expect any let off in oil prices in the near term as the volume of Russian oil impacted by Western sanctions was expectd to double, …