WASHINGTON (Reuters) – U.S. import prices were unexpectedly unchanged in December after two straight monthly decreases, but the trend in imported inflation remained subdued. The unchanged reading in import prices …
Prices
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By Divya Chowdhury DAVOS, Switzerland (Reuters) -Budget furniture retailer IKEA is sticking to planned price cuts despite Red Sea shipping disruptions pushing up costs, and has sufficient stocks to absorb …
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MIsc. News
Venezuela’s 2023 inflation hit nearly 190%, but December prices barely ticked up
by Reutersby ReutersCARACAS (Reuters) – Venezuela’s annual inflation rate settled at 189.8% last year, according to data from the central bank released on Friday, marking a slight easing of the still sky-high …
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(Reuters) – Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. government report pointed to less …
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MIsc. News
India’s retail inflation rises to four-month high in December on higher food prices
by Reutersby ReutersBy Nikunj Ohri NEW DELHI (Reuters) -India’s annual retail inflation rose at the fastest pace in four months in December, driven by a rise in prices of some food items, …
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SHANGHAI (Reuters) – The price of Tesla’s new China Model 3 dropped to 245,900 yuan, and the price of the Model Y dropped to 258,900 yuan, as of Jan. 12, …
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MIsc. News
US power prices soar ahead of extreme cold and record natgas demand
by Reutersby ReutersBy Scott DiSavino (Reuters) – Frigid weather moving into the central U.S. will boost natural gas demand to record highs early next week, according to analysts forecasts, putting power and …
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MIsc. News
Irish services sector growth slows in December as prices rise – PMI
by Reutersby ReutersDUBLIN (Reuters) – Growth in Ireland’s services sector slowed in December as higher prices tempered new business demand, but new exports and the outlook for future activity both improved, a …
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MIsc. News
Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
by Reutersby ReutersSYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have …
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By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to …
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MIsc. News
Turkey’s minimum wage hike seen fuelling prices, hitting inflation outlook
by Reutersby ReutersBy Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s larger-than-expected minimum wage hike, which impacts some 7 million workers, is expected to push already elevated inflation even higher in …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Home Prices Hit New High In Nine Month Climb As Affordability Tumbles
Home Prices Hit New High In Nine Month Climb As Affordability Tumbles Will Kessler on December 26, 2023 U.S. home prices climbed to their highest point ever in October alongside …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
JOE TROTTER: How Soaring Prices Cast A Pall Over Holiday Cheer
JOE TROTTER: How Soaring Prices Cast A Pall Over Holiday Cheer Joe Trotter on December 26, 2023 The holiday season is here, and Americans are preparing for a time of …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden’s Signature Law Was Supposed To Lower Drug Prices, But It’s Doing Just The Opposite
Biden’s Signature Law Was Supposed To Lower Drug Prices, But It’s Doing Just The Opposite Will Kessler on December 22, 2023 President Joe Biden has sought to bring down drug …
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(Reuters) – Drugmaker GSK Plc said on Friday that it will cut U.S. list prices on asthma drug Advair, herpes drug Valtrex, and anti-epileptic medication Lamictal on Jan. 1, 2024. …
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By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier in a further grim …
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Breaking News
Food Prices Are Going Down in New Jersey, New York According to White House: Fact or Fiction?
TRENTON, NJ – The cost of food for Americans, especially those in New Jersey, New York, and Pennsylvania, is declining. Consumers should be rejoicing over the low costs of Thanksgiving …
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MIsc. News
Brazil airlines shares rise on relief amid Lula push for lower ticket prices
by Reutersby ReutersBy Gabriel Araujo SAO PAULO (Reuters) – Shares of Brazilian airlines rose on Tuesday on investor relief that a government deal to lower ticket prices was not as heavy-handed as …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Admin Locks In Skimpiest Offshore Oil And Gas Leasing Schedule In US History As Prices Remain High At The Pump
Biden Admin Locks In Skimpiest Offshore Oil And Gas Leasing Schedule In US History As Prices Remain High At The Pump Nick Pope on December 15, 2023 The Biden administration …
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WASHINGTON (Reuters) – U.S. import prices fell for a second straight month in November amid decreases in the costs of energy products and motor vehicles, suggesting that import deflation could …
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NEW DELHI (Reuters) -India’s wholesale price index in November rose 0.26% from a year earlier, returning to positive territory after seven months on higher food prices, government data showed on …
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By Miguel Lo Bianco BUENOS AIRES (Reuters) – The relentless pace of creeping prices in Argentina provides the new president’s plan for immediate shock therapy little margin for error, with …
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By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell in November, but more broadly sales activity is improving with more listings coming to market and houses selling more …
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By Gabriel Araujo SAO PAULO (Reuters) – Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in …
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MIsc. News
India inflation likely rebounded in November on higher food prices – Reuters poll
by Reutersby ReutersBy Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely picked up in November due to higher food prices after declining for three months, bringing it closer to the upper …