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Prices

Japan’s July core inflation likely slowed on weaker commodity prices: Reuters poll

August 10, 2023
Japan's july core inflation likely slowed on weaker commodity prices: reuters poll - photo licensed by shore news network.

By Kantaro Komiya TOKYO (Reuters) – Japan’s core inflation likely eased in July, according to a Reuters poll of analysts, weighed by softer commodity prices, …

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South Korea think-tank raises inflation forecast on higher energy prices

August 9, 2023
South korea think-tank raises inflation forecast on higher energy prices - photo licensed by shore news network.

SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it …

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New Jersey Gas Prices Up 60 Cents in Six Months

August 9, 2023
New jersey gas prices up 60 cents in six months - photo licensed by shore news network.

TOMS RIVER, NJ – After promises by the federal government to stabilize gas prices earlier this year, gas prices in New Jersey have risen 60 …

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Brazilian consumer prices seen virtually flat in July vs June: Reuters poll

August 9, 2023August 9, 2023
Brazilian consumer prices seen virtually flat in july vs june: reuters poll - photo licensed by shore news network.

By Gabriel Burin (Reuters) – Brazil’s consumer prices barely rose on the month in July, a Reuters poll of economists estimated, with an expected drop …

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Barrick beats quarterly profit estimates on higher gold prices

August 8, 2023
Barrick beats quarterly profit estimates on higher gold prices - photo licensed by shore news network.

(Reuters) -Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. …

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Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll

August 8, 2023August 8, 2023
Euro zone consumers expect lower inflation, sluggish housing prices - ecb poll - photo licensed by shore news network.

FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic about their purchasing power and …

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Mexican prices seen sticking to downward trend, likely eased in July: Reuters poll

August 7, 2023
Mexican prices seen sticking to downward trend, likely eased in july: reuters poll - photo licensed by shore news network.

MEXICO CITY (Reuters) – Rising consumer prices in Mexico likely slowed in July, which would mark the sixth straight monthly inflation rate drop, a Reuters …

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Gas Prices Spike in New Jersey, Causing Financial Pain for Commuters

August 7, 2023
Gas prices spike in new jersey, causing financial pain for commuters - photo licensed by shore news network.

TRENTON, NJ – The gas price in New Jersey and nationwide is up again. With prices edging close to $4 per gallon, the average price …

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Gas Prices Spike Almost 30 Cents In Just A Month, Posing Potential Headache For Biden

August 7, 2023

Gas Prices Spike Almost 30 Cents In Just A Month, Posing Potential Headache For Biden Nick Pope on August 7, 2023 The average per-gallon price …

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Airlines take aim at Italy’s plans to bring down sky-high prices

August 7, 2023
Airlines take aim at italy's plans to bring down sky-high prices - photo licensed by shore news network.

ROME (Reuters) – A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer …

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Regency Centers sees strong annual profit on higher rental prices, leasing demand

August 3, 2023

(Reuters) – Regency Centers Corp on Thursday lifted the bottom end of its forecast for annual profit and funds from operations, signaling higher rental prices …

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Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal

August 3, 2023
Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal - photo licensed by shore news network.

By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol …

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Cruise operators plan to hike prices as costs rise, demand swells

August 3, 2023
Cruise operators plan to hike prices as costs rise, demand swells - photo licensed by shore news network.

By Doyinsola Oladipo and Granth Vanaik NEW YORK (Reuters) – Cruise vacations in the past year have emerged as a popular option among consumers in …

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US services sector slows in July while prices pick up, ISM survey shows

August 3, 2023August 3, 2023
Us services sector slows in july while prices pick up, ism survey shows - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. services sector slowed in July, but businesses faced higher prices for inputs as demand continued to hold up, suggesting a …

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Toronto home prices fall for second straight month in July

August 3, 2023August 3, 2023
Toronto home prices fall for second straight month in july - photo licensed by shore news network.

TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in July for the second straight month and home sales tumbled nearly 30% as the …

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Clorox forecasts strong annual profit on higher prices, steady demand

August 2, 2023
Clorox forecasts strong annual profit on higher prices, steady demand - photo licensed by shore news network.

By Ananya Mariam Rajesh and Kailyn Rhone (Reuters) – Clorox on Wednesday forecast annual profit above Wall Street estimates after fourth-quarter results beat expectations, boosted …

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Ternium forecasts lower third-quarter earnings as steel prices drop

August 1, 2023August 1, 2023
Ternium forecasts lower third-quarter earnings as steel prices drop - photo licensed by shore news network.

MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat and steel prices dropped, prompting …

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China new home prices fall for third month in July – survey

July 31, 2023
China new home prices fall for third month in july - survey - photo licensed by shore news network.

BEIJING (Reuters) – Average new home prices in 100 Chinese cities fell for a third consecutive month in July, while more measures are expected in …

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Gas Prices Are Quietly Creeping Back Up As Biden Admin Touts ‘Bidenomics’

July 31, 2023

Gas Prices Are Quietly Creeping Back Up As Biden Admin Touts ‘Bidenomics’ Nick Pope on July 31, 2023 Gas prices have quietly been on the …

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Australia home prices rise 5th straight month but pace slowing -CoreLogic

July 31, 2023July 31, 2023
Australia home prices rise 5th straight month but pace slowing -corelogic - photo licensed by shore news network.

By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose for a fifth straight month in July, according to property consultant CoreLogic, although the monthly …

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Tesla to cut prices on some Model 3, Model Y in HK -media

July 31, 2023July 31, 2023
Tesla to cut prices on some model 3, model y in hk -media - photo licensed by shore news network.

BEIJING (Reuters) – U.S. automaker Tesla is set to cut prices on multiple variants of its Model 3 and Model Y vehicles in Hong Kong …

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Analysis-Oil inventory drops set stage for higher prices

July 31, 2023July 31, 2023
Analysis-oil inventory drops set stage for higher prices - photo licensed by shore news network.

By Ahmad Ghaddar, Arathy Somasekhar and Trixie Yap LONDON/HOUSTON/SINGAPORE (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained …

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Church & Dwight lifts annual targets on higher prices, steady demand

July 28, 2023July 28, 2023
Church & dwight lifts annual targets on higher prices, steady demand - photo licensed by shore news network.

(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and …

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Italy eyes deal with supermarkets to control prices of essential goods

July 28, 2023July 28, 2023
Italy eyes deal with supermarkets to control prices of essential goods - photo licensed by shore news network.

By Giuseppe Fonte ROME (Reuters) – Italy’s government is trying to broker a deal with supermarkets and producers to control prices of essential consumer goods …

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Singapore home prices rise despite cooling measures

July 28, 2023
Singapore home prices rise despite cooling measures - photo licensed by shore news network.

By Chen Lin SINGAPORE (Reuters) – Singapore’s private home prices rose 3.1% in the first half of the year, official data showed on Friday, bucking …

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Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices

July 28, 2023July 28, 2023
Keurig dr pepper beats sales estimates, posts strong forecast on higher prices - photo licensed by shore news network.

(Reuters) – Keurig Dr Pepper Inc beat Wall Street estimates for quarterly results on Thursday and forecast higher annual sales, as the soda maker benefits …

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Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers

July 24, 2023

Brits May Ditch Net Zero Policies As Increased Prices Burn Consumers Nick Pope on July 24, 2023 The U.K. government may pivot away from its …

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Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket

July 24, 2023

Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket Nick Pope on July 24, 2023 Billions of dollars in scheduled offshore wind developments in …

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Spain’s producer prices fall 8.1% year-on-year in June

July 24, 2023July 24, 2023
Spain's producer prices fall 8. 1% year-on-year in june - photo licensed by shore news network.

MADRID (Reuters) – Spanish producer prices fell 8.1% in the 12 months through June, compared with a revised 6.8% decline in the period through May, …

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Biden Admin Proposes New Rule To Jack Up Prices For Oil And Gas Leases

July 21, 2023

Biden Admin Proposes New Rule To Jack Up Prices For Oil And Gas Leases Nick Pope on July 21, 2023 The Biden administration unveiled a …

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PPG Industries raises forecast as higher prices boost quarterly results

July 20, 2023
Ppg industries raises forecast as higher prices boost quarterly results - photo licensed by shore news network.

(Reuters) – PPG Industries raised its full-year profit forecast on Thursday after beating second-quarter profit estimates as strong prices helped the industrial coatings maker offset …

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South Korea producer prices fall for first time in 31 months

July 20, 2023July 20, 2023
South korea producer prices fall for first time in 31 months - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s producer prices fell in June on an annual basis for the first time in 31 months, central bank data showed …

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YouTube hikes prices for US premium subscribers for the first time

July 20, 2023
Youtube hikes prices for us premium subscribers for the first time - photo licensed by shore news network.

(Reuters) -YouTube, Google’s video streaming platform, hiked prices on its monthly and annual premium plans in the United States for the first time since the …

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Copper miners squeezed by lower prices, higher labor costs

July 19, 2023
Copper miners squeezed by lower prices, higher labor costs - photo licensed by shore news network.

By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized …

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China’s Economic Turmoil Could Raise Prices For The Average American, Experts Say

July 19, 2023

China’s Economic Turmoil Could Raise Prices For The Average American, Experts Say Will Kessler on July 19, 2023 China’s economy is struggling after failing to …

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Major Automaker Slashes Prices As It Struggles To Unload Electric Vehicles

July 18, 2023

Major Automaker Slashes Prices As It Struggles To Unload Electric Vehicles John Hugh DeMastri on July 18, 2023 Ford cut the price of the electric …

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South Korea home prices stabilise in June as buying in Seoul improves

July 17, 2023July 17, 2023
South korea home prices stabilise in june as buying in seoul improves - photo licensed by shore news network.

SEOUL (Reuters) – South Korea’s home prices were flat in June, data showed on Monday, as prices in the capital Seoul city stopped falling for …

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UK consumer group calls for government action on grocery prices

July 16, 2023
Uk consumer group calls for government action on grocery prices - photo licensed by shore news network.

By James Davey LONDON (Reuters) – British consumer group Which? has urged the government to take action to support households when the competition watchdog publishes …

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Asking prices for UK homes slip as BoE’s rates rises bite, survey

July 16, 2023July 16, 2023
Asking prices for uk homes slip as boe's rates rises bite, survey - photo licensed by shore news network.

LONDON (Reuters) – Asking prices for residential homes in Britain fell in July as rising mortgage costs and increasing buyer affordability constraints prompted sellers to …

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US Fed’s Daly says rate hikes essential to bring down prices

July 13, 2023July 13, 2023
Us fed's daly says rate hikes essential to bring down prices - photo licensed by shore news network.

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to bring down high inflation in …

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US producer prices barely rise in June; core PPI subsides

July 13, 2023
Us producer prices barely rise in june; core ppi subsides - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, more …

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India inflation likely rose to 4.58% in June on higher food prices: Reuters poll

July 10, 2023July 10, 2023
India inflation likely rose to 4. 58% in june on higher food prices: reuters poll - photo licensed by shore news network.

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll …

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Soaring vegetable prices may tip India’s delicate inflation balance -economists

July 10, 2023July 10, 2023
Soaring vegetable prices may tip india's delicate inflation balance -economists - photo licensed by shore news network.

MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% …

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McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge

July 7, 2023
Mcdonald's drops tomatoes from india offerings, citing quality concerns as prices surge - photo licensed by shore news network.

By Riddhima Talwani and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in …

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World food prices fall again in June – UN food agency

July 7, 2023
World food prices fall again in june - un food agency - photo licensed by shore news network.

ROME (Reuters) – The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down …

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Toronto home prices fall in June as borrowing costs rise

July 6, 2023July 6, 2023
Toronto home prices fall in june as borrowing costs rise - photo licensed by shore news network.

TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in June, the first drop in five months, as the Bank of Canada’s move to …

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China’s Latest Move Could Send Electronic Prices Skyrocketing For Americans

July 5, 2023

China’s Latest Move Could Send Electronic Prices Skyrocketing For Americans Nick Pope on July 5, 2023 China’s announcement that it will implement export controls on …

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Tesla cuts prices in Japan for Model 3 and Y

July 5, 2023
Tesla cuts prices in japan for model 3 and y - photo licensed by shore news network.

TOKYO (Reuters) – Tesla Inc cut prices in Japan of its Model 3 and Y electric vehicles by low single-digit percentages from the start of …

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Australian home prices climb for fourth month in June

July 2, 2023July 2, 2023
Australian home prices climb for fourth month in june - photo licensed by shore news network.

SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, …

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China new home prices edge down in June for second consecutive month

June 30, 2023
China new home prices edge down in june for second consecutive month - photo licensed by shore news network.

BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing …

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