INSTANT VIEW: Canada annual inflation rate slows to 3.4% in May
TORONTO (Reuters) – Canada’s annual inflation rate slowed to 3.4% in May on lower prices for gasoline as a result of the base-year effect, while mortgage interest costs remain high,…
TORONTO (Reuters) – Canada’s annual inflation rate slowed to 3.4% in May on lower prices for gasoline as a result of the base-year effect, while mortgage interest costs remain high,…
By Dan Burns (Reuters) – U.S. business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the…
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey showed, as authorities seek to…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s annual inflation rate topped 114% in May, but in a silver lining for the embattled South American country the monthly rise came…
SYDNEY (Reuters) – Australia’s business conditions eased sharply in May, dented by slower gains in sales and employment, suggesting demand growth is moderating in the wake of the central bank’s…
LISBON (Reuters) – Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the previous month, also slipping slightly on a monthly basis, flash…
BOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest economy slowed in May, bank board chief Leonardo Villar said…
SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday. The…
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.3% in the first quarter, data showed on Wednesday, hurt by a government plan to swap old…
By Giulio Piovaccari MILAN (Reuters) – Vehicle production has been slowed at a Stellantis plant in southern Italy in the past few days due to strikes by employees protesting over…
FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its options open on future moves as it continues its fight…
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to a trickle in April thanks to a combination of easing…
US Economic Growth Slows To A Crawl Jason Cohen on April 27, 2023 The U.S. economy slowed to a 1.1% annual growth rate in the first quarter of 2023, according…
JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data showed on Wednesday. On a month-on-month basis, the producer price…
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials remain set to raise interest rates at their May 2-3 meeting but key data between now and then, particularly a…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank…
WALL TOWNSHIP, NJ – A brush fire along the Garden State Parkway in the area of Wall Township slowed traffic along the Garden State Parkway during the Friday evening rush…
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Economic data has begun to fill in the portrait of a U.S. economy that is losing momentum, with reports over the…
TOKYO (Reuters) – Japan’s wholesale prices rose 7.2% in March from a year earlier, with the pace of increase slowing for the third straight month, data showed on Wednesday, offering…
MANILA (Reuters) – The Philippine central bank may consider pausing its monetary tightening next month if April inflation does not accelerate, the bank’s governor said on Sunday. Bangko Sentral ng…
WASHINGTON (Reuters) – The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in…
BERLIN (Reuters) – German consumer sentiment is set to nudge up in April as energy prices have relented somewhat from record highs, though a full recovery is not in sight…
WASHINGTON (Reuters) – U.S. single-family home prices moderated further on an annual basis in January, which together with declining mortgage rates could pull buyers back into the housing market. The…
SYDNEY (Reuters) – Australian retail sales eked out a meagre gain in February after wild swings around year-end holidays, indicating shoppers are reining in spending in the face of higher…
FRANKFURT (Reuters) – Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear to be taking their toll,…