Australia retail sales rebound after fall, annual rate slows further
SYDNEY (Reuters) – Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that …
Slows
Thailand’s employment growth drops in Q2 as economy slows
BANGKOK (Reuters) – Thailand’s employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, …
Nigeria’s GDP growth slows to 2.5% y/y in Q2 as reforms get under way
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.51% in the second quarter, data showed on Friday, hurt by a …
Ukraine’s annual consumer inflation slows to 11.3% in July
KYIV (Reuters) – Ukraine’s annual consumer inflation slowed to 11.3% in July compared with the same month a year ago, the statistics service said on …
UK hiring falls at fastest pace in over three years, wage growth slows
By Suban Abdulla LONDON (Reuters) – British employers reduced the number of new permanent staff they hired through recruitment agencies by the most since mid …
Indonesia’s Q2 GDP growth likely slows as exports weaken: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy likely grew 4.93% from a year earlier in the April-June quarter, the slowest since the third quarter …
US services sector slows in July while prices pick up, ISM survey shows
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 …
US productivity surges in second quarter; labor costs growth slows
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the …
Canadian factory activity slows for third straight month in July
By Fergal Smith TORONTO (Reuters) – Canada’s manufacturing sector contracted for the third straight month in July as an uncertain economic outlook held back new …
Rate hike push slows in July as Chile marks turn of the EM cycle
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes across major developed and emerging economies shifted into …
Indonesia’s July inflation rate slows to 3.08% y/y
JAKARTA (Reuters) – Indonesia’s annual inflation rate cooled further to 3.08% in July, moving closer to the middle of the central bank’s target range and …
Hong Kong quarterly GDP growth slows on sluggish global economy
HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the …
US labor costs growth slows in second quarter
WASHINGTON (Reuters) – U.S. labor costs increased less than expected in the second quarter as wage growth cooled a bit, offering a boost to the …
Inflation in Japan’s capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well above the central bank’s 2% …
Euro zone lending slows further as rate hikes bite
FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher interest rates are putting a …
Japan’s business services inflation slows in June
TOKYO (Reuters) – Japan’s business-to-business service inflation slowed in June, data showed on Wednesday, suggesting that companies remained slow in passing on rising labour costs …
US existing home sales fall; annual house price decline slows
WASHINGTON (Reuters) – U.S. existing home sales dropped to a five month-low in June, depressed by a chronic shortage of houses on the market that …
Instant View: Canada annual inflation rate slows to 2.8% in June
(Reuters) – Canada’s annual inflation rate slowed to 2.8% in June on lower prices for gasoline as a result of the base-year effect, while food …
Australia expects unemployment rate to rise as global economy slows
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on …
European assets jump after U.S. inflation slows
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the …
UK business momentum slows in June despite falling inflation -PMI
By David Milliken LONDON (Reuters) – Growth in Britain’s private sector slowed sharply last month, despite businesses facing lower inflation, as higher Bank of England …
German services sector loses some shine as growth slows -PMI
BERLIN (Reuters) – Growth in Germany’s services sector slowed in June amid signs a recent resurgence in demand was losing steam, a survey showed on …
Italy’s service sector grows in June, but pace slows again – PMI
ROME (Reuters) – Italy’s services sector grew in June for a sixth month running, albeit at a slower pace than in May, with higher interest …
Canadian factory activity slows further in June
By Fergal Smith TORONTO (Reuters) – Contraction in Canada’s manufacturing sector deepened slightly in June as an uncertain economic outlook weighed on both domestic and …
China’s debt relief to poor countries slows amid continuing appeals for support
By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group …
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 …
US business activity growth slows in June but services keep humming along
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 …
China seen cutting key lending benchmarks as economy slows
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 …
Argentina annual inflation hits 114% but monthly rate slows unexpectedly
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 …
Australia business activity slows sharply in May, more risks ahead
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 …
Portugal’s inflation slows down sharply to 4% in May
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 …
Colombia’s central bank could end rate hikes if inflation slows more -board chief
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 …
South Korea producer inflation slows to 27-month low in April
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 …
Nigeria GDP growth slows ahead of interest rate announcement
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 …
Output slows at Stellantis plant in Italy as workers strike over conditions
By Giulio Piovaccari MILAN (Reuters) – Vehicle production has been slowed at a Stellantis plant in southern Italy in the past few days due to …
ECB slows rate hikes and keeps options open
FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its options open on future moves …
Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to a trickle in April thanks …
US Economic Growth Slows To A Crawl
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 …
South Africa’s producer inflation slows to 10.6% y/y in March
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 …
Fed tilts toward rate hike, with a possible pause in view as lending slows
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 …
Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021
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 …
Brush fire on Parkway slows Friday evening rush
WALL TOWNSHIP, NJ – A brush fire along the Garden State Parkway in the area of Wall Township slowed traffic along the Garden State Parkway …
The case for a ‘one and done’ Fed rate hike grows as economy slows
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 …
Japan March wholesale inflation slows for 3rd straight month
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, …
Philippine central bank may consider pausing rate rises if inflation slows
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 …
U.S. service sector slows in March; inflation cooling – ISM survey
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 …
German consumer morale slows down on path to recovery – GfK
BERLIN (Reuters) – German consumer sentiment is set to nudge up in April as energy prices have relented somewhat from record highs, though a full …
US annual house price growth slows further in January
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 …
Australia retail sales growth slows to 0.2% in February
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 …
Euro zone lending slows again in Feb, ECB says
FRANKFURT (Reuters) – Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear …