Indonesia books smallest fiscal deficit in 12 years in 2023
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah ($22.48 billion), equivalent to 1.65% of gross domestic product (GDP) based on…
South Korea focuses on fiscal discipline with smallest budget increase in two decades
By Jihoon Lee SEOUL (Reuters) – South Korea’s government plans to raise budget spending to nearly $497 billion for 2024, but the proposed increase is the smallest in two decades as authorities…
South Korea to hike minimum wage by 2.5% in 2024, smallest in three years
SEOUL (Reuters) – South Korea has decided to raise the minimum wage by a three-year low of 2.5% in 2024, its Minimum Wage Commission said on Wednesday, amid slowing growth and high…
German producer prices post smallest increase in two years
BERLIN (Reuters) – German producer prices posted their slowest annual increase in two years in April, according to data released on Friday, in a tentative sign that inflation may ease further in…
German import prices show smallest annual increase in two years
BERLIN (Reuters) – German import prices in February registered their smallest increase in two years as energy prices eased. February import prices were up 2.8% year on year, the statistics office said…
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on Thursday, providing further signs of a slowing…
U.S. job growth seen smallest in nearly two years in October, unemployment rate up
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in nearly two years in October and increased wages at a moderate pace, suggesting some loosening in labor market…
U.S. rains unlikely to help smallest Oklahoma wheat crop since 2014
CHICAGO – Rains this week in the U.S. Plains arrived too late to help much of the winter wheat in Oklahoma, the No. 2 U.S. producer of the grain, where farmers will…
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