Israel Inflation Hits 14Year High of 4.4 in June

JERUSALEM, July 15 Reuters Israel39;s annual consumer price index CPI rose 4.4 in June, the most since November 2008, the Central Bureau of Statistics said on Friday as another rise in interest rates beckons. A Reuters poll of analysts had projected 4.5. CPI rose 0.4 in June from May, led by gains in transport, housing […]
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China June Industrial Output Rises 3.9

BEIJING, July 15 Reuters China39;s industrial output grew 3.9 in June from a year earlier, quickening from a 0.7 rise in May, official data showed on Friday, as activity began to recover from months of crippling COVID lockdowns. The expansion was weaker than a 4.1 increase that analysts had forecast in a Reuters poll. Retail […]
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Britain in 2.8 bln Upgrade for Typhoon Warplanes

RAF FAIRFORD, England, July 15 Reuters Britain on Friday announced a 2.35 billion pound 2.78 billion upgrade, including a new radar and enhanced electronic warfare capability, for the Eurofighter Typhoon combat jet. The radar known as ECRS Mk II will be installed by the end of the decade, initially on the third tranche of Typhoons, […]
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Australia Unemployment Dives to 48Year Low as Jobs Boom

SYDNEY, July 14 Reuters Australia39;s unemployment rate dived to a 48year low in June as hiring outstripped all expectations, while record vacancies suggested the labour market was set to tighten yet further and perhaps justify even larger increases in interest rates. Figures from the Australian Bureau of Statistics on Thursday showed net employment had surged […]
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Singapore Q2 GDP Rises 4.8 yy, Missing Forecasts

SINGAPORE, July 14 Reuters Singapore39;s economy grew slower than expected in the second quarter, preliminary data showed on Thursday. The Asian financial hub39;s economy grew 4.8 in AprilJuly, according to advance estimates from the Ministry of Trade and Industry MTI, faster than the 4.0 revised growth figure seen in the first quarter, but missing forecasts. […]
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Indias June WPI Inflation Stays above 15 in June

June WPI fuel inflation up 40.38 yy vs 40.62 in May June WPI food inflation up 12.41 yy vs 10.89 in May Near 7 rupee depreciation against dollar makes imports costlier Economists see central bank raising key rate in August NEW DELHI, July 14 Reuters India39;s annual wholesale pricebased inflation kept above 15 in June, […]
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UK Public Inflation Expectations Cool BofA Survey

LONDON, July 12 Reuters The British public39;s expectations for inflation in future years receded in recent weeks to the lowest level in almost a year, a survey showed on Tuesday in welcome news for Bank of England officials who fear price pressures might become embedded. Consumer inflation expectations continue to fall according to our survey, […]
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Nomura Expects Fed, ECB, BoE Rate Cuts next Year

July 12 Reuters Nomura expects major developed market central banks to start cutting interest rates next year as inflation eases and expected recessions linger, with peak rates expected to be hit this year. The Japanese bank39;s economists expect the U.S. Federal Reserve rate hikes to peak at 3.503.75 in February next year, despite an expected […]
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