SYDNEY, June 15 Reuters A measure of Australian consumer sentiment slid for a seventh straight month to match pandemic lows in June amid an outsized rise in interest rates and surging inflation. The WestpacMelbourne Institute index of consumer sentiment released on Wednesday slumped 4.5 in June from May, when it dropped 5.6. The index was […]

MUMBAI, June 16 Reuters India39;s domestic macroeconomic conditions have improved further despite the downside risks posed to global growth from commoditydriven inflation, its central bank said on Thursday. Domestic economic activity has been gaining traction in spite of formidable headwinds from external developments, the Reserve Bank of India RBI said in its monthly bulletin. Gross […]

BOJ keeps interest rate targets unchanged, as expected No change to dovish policy guidance BOJ says watching impact of yen moves on economy Gov Kuroda says rapid yen falls heighten economic uncertainty TOKYO, June 17 Reuters The Bank of Japan maintained ultralow interest rates on Friday and its guidance to keep borrowing costs at present […]

June 17 Reuters The Russian central bank can use standard instruments to decide monetary policy as there is no risk of deflation, Central Bank Deputy Governor Alexei Zabotkin said on Friday. Weekonweek consumer prices have fallen in Russia in recent weeks. The central bank cut its key interest rate to the precrisis level of 9.5 […]

NEW DELHI, June 15 Reuters India39;s gasoil demand rose at a rapid pace during the first two weeks of June, preliminary data released on Wednesday showed, and long queues appeared at some fuel stations as concerns grew over supply. Statecontrolled retailers sold 3.4 million tonnes of gasoil from June 1 to 14, up 47.8 from […]

Carmakers aim to help suppliers as materials prices surge Automakers absorb costs in departure from deflation playbook 39;Supplier sustainability is our sustainability39; Nissan COO Inflation disruption comes in wake of COVID supply chain woes TOKYO, June 15 Reuters For decades, Japan39;s powerful automakers had a playbook to deal with deflation press suppliers for lower prices […]

May trade deficit 2.385 trln yen, largest since Jan 2014 Imports gain more than expected yy May exports rise less than expected yy TOKYO, June 16 Reuters Japan ran its biggest singlemonth trade deficit in more than eight years in May as high commodity prices and declines in the yen swelled imports, clouding the country39;s […]

Raft of May data points to signs of economic recovery Industrial output perks up, but consumption still weak Jobless rate in big cities picked up to record high Fears of more COVID curbs, slow recovery raise policy challenge BEIJING, June 15 Reuters China39;s economy showed signs of recovery in May after slumping in the prior […]

WASHINGTON, June 15 Reuters U.S. business inventories increased strongly in April amid a moderation in sales, government data showed on Wednesday. Business inventories rose 1.2 after advancing 2.4 in March, the Commerce Department said. Inventories are a key component of gross domestic product. April39;s increase was in line with economists39; expectations. Inventories advanced 16.6 on […]

June 13 Reuters U.S. consumers39; inflation expectations one year from now worsened in May but there they were still generally bullish about the strength of the labor market, underscoring the imbalances facing the U.S. Federal Reserve this week as it grapples with how to rein in price pressures. Median expectations for where inflation will be […]