LONDON, May 12 Reuters Britain39;s economy unexpectedly shrank 0.1 in March after a slump in car sales due to supplychain problems, marking a weak end to the first quarter of a year when the risk of recession is looming. Gross domestic product grew by 0.8 in the first three months of 2022, the Office for […]

Consumer prices increase 0.3 in April CPI rises 8.3 yearonyear, first growth slowdown since August Core CPI jumps 0.6, climbs 6.2 yearonyear Airline fares post record 18.6 increase WASHINGTON, May 11 Reuters U.S. consumer price growth slowed sharply in April as gasoline eased off record highs, suggesting inflation has probably peaked, though it is likely […]

TOKYO, May 11 Reuters Japan39;s economy likely contracted in the first three months of this year as the lingering fallout from the COVID19 pandemic took a toll on consumption and exports, a Reuters poll showed. The weak reading will underscore the challenge policymakers face in pulling the world39;s thirdlargest economy sustainably out of the pandemicinduced […]

SYDNEY, May 11 Reuters A measure of Australian consumer sentiment slid for a sixth straight month to a 21month low in May as surging inflation and rising interest rates weighed on family finances and spending intentions. The WestpacMelbourne Institute index of consumer sentiment released on Wednesday sank 5.6 in May from April, when it fell […]

The dollar got a fresh boost, with stocks coming under renewed pressure after a new batch of US inflation data. The US consumer price index rose 0.3 in April after 1.2 a month earlier. The annual inflation rate slowed from 8.5 to 8.3 but was higher than the expected 8.1 yy. Particularly worrying for markets […]

SANTIAGO, May 10 Reuters Chile is expected to hike its benchmark interest rate to 9 in June, a central bank poll of analysts suggested on Tuesday, as the world39;s top copper producer battles to rein in high inflation. The Andean country39;s central bank raised the benchmark rate to 8.25 in May from 7.0 previously. The […]

Producer inflation at slowest pace in a year Consumer inflation perks up but remains contained analysts BEIJING, May 11 Reuters China39;s factorygate inflation eased to a oneyear low in April as statedriven production efforts supported supply and COVID19 lockdowns in key industries cooled demand, giving policymakers headroom for more stimulus to shore up a flagging […]

May 11 Reuters New car sales in Russia in April fell 78.5 year on year, contracting for the tenth month in a row, hit by acute shortages and soaring prices caused by disrupted logistics and a volatile rouble. New car sales of 32,706 cars in April were less than onequarter of those sold a year […]

BRASILIA, May 11 Reuters Brazil39;s inflation slowed in April but still posted the steepest rise for the month in 26 years, pushing the 12month figure to over 12 amid continued pressures on food and fuel, official figures showed on Wednesday. Consumer prices as measured by the benchmark IPCA index rose 1.06 in April, slightly above […]

LONDON, May 6 Reuters Britain39;s construction sector in April had its slowest month since January, hit by rising costs and higher interest rates to finance new projects, a survey published on Friday showed. The SP GlobalCIPS construction Purchasing Managers39; Index PMI slipped to 58.2 from 59.1 in March, which was its jointhighest reading since June […]