ATHENS, July 8 Reuters Greece39;s annual consumer inflation jumped to 12.1 in June, its highest level in nearly three decades, boosted by surging costs of energy, transport and foods, data from statistics service ELSTAT showed on Friday. Inflation accelerated from 11.3 in May, according to ELSTAT. Monthonmonth consumer inflation rose 1.6. Greece39;s annual EUharmonised inflation […]

LONDON, July 8 Reuters Future Bank of England tests of how banks will cope with a net zero economy could focus on specific activities such as trading and also include individual results, a senior official said. In its first climaterelated stress test, the central bank found insurers and banks such as HSBC, Lloyds, Barclays and […]

MUMBAI, July 7 Reuters India has tweaked export policy for wheat flour and asked traders to secure permission before exporting the commodity, the government said in a notification published on Thursday. New Delhi banned wheat exports in midMay as a scorching heatwave curtailed output and domestic prices hit a record high. After the ban, demand […]

ROME, July 8 Reuters Italian industrial output fell 1.1 in May from the month before, in line with expectations, after three consecutive increases, data showed on Friday. April39;s data was revised down to show a 1.4 rise, originally reported as 1.6. May39;s 1.1 decline exactly matched the median forecast in a Reuters survey of 18 […]

May household spending posts surprise yy drop Spending down 1.9 mm in May vs forecast 0.8 TOKYO, July 8 Reuters Japan39;s household spending posted a surprise drop in May, falling for the third consecutive month as the global chip shortage hurt car sales in a worrying sign for the outlook of the world39;s thirdlargest economy. […]

LONDON, July 7 Reuters House prices in Britain rose by the most since 2004 in the 12 months to June, leaping by 13 as betteroff households defied the broader costofliving squeeze facing the rest of the country, mortgage lender Halifax said on Thursday. The pace of house price growth accelerated from 10.7 in May, Halifax […]

BERLIN, July 7 Reuters German industrial production rose less than expected in May as supply chains problems caused by the war in Ukraine and pandemicrelated lockdowns in China make it difficult to process orders, official data showed on Thursday. The Federal Statistics Office said industrial output rose by 0.2 on the month after an upwardly […]

TAIPEI, July 5 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker, raised its fullyear business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone […]

TOKYO, July 5 Reuters Japan39;s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism. The pickup in activity is welcome news for a government betting on domestic demand to put the world39;s thirdlargest economy firmly […]

June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since late 2008 Stress builds on new government to move quickly Markets calm amid no sign of homegrown crisis SEOUL, July 5 Reuters South Korea39;s inflation last month hit the highest since the Asian financial crisis more than […]