SANTIAGO, Feb 1 Reuters Chile39;s economy performed better than expected in December but still ended 2022 in negative territory as the world39;s largest copper producer faces a slowdown after a rapid postpandemic recovery, central bank data showed on Wednesday. The country39;s key IMACEC economic activity index, a close proxy of gross domestic product GDP, fell […]

ATHENS, Feb 1 Reuters Greece39;s jobless rate stood at 11.6 in December, unchanged from an upwardly revised 11.6 in November, data from statistics service ELSTAT showed on Wednesday. Seasonally adjusted data showed 545,372 people were officially unemployed, with those under the age of 24 the hardest hit. The reading was the lowest recorded since January […]

LONDON, Feb 1 Reuters British house prices dropped by a biggerthanexpected 0.6 in January and are now 3.2 below their peak in August, following a surge in borrowing costs and broader inflation pressures, mortgage lender Nationwide Building Society said on Wednesday. January39;s decline in house prices was the fourth drop in a row the longest […]

LONDON, Feb 1 Reuters The Bank of England will set out a tougher framework next month to regulate liabilitydriven investment LDI funds, which could put them out of reach for some pension schemes, BoE executive director Sarah Breeden said on Wednesday. LDI funds have been used by pension schemes to ensure they can meet payouts to […]

SEATTLE, Wash., Feb 1 Reuters The Colorado River, which provides drinking water to 40 million people in seven U.S. states, is drying up, straining a water distribution pact amid the worst drought in 12 centuries, exacerbated by climate change. California split from the six states of Arizona, Colorado, Nevada, New Mexico, Utah and Wyoming on […]

SAN JOSE, Jan 31 Reuters Costa Rica39;s economic growth will likely slow this year, according to a central bank forecast released on Tuesday that also estimates faster growth in 2024. The central bank sees gross domestic product growing 2.7 this year and 3.5 in 2024. The economy expanded by 4.3 in 2022. The bank said […]

LONDON, Feb 1 Reuters Prices in British shops in January were 8.0 higher than a year before, the biggest annual increase since at least 2006 when comparable records started, figures from the British Retail Consortium BRC showed on Wednesday. Inflation hit a record high in all the main categories monitored by the BRC, led by […]