NEW DELHI, June 28 Reuters India39;s fiscal deficit for the first two months of the current financial year that started April 1 stood at 506.15 billion rupees 6.07 billion, or 3 of the estimate for the whole year, government data showed on Friday. Net tax revenues in AprilMay were 3.19 trillion rupees, or 12 of the […]

WASHINGTON, June 28 Reuters U.S. prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates this year. The flat reading in the personal consumption expenditures PCE price index last month followed an unrevised 0.3 gain in April, the Commerce Department39;s Bureau […]

OTTAWA, June 28 Reuters Canada39;s gross domestic product increased 0.3 in April, matching market expectations, as growth rebounded in sectors including wholesale trade and manufacturing, and the economy likely expanded further in May, data showed on Friday. Analysts polled by Reuters had forecast 0.3 GDP growth in the month, after growth stalled in March. The […]

June Tokyo core CPI up 2.1 yryr vs f39;cast 2.0 Index less fresh food, fuel rises 1.8 yryr in June Factory output rebounds in May as auto production recovers Data among key factors swaying BOJ39;s next rate hike timing TOKYO, June 28 Reuters Core inflation in Japan39;s capital accelerated in June on rising fuel bills […]

BENGALURU, June 28 Reuters Forecasts for a mild slowdown in India39;s fastgrowing economy held steady in the first Reuters poll of economists since the ruling Bharatiya Janata Party BJP lost its parliamentary majority in phased national elections that ended in early June. Asia39;s thirdlargest economy grew 8.2 in the last fiscal year, the fastest among major […]

LONDON, June 28 Reuters Britain39;s economy grew more quickly than previously thought in the first three months of this year, expanding by 0.7 from the previous quarter, above an initial estimate of 0.6 growth, official figures showed on Friday. The figures come less than a week before Britons vote in an election which opinion polls suggest will […]

BERLIN, June 28 Reuters The number of people out of work in Germany rose more than expected in June, showing how economic weakness is taking its toll on the labour market. Federal Labour Office figures showed on Friday that the number of unemployed grew by 19,000 in seasonally adjusted terms. Analysts polled by Reuters had […]

ZURICH, June 28 Reuters The Swiss National Bank bought foreign currencies worth 281 million Swiss francs 312.47 million in the first quarter of 2024, it said on Friday, reversing its recent policy of selling forex to strengthen the franc. The amount of dollars, yen and euros bought contrasted sharply with the 22.7 billion francs in forex […]