SYDNEY, June 13 Reuters Australian employment outpaced expectations in May as firms took on more fulltime workers, while the jobless rate dipped in a sign the labour market remains resilient even as the economy slowed to a standstill. The report is unlikely to move the needle much on rate cuts, with markets expecting the easing […]

NEW DELHI, June 14 Reuters India39;s wholesale prices rose 2.61 in May, the most in 14 months, mainly driven by food items, government data showed on Friday. May inflation was higher than the 2.5 expected by economists polled by Reuters and up from a 1.26 yearonyear rise in April. Food prices rose 7.4 on year compared […]

KUALA LUMPUR, June 13 Reuters Headline inflation in Malaysia is expected to remain within the government39;s projected range of 2 to 3.5 for 2024, following the reform of diesel subsidies that began this month, a treasury official said on Thursday. Diesel fuel prices in much of Malaysia rose by more than 50 on Monday as […]

CARACAS, June 13 Reuters Transactions paid with foreign credit cards are helping circulate more foreign currency in Venezuela, where the government has locked in an exchange rate as part of efforts to control doubledigit inflation, four public sector and finance sources said. The transactions have been growing steadily since the government of President Nicolas Maduro, […]

WASHINGTON, June 13 Reuters U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter. The producer price index for final demand dropped 0.2 last month after advancing by an unrevised 0.5 in April, the Labor Department39;s Bureau of Labor Statistics said on […]