Aug exports 5.6 yryr vs forecast 10; Imports up 2.3 yryr U.S.bound exports post first monthly drop in nearly 3 years Machinery orders shrink in July; govt keeps sombre assessment Weak dataset points to tough road to solid economic recovery TOKYO, Sept 18 Reuters Japan39;s export growth slowed sharply in August as shipments to the […]

DUBLIN, Sept 17 Reuters Ireland faces significant challenges to make construction more financially and practically viable to build the 52,000 homes needed per year from now until 2050 to catch up on a decade of undersupply, the country39;s central bank said on Wednesday. Housing has been the top political issue for years. A slow rebuilding […]

LONDON, Sept 18 Reuters British inflation held steady in August but rose in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets in financial markets that the central bank will keep interest rates on hold on Thursday. Consumer price inflation of 2.2 last month was […]

MUMBAI, Sept 18 Reuters India39;s edible oil consumption is set to grow at a pace of 23 as cooking oils remain affordable despite an import duty hike, a leading importer told Reuters on Wednesday. New Delhi on Friday raised the basic import tax on crude and refined edible oils by 20 percentage points to help protect farmers […]

KYIV, Sept 18 Reuters Ukraine39;s gross domestic product grew by 3.9 yearonyear in the first eight months of the year, the economy ministry said on Wednesday. The ministry also said in a statement that GDP had grown by 3.5 yearonyear in August. Yulia Svyrydenko, first deputy prime minister and economy minister, said that better access […]

NEW DELHI, Sept 17 Reuters India39;s merchandise trade deficit in August widened to a tenmonth high of 29.65 billion after gold imports surged while exports fell, dragged down by climbing shipping costs and sluggish global demand. Economists had expected the country39;s August trade deficit to be 23 billion, according to a Reuters poll. The deficit […]

WASHINGTON, Sept 17 Reuters Production at U.S. factories surged in August amid a rebound in motor vehicle output, but data for the prior month was revised lower, suggesting that manufacturing continued to tread water. Factory output increased 0.9 last month after a downwardly revised 0.7 drop in July, the Federal Reserve said on Tuesday. Economists […]

Core price measures ease to 40month lows in August Consumer prices fall on a monthly basis Cost of rent rises 8.9 from 8.5 in July OTTAWA, Sept 17 Reuters Canada39;s annual inflation rate reached the central bank39;s 2 target in August, data showed on Tuesday, fuelling hopes for a 50basispoint interest rate cut by the […]

Retail sales increase 0.1 in August Core retail sales rise 0.3; July sales revised up Manufacturing production rebounds 0.9 Business inventories increase 0.4 WASHINGTON, Sept 17 Reuters U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy […]