News & Analytic Centre

LONDON, Dec 10 Reuters British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on Tuesday. Market researcher Kantar said annual grocery price inflation was 2.6 in the four weeks to Dec. 1, having been 2.3 in the previous fourweek period. Prices are rising fastest in products […]

SEOUL, Dec 10 Reuters South Korea39;s central bank governor said it was difficult for the dollarwon exchange rate to return to levels seen in the past, the Yonhap news agency reported on Tuesday. It is difficult to say the dollarwon rate has stabilised and the market is in a waitandsee mood, the report cited the […]

Dec 10 Reuters Germany39;s VDMA engineering association said on Tuesday it still expected production in the sector to fall next year, although at a slower pace than in 2024, and flagged the risk of slight job cuts as sinking orders have hindered capacity utilization. The VDMA said it anticipated production would decline by 8 and […]

MANILA, Dec 10 Reuters The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, the World Bank said on Tuesday. Gross domestic product GDP will expand by 5.9 in 2024, slightly less […]