LISBON (Reuters) – Portuguese consumer prices rose 8.2% year-on-year in February in a slowdown from 8.4% reported in the previous month, flash data from National Statistics Institute (INE) showe[...]
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February 28, 2023
Marketmind: Irksome inflation won’t die down
A look at the day ahead in U.S. and global markets from Mike Dolan As investors mull what looks like a new year re-acceleration of the world economy, the narrative of steady disinflation has been ripp[...]
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China’s Communist party cautious on economy, reiterates party’s leadership
BEIJING (Reuters) -The Chinese Communist Party said on Tuesday that the foundation of economic recovery is not yet solid and the unexpected may occur at any time, and it repeated the need for the coun[...]
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Sri Lanka’s key inflation rate eases to 50.6% in Feb
(Reuters) -Sri Lanka’s key inflation rate eased to 50.6% in February from 51.7% in January, the statistics department said on Tuesday, as food prices eased. The Colombo Consumer Price Index (CCP[...]
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Turkey’s economy grew 5.6% in 2022, pace to slow after earthquakes
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s economy expanded 5.6% in 2022, official data showed on Tuesday but growth was expected to slow significantly to 2.8%[...]
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Thai economy seen growing 3% to 4% this year, inflation to fall – central bank
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is seen growing between 3%-4% this year as it follows a sustained recovery path despite a global slowdow[...]
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Swiss government says it expects economic slowdown but no recession
ZURICH (Reuters) – The Swiss economy is expected to slow this year but will not slide into a recession, the government said on Tuesday, after it reported zero growth at the end of 2022. “F[...]
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UK grocery price inflation hits record 17.1%
By James Davey LONDON (Reuters) – British grocery inflation hit 17.1% in the four weeks to Feb. 19, another record high, dealing the latest blow to consumers struggling with a cost-of-living cri[...]
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Japan’s lower house of parliament passes record budget
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s lower house of parliament passed on Tuesday a record 114.4 trillion yen ($839.3 billion) budget for the next fiscal year, a move that promises to fu[...]
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