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Economic News
Food pushes Pakistan inflation to record 36.4% in April
By Ariba ShahidKARACHI, Pakistan (Reuters) -Pakistan consumer prices, driven by food, rose a record 36.4% in the year to April, the…
UK inflation expectations ease as BoE considers next rate hike
LONDON (Reuters) -Inflation expectations in Britain eased in April, bank Citi said on Monday, offering some relief to the Bank of England…
Core euro zone inflation edges up in March, keeping ECB on alert
By Balazs KoranyiFRANKFURT (Reuters) - Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat…
U.S. service sector slows in March; inflation cooling – ISM survey
WASHINGTON (Reuters) - The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by…
Housing market in tech hubs cooling faster than other parts of US – report
(Reuters) - Housing markets in tech hubs are cooling more rapidly than other parts of the United States amid a wave of layoffs in the…
Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days
By Uditha Jayasinghe and Swati BhatCOLOMBO (Reuters) -Sri Lanka will get the first $330 million tranche of an International Monetary…
Scramble for safety subsides as markets digest Credit Suisse rescue
By Marc JonesLONDON (Reuters) - Europe's bank shares fought back from an early slump on Monday and a cross-asset scramble for safety…
US import prices fall in February, post first annual drop since 2020
WASHINGTON (Reuters) - U.S. import prices fell in February as a decline in the cost of fuels offset increases in food, capital and consumer…
India’s Feb WPI inflation eases to 3.85% y/y
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in February to 3.85% year-on-year, government data showed…
MSCI ESG raters flag governance risks at embattled Adani Group
By Rodrigo Campos, Davide Barbuscia and Isla BinnieNEW YORK (Reuters) -MSCI ESG Research said on Friday it recently changed some of its…