inflationary-pressure
Trump's Fed battle raises risks of ever-higher yields for Japan
Top StoriesRetailer Lidl UK raises staff pay for third time in 12 months
Top StoriesEquipment rental firm Ashtead lowers UK rental revenue outlook, shares fall
Top Stories‘Great Resignation’ continues as quarter of workers look to change jobs – PwC
Unilever sales beat estimates even as price rises slow
Date: April 27, 2023
Unilever sales beat estimates even as price rises slow By Richa Naidu LONDON (Reuters) -Unilever smashed quarterly sales forecasts on Thursday as another big rise in prices from the maker of Dove soap and Ben & Jerry’s ice cream triggered only a small dip in volumes, sending its shares up nearly 2% in early trade....
Marketmind: Purchasing managers of the world, diverge
Date: April 21, 2023
Marketmind: Purchasing managers of the world, diverge A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any further banks collapsing, seems to be running out of steam as economic data offers few excuses for confidence. Softening second-tier data in the U.S. on...
Italy’s services sector contracts in Sept -PMI
Date: October 5, 2022
ROME (Reuters) – Italy’s services sector contracted in September after reporting modest growth the month before, a survey showed on Wednesday, as surging costs and uncertainty hit client demand. S&P Global’s Purchasing Managers’ Index (PMI) for Italian services fell to 48.8 in September, from 50.5 in August and below the 50 mark that separates growth...
Euro zone factory activity declined again in Sept as energy bills bite -PMI
Date: October 3, 2022
LONDON (Reuters) – Manufacturing activity across the euro zone declined further last month as a growing cost of living crisis kept consumers wary while soaring energy bills limited production, a survey showed on Monday. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) fell to a 27-month low of 48.4 in September from August’s 49.6, just...
Italy manufacturing activity contracts for 3rd month running – PMI
Date: October 3, 2022
ROME (Reuters) – Italy’s manufacturing sector contracted for a third month running in September, a survey showed on Monday, with inflationary pressures and uncertainty over the economy hitting order volumes. The S&P Global Purchasing Managers’ Index (PMI) for Italian manufacturing came in at 48.3, slightly up from 48.0 the month before but below the 50...
Fed’s job-friendly ‘soft landing’ hinges on history not repeating
Date: September 2, 2022
By Howard Schneider (Reuters) – Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and the U.S. central bank will need an unlikely combination of events to keep those losses to a minimum as interest rates continue to rise. Economists assessing the trade-off facing the Fed estimate...