Reuters US Economy

MEXICO CITY (Reuters) -Mexico’s annual headline inflation likely slowed in the first half of July, though the core index remained under pressure, fueling expectations the central bank will moderate the pace of its interest rate cuts, a Reuters poll showed on Monday. The median forecast from 11 analysts was for a 3.64% annual headline inflation …

Mexico’s headline inflation seen returning to target in early July – Reuters poll Read More »

ABUJA (Reuters) -Nigeria’s economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, following the rebasing of its gross domestic product (GDP) to better align with the current economic landscape. Nigeria’s economy grew to 372.822 trillion naira ($243.66 billion) after rebasing, the statistics bureau chief told a news …

Nigeria’s Q1 GDP growth at 3.13% y/y – stats office Read More »

By Marcela Ayres BRASILIA (Reuters) -Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic importance of the move as the two nations deepen their ties. The decision underscores Brazil’s growing focus on its relationship with China, its largest trading partner, as tariffs introduced by U.S. President Donald …

Exclusive-Brazil to establish tax advisory office in China amid deepening ties Read More »

SAO PAULO (Reuters) -Private economists polled weekly by Brazil’s central bank trimmed their 2026 inflation outlook for the first time in over two months, according to a survey released on Monday, in a welcome development for the central bank. Consumer prices in 2026 are now expected to rise 4.45%, down from 4.50% the previous week, …

Brazil economists trim 2026 inflation forecast in boost for central bank Read More »

TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the pros and cons of cutting the country’s sales tax rate. Cutting the sales tax could increase household income temporarily, but would raise questions on how to pay for Japan’s ballooning social welfare and pension …

Japan’s Ishiba calls for debate on pros and cons of sales tax cut Read More »

SYDNEY (Reuters) -The Reserve Bank of New Zealand (RBNZ) said on Monday its sectoral factor model of core inflation was 2.8% year-on-year in the second quarter, down from 2.9% in the prior quarter. The country’s official statistics agency earlier in the day released figures that showed annual inflation came in at 2.7% in the second …

RBNZ Q2 sectoral factor inflation model at 2.8% y/y Read More »