Reuters US Economy

Brazil’s industrial output undershoots forecasts, remains steady in January

11 Mar 2025

SAO PAULO (Reuters) – Industrial production in Brazil remained unchanged in January from December, government statistics agency IBGE said on Tuesday, undershooting market forecasts as indicators continue to sign a slowdown in the local economy. The January figure follows three consecutive months of negative readings as Brazil’s industry grapples with high interest rates, with the …

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Japan downgrades Q4 GDP, US tariffs cloud outlook

11 Mar 2025

By Satoshi Sugiyama TOKYO (Reuters) -Japan’s economy expanded in the October-December quarter at a slower pace than initially reported, weighed by weaker consumption but still likely supporting the case for further interest rate hikes. At the same time, government officials and analysts expressed concern about risks from U.S. President Donald Trump’s tariff policies and soft …

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Australia business confidence falls in February despite interest rate relief, survey says

11 Mar 2025

SYDNEY (Reuters) – A measure of Australian business confidence fell back into negative territory in February despite some interest rate relief from the central bank, a survey showed on Tuesday, highlighting challenges in the business sector. The survey from National Australia Bank (NAB) showed its index of business conditions edged up 1 point to +4 …

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Australian consumer confidence hits 3-year high in March, survey says

11 Mar 2025

SYDNEY (Reuters) – Australian consumer sentiment hit a three-year high in March as slowing inflation and the first interest rate cut in over four years helped lift the gloomy mood for consumers, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment rose a solid 4% in March from February. The index was …

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Wall Street ends sharply lower as recession fears loom

11 Mar 2025

By Stephen Culp NEW YORK (Reuters) -U.S. stocks plunged on Monday as relentless tariff wrangling and mounting anxieties from a possible federal government shutdown gave rise to fears that the U.S. economy could be careening into recession. The previous week’s steep selloff resumed, gathering momentum as the session progressed, with all three major U.S. indexes …

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TSX falls to 4-month low as economic growth worries hit tech stocks

11 Mar 2025

By Fergal Smith (Reuters) – Canada’s main stock index fell to a four-month low on Monday, including declines for technology and metal mining shares, as investors globally grew more worried that the unpredictability of U.S. trade policy could derail economic growth. The Toronto Stock Exchange’s S&P/TSX composite index ended down 378.05 points, or 1.5%, at …

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New Zealand manufacturing sales rise in fourth quarter

10 Mar 2025

WELLINGTON, March 11 (Reuters) – New Zealand manufacturing sales volumes rose 1.1 percent in the fourth quarter, data from Statistics New Zealand showed on Tuesday. Volumes for dairy and meat products, the country’s biggest export earners, rose 3.1 percent. (wellington.newsroom@thomsonreuters.com; +6448027979)

Argentina analysts see 2025 inflation at 23.3%

10 Mar 2025

(Reuters) – Argentine analysts held their forecasts for this year’s inflation nearly steady, according to the central bank’s market expectations survey published on Monday, predicting year-end inflation at 23.3%. This was 0.1 percentage points higher than the previous average forecast in last month’s central bank survey. Analysts also nudged up their annual economic growth forecast …

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