Reuters US Economy

China’s Dec manufacturing activity seen expanding for third month – Reuters poll

30 Dec 2024

BEIJING (Reuters) – China’s factory activity likely expanded for a third straight month in December, offering a glimmer of optimism to officials trying to steady the world’s No. 2 economy as they brace for further U.S. trade tariffs under a second Trump administration. A Reuters poll of 28 economists forecast the official purchasing managers’ index …

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Brazil mid-December inflation slows but ends year above target

27 Dec 2024

BRASILIA (Reuters) – Brazil’s consumer prices rose less than expected in the month to mid-December, government statistics agency IBGE said on Friday, an outcome insufficient, however, to lead economists to foresee a better outlook for inflation. Annual inflation reached 4.71% in mid-December, exceeding the target of 3% set with a tolerance range of 1.5 percentage …

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Brazil’s jobless rate hits fresh all-time low but job creation slows

27 Dec 2024

SAO PAULO/BRASILIA (Reuters) – Brazil’s jobless rate hit a fresh record low in the three months through November, official data showed on Friday, but job creation slowed to its lowest pace in nearly a year as the local labor market provides some cooling signs. In Latin America’s largest economy, the unemployment rate stood at 6.1% …

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Turkish inflation seen at 45.2% in December, down to 26.5% at end-2025: Reuters poll

27 Dec 2024

ISTANBUL (Reuters) – Turkey’s inflation rate is expected to rise by 1.61% in December from the previous month and stand at 45.2% year-on-year, with the annual rate seen falling to 26.5% by the end of 2025, a Reuters poll showed on Friday. The median estimate of 10 economists saw annual inflation falling to 45.2% in …

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BOJ debated rate-hike timing, some called for near-term move, Dec summary shows

27 Dec 2024

By Leika Kihara TOKYO (Reuters) -Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move “in the near future,” a summary of opinions at the bank’s December meeting showed, keeping alive the chance of a January hike. The BOJ held interest rates steady at 0.25% …

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Martin Midstream Partners terminates merger plan with Martin Resource Management

26 Dec 2024

(Reuters) -Martin Midstream Partners said on Thursday it will terminate the previously agreed-upon $157 million merger deal with Martin Resource Management Corp (MRMC). Martin Midstream, which focuses on storing and transporting fuels, in October agreed to be taken over by its largest shareholder, MRMC. Under the deal, MRMC was to pay $4.02 per unit in …

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Spain’s industrial prices rise 0.9% year-on-year in November

26 Dec 2024

MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months through October, the National Statistics Institute (INE) said on Thursday. Industrial prices rose 2.7% in November from October, INE said. (Reporting by Inti Landauro; Editing by Alexandra Hudson)

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