Reuters US Economy

By Maria Martinez BERLIN (Reuters) -Germany’s retail sector expects modest annual growth this holiday season, with sales forecast at 126.2 billion euros ($147.2 billion) for November and December according to retail association HDE. But the mood looks far from festive. Retailers remain cautious as the economy struggles after two years of stagnation and shoppers are …

German retailers expect modest rise in Christmas sales but mood cautious Read More »

ACCRA (Reuters) -Consumer inflation in Ghana slowed for the 10th consecutive month, falling to 8.0% year on year in October from 9.4% in September – the lowest level since June 2021, the statistics service said on Wednesday. Government statistician Alhassan Iddrisu told a press conference that food prices were driving the overall decline in inflation. …

Ghana inflation slows for 10th straight month in October Read More »

By Maria Martinez (Reuters) -German industrial orders climbed more than expected in September, thanks to increases in demand for automobiles and electrical equipment, according to data released on Wednesday. Orders in Europe’s largest economy increased by 1.1% from the previous month on a seasonally and calendar-adjusted basis, the federal statistics office said on Wednesday. A …

German industrial orders rise more than expected in September Read More »

By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s economic growth decelerated slightly in the third quarter, official data showed on Wednesday, highlighting a challenge for the government to boost growth to 8% by 2029. Growth slowed to 5.04% in the third quarter from 5.12% in the second quarter. That means the fourth quarter will …

Indonesia Q3 GDP growth slows slightly to 5.04% ahead of end-year stimulus measures Read More »

By Scott Murdoch (Reuters) -China is looking to raise $4 billion in a two-tranche dollar bond, according to a term sheet seen by Reuters, a week after Beijing and Washington agreed to a trade war truce. The People’s Republic of China is planning a three-year dollar bond, which has an initial price guidance of three-year …

China eyes $4 billion dollar bond, term sheet shows, orders top $65 billion Read More »

By Leika Kihara TOKYO (Reuters) -A growing number of policymakers at the Bank of Japan believed that conditions were falling into place for interest rates to rise, with two members advocating an immediate increase, minutes of the central bank’s September meeting showed on Wednesday. At the two-day meeting through September 19, the nine-member board kept …

Bank of Japan debated growing case for rate hike, September minutes show Read More »