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Consumer prices

S&P, Nasdaq down
Markets

S&P, Nasdaq down

• JPMorgan drops amid low interest rates • Boeing slips on new production problems for 787 Dreamliners NEW...
Published 15 Jul, 2021 04:03am
Chile hikes growth forecast for 2021 as copper price soars
Markets

Chile hikes growth forecast for 2021 as copper price soars

  • Gross domestic product (GDP) will grow by 6% in 2021, up from a previous forecast in January of 5%, according to the report.
  • The price of copper is expected to hit $3.99 per pound, up sharply from a previous forecast of $3.35, the report said.
Published 27 Apr, 2021 08:57pm
Mexico inflation quickens in February to highest since October
World

Mexico inflation quickens in February to highest since October

  • Consumer prices rose by 3.76% in the year through February, beating the consensus forecast of a Reuters poll for a reading of 3.72%. Inflation, which stood at 3.54% a month earlier, quickened to its highest level since reaching 4.09% in October.
  • The Bank of Mexico targets a rate of 3% with a one percentage point tolerance threshold above and below that figure.
Updated 09 Mar, 2021 09:32pm
Mexico early-January prices rise faster than expected
World

Mexico early-January prices rise faster than expected

  • The median forecast of 12 analysts polled by Reuters was for inflation to tick up to 3.17% in early January from 3.08% in the second half of December.
  • The closely watched core price index, which strips out some volatile food and energy prices, climbed 0.24% in early January.
Published 22 Jan, 2021 06:30pm
US retail sales fall again in December
World

US retail sales fall again in December

  • Data for November was revised down to show sales declining 1.4% instead of 1.1% as previously reported.
  • The report followed in the wake of news last week that the economy shed jobs in December for the first time in eight months.
Published 15 Jan, 2021 07:46pm