China Deflation Pressure Worsens as Economy Slumps, Survey Shows By Bloomberg
(Bloomberg) — Deflationary pressure in China worsened in the fourth quarter as the economy slumped, with price-growth likely to be subdued even when the economy rebounds later this year, according to China Beige Book International. Companies recorded the weakest growth in wages and input costs in the final three months of 2022 since mid-2020, CBBI […]
Brazil real to remain under pressure as fiscal changes weigh
© Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s real will stay under pressure while the new government mulls fiscal reforms to allow for higher […]