Resilient factories battling with delays, rising costs

LONDON/TOKYO (Reuters) -Factories across the world are suffering from supply bottlenecks which sent prices skyrocketing in July, while a new wave of coronavirus infections in Asia demonstrated the fragile nature of the global recovery. Business surveys on Monday highlighted the…

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German inflation jumps to 3.1%

FILE PHOTO: Full shelves with fruits are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin, Germany, March 17, 2020. REUTERS/Fabrizio Bensch/File Photo BERLIN (Reuters) – Germany’s annual consumer price inflation accelerated by more than…

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U.S. goods trade deficit widens; inventories rise

WASHINGTON (Reuters) – The U.S. trade deficit in goods increased in June as imports continued to rise amid strong economic activity, suggesting trade likely remained a drag on growth in the second quarter.Shipping containers sit at the ports of Los…

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