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U.S. import prices rise on surge in food costs

WASHINGTON (Reuters) - U.S. import prices rose more than expected in March as food prices recorded their largest increase in three years, but there was little sign of a broader pickup in imported inflation. The Labor Department said on Thursday import prices increased 0.6 percent last month after an unrevised 0.9 percent rise in February. Economists polled by Reuters had forecast import prices rising 0.2 percent in March.

S. Korea's consumer prices grow 1.3 pct on-year in March

SEJONG, April 1 (Yonhap) -- South Korea's consumer prices grew at the fastest pace in seven months in March, driven in part by a rise in personal service costs, including private education, a government report showed Tuesday. The country's consumer price index rose 1.3 percent in March from a year earlier, the fastest on-year rise since August last year when it gained 1.5 percent, according to the report by Statistics Korea. This marked the first time since November that the growth rate has quickened on a month-to-month basis.

S. Korea's consumer prices grow 1 pct on-year in Feb.

SEJONG, March 4 (Yonhap) -- South Korea's consumer prices grew at a slower pace on-year in February, a government report showed Tuesday, thanks in part to stabilized costs of farming goods. The country's consumer price index rose 1 percent in February from a year earlier, a slight decline from the 1.1 percent gain tallied in January, according to the report by Statistics Korea. This marked the fourth straight month that growth has stayed in the 1 percent range.

S. Korea's consumer prices grow 1 pct on-year in Feb.

SEJONG, March 4 (Yonhap) -- South Korea's consumer prices grew at a slower pace on-year in February, a government report showed Tuesday, indicating that prices remained subdued thanks in part to stabilized costs of farming goods. The country's consumer price index rose 1 percent in February from a year earlier, a slight decline from the 1.1 percent gain tallied in January, according to the report by Statistics Korea. This marked the fourth straight month that the growth has stayed in the 1 percent range.

Japan factory output jumps ahead of tax hike, outlook murky

By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's factory output rose in January at the fastest pace in more than two years and core inflation hovered near a five-year high, comforting signs for an economy expected take a hit from a sales tax hike scheduled for April. Labor demand continued to improve and household spending rose more than expected, providing hope that domestic demand could underwrite a recovery after lackluster growth in the fourth quarter of last year.

Japan factory output jumps ahead of tax hike, outlook murky

By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's factory output rose in January at the fastest pace in more than two years and core inflation hovered near a five-year high, comforting signs for an economy expected take a hit from a sales tax hike scheduled for April. Labor demand continued to improve and household spending rose more than expected, providing hope that domestic demand could underwrite a recovery after lackluster growth in the fourth quarter of last year.

Japan factory output jumps ahead of tax hike, outlook murky

By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's factory output rose in January at the fastest pace in more than two years and core inflation hovered near a five-year high, comforting signs for an economy expected to take a hit from a sales tax hike scheduled for April. Labor demand continued to improve and household spending rose more than expected, providing hope that domestic demand could underwrite a recovery after lackluster growth in the fourth quarter of last year.

Exclusive: Top Ecobank executives call for CEO to stand down: email

By Matthew Mpoke Bigg ACCRA (Reuters) - Top executives at pan-African lender Ecobank have asked CEO Thierry Tanoh to step down to resolve a crisis of leadership, according to an email sent by the bank's deputy chief executive to its interim chairman. The email, reviewed by Reuters, does not specify any grievance against Tanoh but alleges negative effects of long-running governance problems at the bank.

S. Korea's consumer prices grow 1.1 pct on-year in January

SEJONG, Feb. 4 (Yonhap) -- South Korea's consumer price growth stayed in the 1-percent range in January thanks to the stabilization of farming product prices, a government report showed Tuesday. The country's consumer price index rose 1.1 percent in January from a year earlier, unchanged from the previous month's on-year gain of 1.1 percent, according to the report by Statistics Korea. This marked the third straight month that the growth has stayed in the 1-percent range.

S. Korea's consumer prices grow 1.1 pct on-year in January

SEJONG, Feb. 4 (Yonhap) -- South Korea's consumer price growth stayed in the 1-percent range in January thanks to the stabilization of farming product prices, a government report showed Tuesday. The country's consumer price index rose 1.1 percent in January from a year earlier, unchanged from the previous month's on-year gain of 1.1 percent, according to the report by Statistics Korea. This marked the third straight month that the growth has stayed in the 1-percent range.
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