Overseas Headlines – August 26, 2025

August 26, 2025

United States:

US Core Capital Goods Orders Rise, Exceeding All Forecasts

 

US orders for business equipment increased in July by more than projected, suggesting companies are moving forward on investment plans as uncertainty around trade and tax policy gradually diminishes.

 

The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, increased 1.1% last month after a revised 0.6% decrease in June, Commerce Department figures showed Tuesday.

 

https://www.bloomberg.com/news/articles/2025-08-26/us-core-capital-goods-orders-increase-exceeding-all-forecasts?srnd=phx-economics-v2

 

 

Europe:

UK Food Inflation Accelerates as Retailers Face Higher Costs

 

UK grocery prices edged up in August to the highest in 18 months, as bad weather and poor harvests exacerbated the strain of higher operating costs hitting supermarkets.

 

The rate of food inflation rose to 4.2% from a year earlier, the highest level since February 2024, the British Retail Consortium said Tuesday. It was 4% in July.

 

https://www.bloomberg.com/news/articles/2025-08-25/uk-food-inflation-accelerates-as-retailers-face-higher-costs

 

 

Asia:

Japan’s Finance Ministry Seeks Record Budget for Debt Financing

 

Japan’s Ministry of Finance made an initial request of ¥32.4 trillion ($219 billion) for next fiscal year’s debt financing needs, reflecting the impact from rising Japanese bond yields.

 

The requested amount was up around 15% from the previous fiscal year’s initial budget, according to documents seen by Bloomberg Tuesday.

 

https://www.bloomberg.com/news/articles/2025-08-26/japan-s-finance-ministry-seeks-record-budget-for-debt-financing?srnd=phx-economics-v2

 

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2025-08-26T08:41:33-05:00