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Japan’s industrial production rises a little in October
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👤Arthur Greene
🕔November 30, 2016
Japan’s industrial output rose slightly by 0.1 percent in October from the previous month, signaling a moderate growth, official data showed Wednesday. The Japan’s industrial production was slightly stronger than economists forecast in October, as exports compensated for continued weak domestic spending.…
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👤Arthur Greene
🕔November 29, 2016
The rise of the service sector in the Canadian economy is a natural process that is leading to high-quality jobs and supporting the return of sustained economic growth, Bank of Canada Governor Stephen S. Poloz said today.…
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Germany’s Annual CPI Inflation Rate Remains Thesame
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👤Arthur Greene
🕔November 29, 2016
German inflation unexpectedly remained unchanged in November, data showed on Tuesday, in a sign price pressures are still weak in Europe’s biggest economy, despite an economic upturn spurred by the European Central Bank’s ultra-loose monetary policy.
Consumer prices, measured according to harmonized European Union standards, were unchanged on the month, but 0.7% higher than in November last year, Germany’s Destatis statistics office said Tuesday.…
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👤Arthur Greene
🕔November 29, 2016
Japanese retail sales inched down in October from a year before, falling for the eighth straight month, as consumers remain cautious about spending amid sluggish wage growth, though the decline was smaller than in previous months.
According to the Ministry of Economy, Trade and Industry report, Japanese retail sales went down for an eighth month running in October, however, the fall was much smaller than expected in a sign the economy was showing positive signals in the fourth quarter.…
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👤Arthur Greene
🕔November 28, 2016
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The highly uncertain outlook for Britain’s economy as the country prepares to leave the European Union means the Bank of England should keep interest rates on hold, one of the bank’s top policymakers said on Monday.
Gertjan Vlieghe, one of the strongest advocates for Bank of England stimulus in the aftermath of June’s Brexit vote, said upside or downside surprises in Britain’s economy need not prompt automatic changes in British monetary policy.
…
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👤Arthur Greene
🕔November 28, 2016
Overall business activity in Texas turned positive in November for the first time since December 2014, according to the Dallas Federal Reserve. The production index increased to 8.8 from 6.7 previously with the new orders component strengthening to -1.4 from -3.5 as the pace of decline in unfilled orders also slowed significantly on the month.…
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👤Arthur Greene
🕔November 28, 2016
The release of worldwide manufacturing PMI results will provide data watchers with the first available information on global economic trends in November. Meanwhile the Fed will be monitoring non-farm payroll numbers in the US and ECB policymakers await inflation and unemployment figures.…
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U.K GDP Q3 at 0.5%
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👤Arthur Greene
🕔November 27, 2016
There seems to be no surprises in the UK GDP release: quarterly growth remains 0.5%, and yearly growth is 2.3%. Among the internal components, we find a rise of 0.9% in business investment while services stand at 0.8%. Exports are up 0.7% and imports down 1.5%.…
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👤Arthur Greene
🕔November 24, 2016
German business morale remain unchanged in November, a survey showed on Thursday, suggesting company executives are still optimistic about the growth prospects for Europe’s largest economy despite growing political uncertainties.
The Munich-based Ifo economic institute said its business climate index, based on a monthly survey of some 7,000 firms, was unchanged at 110.4 in November after a slight downward revision to 110.4 from 110.5 previously reported in October.…
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👤Arthur Greene
🕔November 24, 2016
The U.S. Census Bureau and the Department of Housing and Urban Development reported on Wednesday morning that sales of new homes in October slipped to a seasonally adjusted annual rate of 563,000, a decrease of 1.9% below the revised September rate of 574,000 and an increase of 17.8% compared with the October 2015 rate of 478,000.…
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