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👤Arthur Greene
🕔December 16, 2016
Annualized consumer price inflation (CPI) continued to push higher in November as expected, though core inflation unexpectedly held steady, official data showed on Thursday.
U.S. consumer prices moderated in November, but the underlying trend continued to point to firming inflation pressures amid rising rents, which could support more interest rate increases from the Federal Reserve next year.…
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👤Nurudeen Amedu
🕔September 30, 2016
There was a 0.1% growth in the US Personal Consumption Expenditure (PCE) price index in August after it posted an unchanged figure in July with a year on year rise at 1.0% from the previous value of 0.8%. The core reading which excludes energy and food consumption, which also happens to be the primary focus of the US Fed, reported an increase of 0.2% on the month on the trail of a 0.1% rise in July, on a year on year basis the increase grew from 1.6% to 1.7%.…
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👤Arthur Greene
🕔September 23, 2016
The Canadian retail sales data released on Friday revealed a 0.1% slump in the month of July after a revised unchanged reading in June, which was initially reported at -0.1%. This was lower than the forecasted 0.2% growth for the month as the year on year growth reached 2.3%.…
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👤Lisa Harris
🕔September 23, 2016
There was a slump in the Canadian core inflation rate as it fell to its lowest level in over 2 years in August, as the disappointing economic outlook mostly strengthened by the weak consumer prices weighed on the country’s core inflation.…
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Japanese Core Machinery Posts Pleasant Surprise
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👤Nurudeen Amedu
🕔September 12, 2016
The Japanese economy today received a pleasant surprise when their core machinery orders rose above expectations for the month of July, this is an early sign that a rise in demand was boosting the rate of corporate spending. Data released by the Cabinet office today revealed that the core machinery orders which has proven to be volatile in recent times and has also been termed “the indicator of mid-term capital spending”, grew for the month of July by a seasonally adjusted 4.9% after a higher growth of 8.3% in June.…
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