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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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👤Arthur Greene
🕔December 13, 2016
U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued.
The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain in October.…
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👤Arthur Greene
🕔December 10, 2016
The University of Michigan said Friday its preliminary reading of consumer sentiment rose to 98.0 in December, from November’s final reading of 93.8. It is up 5.8% from December 2015.
The index rose for the second straight month, a sustained uptick in sentiment just in time for a critical period for retailers.…
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China Inflation Rise In November
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👤Arthur Greene
🕔December 9, 2016
China’s consumer inflation picked up for a third-straight month in November, but remained below the upper limit of a government target range, official data showed on Friday, signs of improving demand in the world’s second-largest economy.
China’s consumer price index (CPI) advanced 2.3% from a year ago, after climbing 2.1% in October, the National Bureau of Statistics said in a report on Friday.…
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👤Arthur Greene
🕔December 3, 2016
The U.K construction sector expanded further in November with business activity and new orders increasing at the strongest pace in eight months. The construction PMI has widely shown the similar behaviour as the manufacturing and services PMIs. It had declined sharply in July and then recovered quite strongly.…
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👤Arthur Greene
🕔December 1, 2016
Eurozone unemployment rate declined to the lowest in more than eighty- seven months in October, reflecting strong momentum in the labor market despite weak economic growth.
The Eurozone unemployment rate declined to 9.8% for October from a revised 9.9% for September, which was originally reported as 10.0% and was also lower than the consensus forecast of 10.0% for the month.…
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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 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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👤Arthur Greene
🕔November 18, 2016
According to the report from Statistics Canada, consumer price index (CPI) for October gained 0.2% from the previous month, in line with estimates and slightly higher than September’s 0.1% increase.
Canadian inflation increased as expected in October, though the annual increase in the core reading slipped unexpectedly, according to official data released on Friday.…
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👤Arthur Greene
🕔November 14, 2016
Japan’s economy expanded more than forecast in the three months through September, with a rebound in exports compensating for weak spending by people and companies.
The Japan’s economy beat expectations in the third quarter thanks to exports, according to government data.…
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