Tag "inflation"

US CPI on the Rise while Core Inflation is Steady

US CPI on the Rise while Core Inflation is Steady

🕔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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U.S Import Prices Fall In November

U.S Import Prices Fall In November

🕔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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US University Of Michigan Consumer Confidence Soars In December

US University Of Michigan Consumer Confidence Soars In December

🕔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

China Inflation Rise In November

🕔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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U.K Construction PMI Expands In November

U.K Construction PMI Expands In November

🕔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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Eurozone Unemployment Rate Decreases In October

Eurozone Unemployment Rate Decreases In October

🕔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

Germany’s Annual CPI Inflation Rate Remains Thesame

🕔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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Top Events For Nov 28 – Dec 2

Top Events For Nov 28 – Dec 2

🕔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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Canada CPI Ascend 0.2% in October

Canada CPI Ascend 0.2% in October

🕔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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Japan’s Economy Boosts In Third Quarter

Japan’s Economy Boosts In Third Quarter

🕔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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