Tag "november"

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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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 Services PMI Rises In November

U.K Services PMI Rises In November

🕔December 5, 2016

The services sector — which includes everything from banking to waitressing — drew a reading of 55.1 in the month, well ahead of October’s 54.5 reading, and even further ahead of the forecast 54.2 growth that economists had predicted.

The pace of expansion eased slightly since October but was still in line with the long-run survey average.…

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U.S Non-Farm Payroll Job Rise In November

U.S Non-Farm Payroll Job Rise In November

🕔December 4, 2016

U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month.…

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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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Canada’s Unemployment Rate Decreases In November

Canada’s Unemployment Rate Decreases In November

🕔December 3, 2016

The Canadian economy added 10,700 new jobs last month driving the unemployment rate to 6.8 per cent, but the latest numbers raise questions about the quality of these new jobs.

The rise in employment bucked analysts’ forecasts for a loss of 20,000 jobs after two months of growth and reinforced expectations that the Bank of Canada will keep interest rates unchanged next week and for all of 2017.…

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U.S Weekly Initial Unemployment Claims Intensifies

U.S Weekly Initial Unemployment Claims Intensifies

🕔December 1, 2016

The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.

In the week ending November 26, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000.…

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U.S. Manufacturing PMI Shows Strongest Rate Growth Since March 2015

U.S. Manufacturing PMI Shows Strongest Rate Growth Since March 2015

🕔December 1, 2016

November data pointed to a sustained acceleration in U.S. manufacturing growth, with production volumes and incoming new work both rising at the fastest pace since March 2015. Stronger demand patterns, especially from domestic clients, resulted in greater input buying and increased payroll numbers across the manufacturing sector.…

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German Unemployment Falls In November

German Unemployment Falls In November

🕔November 30, 2016

German unemployment declined as expected in November, report said citing the Federal Labor Agency on Wednesday. Seasonally-adjusted. The number of people out of work decreased by 5,000 in November from prior month, in line with expectations.

German unemployment declined 5,000 in November following a 13,000 decline the previous month and there has not been an increase in the total for 13 months with a 101,000 decline in unemployment in the last 12 months.…

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