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👤Arthur Greene
🕔November 17, 2016
The Office for National Statistics (ONS) said sales volumes in October were up 7.4% from a year earlier, while on a monthly basis, sales jumped 1.9% from September – a much stronger increase than economists had forecast.
The retail industry continued to show strength on a quarterly basis as well, with the quantity bought in the three-month period increasing by 1.9% compared with the previous quarter to mark the 34th consecutive period of quarterly growth.…
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U.S CPI Rise 0.4% In October
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👤Arthur Greene
🕔November 17, 2016
The U.S consumer-price index accelerated in October for the third-straight month largely due to rising energy costs, the latest sign inflation pressures in the economy are firming. The U.S consumer price index rose 0.4% in October with the annual inflation rate at 1.6% from 1.2% previously and this increase was in line with market expectations.…
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👤Arthur Greene
🕔November 15, 2016
Retail sales rose more than expected in October, according to a Department of Commerce report today.
Sales at U.S. retailers rose more than forecast last month in a broad advance after an even stronger September than initially estimated, showing consumers continue to pump up the economy.…
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👤Arthur Greene
🕔November 15, 2016
Reflecting a substantial increase in fuel prices, the Labor Department released a report today showing a slightly bigger than expected increase in U.S import prices in the month of October.
The import-price index, measuring the cost of goods ranging from Canadian oil to Chinese electronics, rose 0.5% from a month earlier, the Labor Department said earlier today, while economists surveyed expected prices to rise 0.3%.…
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👤Arthur Greene
🕔November 14, 2016
China’s retail sales expanded below projections in the month of October, as opposed to the investment and industrial production figures, which were consistent with expectation and indicated a continued stabilization. Weaker than expected retail sales figures might have been because of seasonal factors, noted Nordea Bank in a research report.…
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👤Arthur Greene
🕔November 9, 2016
China’s producer price index soared to nearly a five-year high in October, suggesting the world’s second-largest economy is continuing to stabilize.
The index rose 1.2% from a year earlier, according to figures released by the National Bureau of Statistics on Wednesday.…
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👤Arthur Greene
🕔November 4, 2016
Statistics Canada reported both employment and trade data today. Canada added 43,900 jobs in October, a 0.2 percent increase that beat estimates and pushed the three-month total for employment gains above 130,000 — the largest three-month gain since 2012, though a surge in part-time jobs overshadowed a decline in full-time employment.…
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