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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
🕔November 22, 2016
British manufacturers reported their healthiest order books in November since before the Brexit vote and they are their most confident about the near-term outlook in nearly two years, an industry survey showed on Tuesday.
But the Confederation of British Industry also said manufacturers intend to raise prices at the fastest pace in almost three years, reflecting the sharp fall in the value of the pound since voters decided to leave the European Union in June.…
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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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👤Xinyang
🕔November 16, 2016
News Event
From Trading Economics: Producer prices for final demand in the United States were unchanged in October from September of 2016, following a 0.3 percent rise in the previous period and below market expectations of a 0.3 percent gain. Services cost fell 0.3 percent, following a 0.1 percent rise in both August and September, mainly due to a 5.7 percent drop in prices for securities brokerage, dealing, investment advice, and related services.…
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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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China’s Export Shed 7.3%
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👤Arthur Greene
🕔November 8, 2016
Chinese exports fell in October for the seventh consecutive month as weak demand continued to weigh on the world’s second-largest economy, although the decline wasn’t as sharp as in September.
Exports dropped 7.3 per cent last month from a year earlier, the General Administration of Customs said Tuesday.…
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👤Arthur Greene
🕔October 28, 2016
Japan’s consumer prices fell for a seventh straight month and household spending slumped again in September, underscoring the challenges Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda face in trying to revive the world’s third-largest economy.
Core CPI, which excludes the volatile prices of food, also was down an annual 0.5 percent.…
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👤Lisa Harris
🕔October 10, 2016
The Swiss unemployment rate came in unchanged today at 3.2% for the month of September, and in terms of seasonal adjustment the rate was also unchanged at 3.3% in comparison to the market’s forecast of climb to 3.4%, there was however a marginal growth in the unadjusted total number of unemployed in the same month.…
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👤Arthur Greene
🕔September 7, 2016
Crude oil prices started climbing toward $50 a barrel earlier this week, after the announcement that Saudi Arabia and Russia had agreed to work together to stabilize the oil market. But without the revelation of a specific plan to curb output, futures prices have struggled for direction.…
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