The U.S. Census Bureau announced advance estimates of U.S. retail and food services sales for November 2018 and below are some of the key takeaways from the report released this Friday. Advance estimates of U.S. retail and food services sales for November 2018 were $513.5 billion, an increase of 0.2 percent from the previous month, and 4.2 percent above November 2017. Total sales for the September 2018 through November 2018 period were up 4.3 percent from the same period a year ago. The September 2018 to October 2018 percent change was revised from up 0.8 percent to up 1.1...
China's November industrial output grew 5.4 percent from a year earlier and retail sales increased 8.1 percent, missing forecasts, while fixed-asset investment rose slightly more than expected in the first 11 months, official data showed on Friday. Analysts polled by Reuters had predicted industrial output growth would hold steady at 5.9 percent as in October, data released by the National Bureau of Statistics showed. Retail sales were expected to have risen 8.8 percent in November, quickening a little from 8.6 percent in October. In January-November, fixed-asset investment grew 5.9...
Falling gasoline prices helped cushion the blow of higher rent and prescription drug prices in November and help keep inflation at bay, fresh government figures show. The consumer price index, or cost of living, was unchanged in November, the government said Wednesday. That matched the forecast of economists polled by MarketWatch. The increase in the cost of living over the past 12 months slowed to 2.2% from 2.5% and is now near the lowest level of the year. Cheaper gas is mostly the reason. Another closely watched measure of inflation, however, was a bit less benign. The so-called core...
U.S. producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering some potential signs of inflation pressures bubbling up in the economy. The producer-price index advanced 0.1 percent from October, cooling from a rise that was the fastest in six years, Labor Department data showed Tuesday. The annual gain slowed to 2.5 percent from 2.9 percent. The Bloomberg survey median estimates called for no change from the prior month and a 2.5 percent annual increase. Bloomberg
British workers had their biggest pay rise in a decade in the three months to October as the country's strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday. Average weekly earnings, including bonuses, rose by 3.3 percent on the year, their biggest rise since the three months to July 2008 and comfortably beating a median forecast of 3.0 percent in a Reuters poll of economists. The Bank of England, which has said it will need to raise interest rates gradually to offset inflation pressures from the labor market, has forecast slower wage growth...
Kantor Statistik Nasional (ONS) merilis data produksi industri dan manufaktur Inggris pada hari Senin, dengan keseluruhan aktivitas industri menunjukkan hasil yang mengecewakan di bulan Oktober. Output manufaktur mencapai -0.9% bulanan di bulan Oktober versus 0,0% ekspektasi dan 0,2% dibukukan pada bulan September sementara total output industri berkontraksi 0,6% pada bulan yang dilaporkan. Pada basis tahunan, angka produksi manufaktur Inggris datang pada -1,0% pada bulan Oktober, jauh di bawah ekspektasi 0,0%. Total output industri turun -0.8% di bulan Oktober, hilangnya ekspektasi...
Japanese households unexpectedly trimmed spending in October as wages rose modestly, pointing to continued weakness in consumption that could weigh on any rebound from an economic contraction in the...
Sales at U.S. retailers surged in October after the first back-to-back declines in more than five years, though most of the money was spent on gas and new cars and trucks.
Retail sales leaped 0.8%...
U.K. retailers made a faltering start to the fourth quarter as sales unexpectedly fell for a second month in October.
The volume of goods sold in stores and online declined 0.5 percent from...
U.S. President Donald Trump said China has agreed to œreduce and remove tariffs on American cars from 40 percent currently.
He gave no other details in the late-night tweet, which...