The Philadelphia Federal Reserve's manufacturing index fell to 12.0 in September after registering a reading of 16.8 in August. Any reading above zero indicates improving conditions. Economists polled by MarketWatch expected a reading of 10.0. The indexes for general activity and new orders fell, while the indexes for shipments and employment increased, the Philly Fed said. The survey's future general activity index moderated but continues to suggest growth over the next six months. Source: Marketwatch
The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses bettered expectations, arriving at 3.6% 3m y/y in May versus 3.4% last and 3.5% expected while the gauge including bonuses came in at 3.4% 3m y/y in May versus 3.2% previous and 3.1% expected. The Kingdom's official jobless rate steadied at 3.8% in May, while the claimant count change showed a much bigger-than-expected increase. The number of people claiming jobless benefits rose by 38k in June, against expectations of a 22.8k increase and +24.5k (revised from +23.2k) seen...
China economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s. Gross domestic product rose 6.2.% in the April-June period from a year earlier, below the 6.4% expansion in the first quarter and matching economists estimates. In June, factory output rose 6.3%, retail sales rose 9.8%, while investment gained 5.8% in the first half of the year -- all three beating estimates. The slowdown adds to the pressure Chinese policy makers face as they...
The producer price index rose a modest 0.1% in June, indicating that inflation remains muted. Economists polled by MarketWatch had predicted a 0.1% fall. The increase in wholesale inflation over the past year fell to 1.7%, the lowest level since January 2017, the government said Friday. Wholesale energy prices dropped 3.1% in June. Wholesale food costs rose 0.6%. Excluding food, energy and trade margins, core PPI rate was flat last month after two straight months of 0.4% gains. The yearly rate of increase in core prices decreased to 2.1% from 2.3%. Source: marketwatch
Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is likely to cut interest rates by the end of the month. The consumer price index rose 0.1% in June, the government said Thursday. Economists polled by MarketWatch had forecast no change. The increase in the cost of living over the past 12 months slipped to four-month low 1.6% from 1.8%. Another closely watched measure of inflation, however, was not as tame. The so-called core rate that strips...
The UK economy rebounded in May as car factories resumed work following Brexit-related shutdowns. GDP rose 0.3% after a decline in the previous month, the Office for National Statistics said Wednesday. The increase was in line the forecast in a Bloomberg survey. In the three months through May, GDP rose 0.3%, more than expected, after past figures were revised up. Manufacturing, which slumped 4.2% in April, rose 1.4% in May; vehicle production jumped but remains lower than levels seen at the start of the year. Total industrial production also increased 1.4%. Construction gained...
Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan.
Secara keseluruhan,...
The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...
Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services.
A flash reading of the country's composite Purchasing...
Presiden AS Donald Trump mengatakan China telah setuju untuk "mengurangi dan menghapus" tarif terhadap mobil-mobil Amerika dari 40 persen saat ini.
Dia tidak memberikan rincian lain dalam tweet-nya...