Friday, 14 December 2018
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Wednesday, 12 December 2018 20:44 WIB

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...

RECENT NEWS
Producer Prices in U.S. Rose in November, Exceeding Estimates
Tuesday, 11 December 2018 20:52 WIB | Ekonomi AS PPI IndeksHarga ProdusenAS

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

UK workers get biggest pay rise in a decade
Tuesday, 11 December 2018 16:59 WIB |

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...

Produksi manufaktur Inggris turun 0,9% bulanan di Oktober, sangat meleset
Monday, 10 December 2018 16:51 WIB | Ekonomi inggris

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...

US economy adds 155K new jobs while wages rise 3.1% over the year in November
Friday, 7 December 2018 20:45 WIB | Ekonomi AS Data Pekerjaan

The US economy created 155K new jobs in November, down from 250K reported in the previous month. The US wages rose 3.1% over the year in November, meeting the market estimate in November. The US labor market created 155K new jobs in November down from 250K in October, the US Labor Department reported on Friday. At the same time, the US wages rose 3.1% over the year in November, unchanged from October this year. The US labor market remained strong in November, confirming the indications from the Federal Reserve Chairman Jerome Powell who said on November 27 that the US labor market is...

Japan's Household Spending Falls as Wage Gains Remain Subdued
Friday, 7 December 2018 08:32 WIB | JAPAN Jepang Ekonomi Jepang

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 third quarter. Household spending fell 0.3 percent from a year earlier, the seventh decline this year, the ministry of internal affairs said. The median estimate was for a rise of 1 percent. Labor cash earnings rose 1.5 percent from a year earlier, versus an estimate of 1 percent, the labor ministry reported, but inflation ate up those gains and a bit...

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ASIA
Japan's Household Spending Falls as Wage Gains Remain Subdued
Friday, 7 December 2018 08:32 WIB

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...

UNITED STATES
U.S. retail sales surge in October after first back-to-back declines in five years
Thursday, 15 November 2018 20:42 WIB

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%...

EUROPE
U.K. Retail Sales Unexpectedly Fall in Poor Start to Quarter
Thursday, 15 November 2018 16:46 WIB

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...

GLOBAL ECONOMY
Trump Says China Will `Reduce and Remove' Car Import Tariffs
Monday, 3 December 2018 12:08 WIB

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...