Friday, 29 March 2024
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Friday, 29 March 2024 08:58 WIB

Consumer price growth in Tokyo moderated while staying well above the central bank's inflation target, keeping authorities on track to consider more interest increases after they hiked earlier this month for the first time since 2007. Prices excluding fresh food rose 2.4% in March in the capital, slowing slightly from 2.5% in February, the ministry of internal affairs said Friday. The reading matched economists' estimates.  Tokyo's figures serve as a leading indicator of the national data to be announced April 19. The consumer inflation data for Japan's capital come...

RECENT NEWS
Jobless Claims Dip to 209,000 and Still Show No Sign of Rising Layoffs
Thursday, 14 March 2024 20:00 WIB | Ekonomi AS

The number of Americans who applied for unemployment benefits last week slipped to 209,000 and continued to signal a strong labor market and low level of layoffs. Economists polled by the Wall Street Journal had forecast new claims to total 218,000 in the seven days ending March 9, based on seasonally adjusted figures. New jobless claims have ranged from 194,000 to 225,000 a week in the first three months of 2024, an extremely low level from a historical perspective. New jobless claims rose slightly in 28 of the 53 states and territories that report these figures to the federal...

US Producer Prices Jump, Adding to Signs of Persisting Inflation
Thursday, 14 March 2024 19:47 WIB |

Prices paid to US producers rose in February by more than forecast, driven by higher fuel and food costs that add to evidence inflation remains elevated. The producer price index for final demand increased 0.6% from January, Labor Department data showed Thursday. The gauge rose 1.6% from a year earlier. The so-called core PPI, which excludes volatile food and energy categories, advanced 0.3% from the prior month, and 2% from a year ago.  

US Retail Sales Miss Forecasts After Steep Drop in Prior Month
Thursday, 14 March 2024 19:43 WIB | Ekonomi AS

US retail sales rose by less than forecast after a steep drop to start the year, underscoring concerns about the durability of consumer spending. The value of retail purchases, unadjusted for inflation, increased 0.6% from January after a downward revision to the prior month, Commerce Department data showed Thursday. Excluding cars, sales advanced 0.3%. Source : Bloomberg  

UK Economy Grows by 0.2% in January
Wednesday, 13 March 2024 14:18 WIB | Ekonomi inggris GDP Inggris

Britain's economic output grew by an as expected 0.2% in January, after entering a shallow recession in the second half of 2023, figures from the Office for National Statistics showed on Wednesday. Economists polled by Reuters had forecast a 0.2% month-on-month expansion of gross domestic product for January. Britain's economy has been very sluggish since its initial recovery from the COVID-19 pandemic, beset by a surge in the cost of energy imports when Russia invaded Ukraine and, more recently, by high Bank of England interest rates. GDP shrank by 0.3% in the final quarter of 2023 and...

US Core Inflation Tops Forecasts for a Second Straight Month
Tuesday, 12 March 2024 19:37 WIB | Ekonomi AS

Underlying US inflation topped forecasts for a second month in February, reinforcing the Federal Reserve's cautious approach to cutting interest rates. The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from January, according to government data out Tuesday. From a year ago, it advanced 3.8%. Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure climbed 0.4% from January and 3.2% from a year ago, boosted by gasoline prices, Bureau of Labor Statistics figures...

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ASIA
Japan's Inflation Hits 3%, Adding to Doubts Over BOJ's Stance
Friday, 21 October 2022 08:28 WIB

Japan's inflation hit 3% for the first time in over three decades excluding the impact of tax hikes, an acceleration that adds to the doubts over the need for continued central bank stimulus. The...

UNITED STATES
Defisit Perdagangan A.S. Menyempit Setelah Ekspor, Impor Turun
Thursday, 6 June 2019 19:54 WIB

Defisit perdagangan A.S. menyempit pada bulan April karena ekspor dan impor turun, menyoroti dampak dari tarif Presiden Donald Trump bahkan sebelum negosiasi dengan China terurai dan ia mengancam...

EUROPE
U.K. Inflation Above Target for Second Month Before BOE Decision
Wednesday, 20 October 2021 14:09 WIB

U.K. consumer prices accelerated well beyond the Bank of England's target for a second month, propelled by the global disruption in supply chains that pushed up transport costs. Consumer prices...

GLOBAL ECONOMY
Australia inflation eases in Q1, likely past the peak
Wednesday, 26 April 2023 08:49 WIB

Australian inflation eased from 33-year highs in the first quarter as the cost of living saw the smallest rise in more than a year, while core inflation dipped below forecasts suggesting less...