July 2, 2024 7:43 am
Annual consumer price inflation in South Korea has eased further, to 2.4% in June, from 2.7% in May, the latest data by Statistics Korea showed. It has been the lowest CPI inflation rate since July 2023. In comparison, market consensus had pointed to a reading of 2.7%. In June, prices increased at a slower rate […]
Read moreJuly 1, 2024 7:11 am
Spot Silver was little changed at the start of the week, as subsiding inflation in the US added to prospects that the Federal Reserve would deliver a rate cut later this year. Data showed last Friday that annual core PCE inflation had eased to 2.6% in May from 2.8% in April, while coming in line […]
Read moreJune 30, 2024 4:52 pm
Annual consumer price inflation in France has decelerated to 2.1% in June from 2.3% in May, a preliminary figure showed on Friday. It has been the lowest inflation rate since August 2021. In June, prices increased at a slower rate for food (0.8% YoY versus 1.3% YoY in May) and energy (4.8% YoY versus 5.7% […]
Read moreJune 30, 2024 12:15 pm
South Africa’s private sector credit expanded at an annualized rate of 4.26% in May, following another 3.9% increase in April, data by the South African Reserve Bank showed. May has marked the 35th straight month of private sector credit growth. The broadly defined M3 measure of money supply expanded 4.72% year-on-year in May, while easing […]
Read moreJune 29, 2024 3:47 pm
Sweden reported a trade surplus of SEK 11.9 billion in May, which compares with a surplus of SEK 0.9 billion in the same month of 2023. It has been the largest trade surplus since January. The nation’s total exports surged 4% year-on-year to SEK 186.7 billion in May, data by Statistics Sweden showed. The latter […]
Read moreJune 29, 2024 12:16 pm
Producer prices in Singapore went up 2.6% year-on-year in May, the latest data by Statistics Singapore showed. That followed a revised 2% increase in April. It has been the sharpest year-on-year increase in domestic supply prices since January 2023. In May, prices rose at a faster rate for food & live animals (2.1% YoY versus […]
Read moreJune 28, 2024 2:04 pm
Retail sales in Norway grew for a fourth straight month in May, the latest data by Statistics Norway showed. Sales rose 3.2% in May over April, after a revised up 0.2% increase in the prior month. In May, sales rebounded for cultural/recreation goods (up 6.6% after a 4.6% drop in April), other goods (up 7.1% […]
Read moreJune 28, 2024 9:33 am
Industrial output in South Korea was reported to have shrunk at a monthly rate of 1.2% in May, after a revised up 2.4% surge in April. In annual terms, the nation’s industrial production expanded 3.5% in May, after a revised up 6.2% increase in April. May has been the 10th straight month of year-on-year output […]
Read moreJune 28, 2024 7:51 am
The unemployment rate in Japan was reported at 2.6% in May, while remaining stable for the fourth consecutive month and also in line with market consensus. It has been the highest jobless rate since September 2023, data by the Ministry of Internal Affairs & Communications showed. The number of unemployed persons went down by 10,000 […]
Read moreJune 27, 2024 2:07 pm
Annual producer inflation in South Africa has eased to 4.6% in May from a six-month high of 5.1% in April, data by Statistics South Africa showed. In comparison, market consensus had pointed to a lesser slowdown – to 4.8%. In May, inflation slowed for non-metallic mineral products (3.6% YoY versus 6.6% YoY in April) and […]
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