August 21, 2024 8:22 am
Annual headline consumer inflation in Canada has eased to 2.5% in July from 2.7% in June, the latest data by Statistics Canada showed. The CPI reading came in line with market consensus and also marked the lowest inflation rate since March 2021. The latest reading also came in line with the Bank of Canada’s projections […]
Read moreAugust 20, 2024 11:41 am
The annual CPI inflation rate in the Euro Area was confirmed at 2.6% in July, while accelerating from 2.5% in June. A year earlier, CPI inflation stood at 5.5%. In July, inflation picked up for energy (1.2% YoY versus 0.2% YoY in June), while it remained steady for non-energy industrial goods, at 0.7%. In the […]
Read moreAugust 20, 2024 9:49 am
New Zealand reported a trade deficit of NZD 0.963 billion in July, which compares with a NZD 1.174 billion shortfall in the same month of 2023. Still, it has been the nation’s largest trade gap since January. Total exports surged 14% year-on-year to NZD 6.1 billion in July. That reflected higher shipments of: – crude […]
Read moreAugust 20, 2024 8:08 am
Switzerland reported a trade surplus in the amount of CHF 4.1 billion in July, compared to a revised down CHF 4.7 billion surplus in June. It has been the smallest trade surplus since April. The nation’s total exports went down 2.7% month-over-month to CHF 22.5 billion in July. The latter reflected lower shipments of: – […]
Read moreAugust 19, 2024 1:20 pm
Spain’s trade balance deficit has narrowed to EUR 0.7 billion in June, data showed, from EUR 2.4 billion in June 2023. The latest figure pointed to the smallest deficit since March 2023. Total imports went down 7.3% year-on-year to EUR 33.7 billion in June. That reflected lower purchases of: – chemical products (-12% YoY); – […]
Read moreAugust 17, 2024 1:29 pm
Industrial production in Switzerland has expanded at an annualized rate of 7.3% in the second quarter of this year, while recovering from a revised down 2% drop in the prior quarter, data by the Swiss Federal Statistical Office showed. It has been the fastest growth rate in industrial output since the first quarter of 2022. […]
Read moreAugust 16, 2024 11:24 am
Retail sales in the United Kingdom have risen at a monthly rate of 0.5% in July, after a revised down 0.9% drop in June, data by the Office for National Statistics showed. The latest figure came in line with market consensus. Sales at non-food stores rose 1.4% in July, mostly in department stores and sports […]
Read moreAugust 16, 2024 7:30 am
Retail sales in the United States have risen at a monthly rate of 1% in July, after a revised down 0.2% decrease in June, data by the US Census Bureau showed. It has been the fastest monthly growth rate since January 2023. The latest figure also well exceeded market consensus of a 0.3% growth, while […]
Read moreAugust 15, 2024 10:48 am
Producer and import prices in Switzerland decreased at an annual rate of 1.7% in July, the latest data by the Swiss Federal Statistical Office showed. It has been the 15th consecutive month of year-on-year decline, but yet, the slowest since December 2023. Switzerland’s import prices decreased at a slower pace in July, by 2.7% YoY […]
Read moreAugust 15, 2024 8:07 am
Japan’s GDP has expanded at an annualized rate of 3.1% in the second quarter of 2024, a preliminary estimate showed. That followed a 2.3% contraction in the prior quarter. In comparison, market consensus had pointed to a 2.1% GDP growth. The latest figure marked the fastest annual growth rate since Q2 of 2023, as it […]
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