July 28, 2024 11:57 am
Consumer morale in Italy has increased for a third straight month in July, data by the National Institute of Statistics showed. The gauge of consumer confidence came in at a reading of 98.9 in July, while improving from 98.3 in June. It has been the highest level of confidence since February 2022. Market consensus had […]
Read moreJuly 27, 2024 3:14 pm
The rate of unemployment in Sweden was reported at 9.4% in June, up from 9.3% in the same month of the preceding year. It has been the highest jobless rate since June 2021. The number of unemployed persons went up by 16,000 from June 2023 to 566,000, data by Statistics Sweden showed. In the meantime, […]
Read moreJuly 27, 2024 7:58 am
Annual producer inflation in South Africa has remained stable at 4.6% in June, data by Statistics South Africa showed. Last month, prices picked up for: – food, beverages & tobacco products (4% YoY from 3.8% YoY in May); – metals, machinery & computing equipment (5.7% YoY from 5.5% YoY in May). In the meantime, inflation […]
Read moreJuly 25, 2024 10:36 am
The Ifo Business Climate gauge for Germany decreased for a third straight month in July, data by the Ifo Institute showed. The index came in at a reading of 87 in July, down from 88.6 in June. It has been the gauge’s lowest level since February. The latest reading was also below market consensus of […]
Read moreJuly 25, 2024 8:43 am
Producer prices in Sweden increased at an annualized rate of 0.8% in June, data by Statistics Sweden showed. That followed a 2.6% surge in May. June also was the third straight month of producer price growth. Prices rose at a slower rate for both capital goods (4.4% YoY compared to 5.2% YoY in May) and […]
Read moreJuly 25, 2024 7:33 am
The seasonally adjusted unemployment rate in Norway was reported to have remained stable at 4.1% in June. The number of unemployed individuals remained steady from a month ago at 123,000, data by Statistics Norway showed. At the same time, the number of employed individuals rose by 7,000 to 2.888 million in June. And, the youth […]
Read moreJuly 25, 2024 6:44 am
Annual consumer price inflation in South Africa has eased to 5.1% in June from 5.2% in the preceding two months, data by Statistics South Africa showed. It has been the lowest inflation rate since December 2023. Last month, inflation eased for: – food and non-alcoholic beverages (4.6% YoY from 4.7% YoY in May); – housing […]
Read moreJuly 23, 2024 1:30 pm
Annual consumer inflation in Singapore has slowed to 2.4% in June from 3.1% in May, data by Statistics Singapore showed. It has been the lowest level since August 2021. The actual figure compares with market consensus of 2.7%. Last month, inflation eased for: – housing & utilities (3.7% YoY from 3.8% YoY in May); – […]
Read moreJuly 22, 2024 1:34 pm
New Zealand’s trade surplus has expanded to $699 million in June, data by Statistics New Zealand showed, from $204 million in May. The figure outstripped market consensus of $294 million and pointed to the highest trade surplus since May 2020. Total imports plunged 13% year-on-year to $5.5 billion in June, the data showed. Imports dropped […]
Read moreJuly 21, 2024 11:16 am
India’s foreign exchange reserves have risen to a new record high of $666.9 billion as of July 12th, data by the Reserve Bank of India showed. The result was attributed to a strong influx of foreign exchange into the country’s economy, since robust growth and the long-awaited inclusion of Indian assets into JPMorgan’s emerging market […]
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