April 22, 2024 1:41 pm
Prices of new homes in Canada have remained unchanged in March over February, after rising 0.1% in the previous month, the latest data by Statistics Canada showed. In comparison, market consensus had pointed to a 0.1% monthly increase. Home prices remained flat in 12 out of the 27 census metropolitan areas surveyed, increased in 9 […]
Read moreApril 21, 2024 3:06 pm
Producer prices in Germany registered the smallest year-on-year drop since July 2023 in March, the latest data by the Federal Statistical Office showed. Prices went down 2.9% year-on-year in March, after a 4.1% slump in the prior month. March has been the ninth straight month of producer deflation, as prices of natural gas plummeted 15.4% […]
Read moreApril 21, 2024 11:15 am
Manufacturing activity in Philadelphia in April has been the strongest since April 2022, the latest data showed. The Philadelphia Fed Manufacturing Index was reported at a reading of 15.5 in April, up from 3.2 in March. The latest figure was well above a consensus of analyst estimates of 1.5. The April reading has been the […]
Read moreApril 20, 2024 12:35 pm
Spain’s trade gap in February has been the smallest since March 2023, the latest data showed. The nation’s trade balance shortfall was reported at EUR 2.4 billion in February, compared to a deficit of EUR 2.5 billion in the same month of 2023. The country records consistent trade deficits because of high imports of fuel […]
Read moreApril 19, 2024 11:11 am
Retail sales in the United Kingdom surprisingly registered zero growth in March over February after a 0.1% increase in the prior month, data by the Office for National Statistics showed. In comparison, market consensus had pointed to a 0.3% growth. In March, sales of automotive fuel went up 3.2%, while those at non-food stores rose […]
Read moreApril 19, 2024 7:58 am
Annual consumer price inflation in Japan has slowed to 2.7% in March from a 3-month high of 2.8% in February, data by the Ministry of Internal Affairs & Communications showed. The actual figure came in line with market consensus. In March, prices moderated for transport (2.9% YoY versus 3% YoY in February), clothing (2% YoY […]
Read moreApril 18, 2024 1:37 pm
Switzerland reported a trade surplus in the amount of CHF 2.8 billion in March, compared to a revised up CHF 2.3 billion surplus in February. The nation’s total exports went down 0.6% month-over-month to CHF 21.1 billion, mostly because of lower shipments of jewelry (-37.2%), clocks (-1.5%), precision instruments (-1.5%) and food and beverages (-1.4%). […]
Read moreApril 18, 2024 7:47 am
Employment in Australia surprisingly decreased by 6,600 to 14,259,900 in March following a revised up 117,600 growth in February, the latest data by the Australian Bureau of Statistics showed. Market consensus had pointed to employment growth of 7,200. The March figure marked the first decline in employment levels since December 2023. Part-time employment decreased by […]
Read moreApril 17, 2024 10:41 am
The GBP/CHF currency pair registered modest gains on Wednesday, after touching an intraday high of 1.1372, as data showed UK consumer price inflation had eased to its lowest level since September 2021 in March. Annual CPI inflation slowed to 3.2% in March from 3.4% in February, while market consensus had pointed to a slowdown to […]
Read moreApril 17, 2024 8:58 am
Annual consumer price inflation in South Africa has eased to 5.3% in March from a four-month high of 5.6% in February, the latest data by Statistics South Africa showed. March has been the 10th consecutive month, when the annual inflation rate remains within the South African Reserve Bank’s target range of 3%-6%. In March, inflation […]
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