April 2, 2024 7:34 am
Annual consumer price inflation in South Korea has remained stable at 3.1% in March, data by Statistics Korea showed. It has been the highest CPI inflation reading since December, fueled by higher prices of fresh food and energy. It also came in line with market consensus. In month-over-month terms, South Korean consumer prices edged up […]
Read moreMarch 29, 2024 9:12 am
Annual consumer inflation in France has eased more than expected, to 2.3% in March, from 3% in February, preliminary data by INSEE showed. It has been the lowest CPI inflation rate since September 2021. In March, food inflation slowed to 1.7% from 3.6% in the prior month. There has also been a slowdown in cost […]
Read moreMarch 28, 2024 9:06 am
UK’s economy has entered a technical recession in the fourth quarter of 2023 for the first time since the aftermath of the coronavirus outbreak in the first half of 2020, with elevated inflation, multi-year high interest rates and weak external demand pressuring overall activity. The nation’s Gross Domestic Product decreased 0.3% quarter-on-quarter in Q4, a […]
Read moreMarch 28, 2024 7:53 am
Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday. The actual figure confounded market expectations of a 0.3% monthly growth. It has been the sharpest rate of decline in retail trade since October 2022 due to the impact of sticky inflation and […]
Read moreMarch 27, 2024 9:21 am
Annual consumer price inflation in Spain accelerated to 3.2% in March from a six-month low of 2.8% in February, preliminary data by the National Statistics Institute showed on Wednesday. The actual figure came in line with market consensus. In March, prices of electricity and fuel picked up, while the cost of food and non-alcoholic beverages […]
Read moreMarch 27, 2024 7:56 am
Retail sales in Norway went up at a monthly rate of 0.1% in February, data by Statistics Norway showed on Wednesday, while rebounding after a 0.1% drop in January. Market consensus had pointed to a 0.2% monthly growth. Last month, there was a rebound in sales at non-specialized stores, up 0.7% after a 0.1% fall […]
Read moreMarch 26, 2024 11:33 am
The USD/ZAR currency pair edged higher on Tuesday ahead of a policy decision by the South African Reserve Bank, while investors were also eyeing Friday’s report on US PCE inflation that could affect Fed rate cut expectations. The US core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, is expected to […]
Read moreMarch 26, 2024 9:42 am
The USD/SEK currency pair traded in proximity to recent six-week peak on Tuesday ahead of a rate decision by Sweden’s Riksbank, while investors were also eyeing Friday’s report on US PCE inflation that could affect Fed rate cut expectations. The US core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, is […]
Read moreMarch 26, 2024 8:15 am
The USD/SGD currency pair extended a pullback from a fresh 6-week high of 1.3505 on Tuesday, after data showed a strong rebound in Singapore’s industrial production in February, while investors were also eyeing Friday’s report on US PCE inflation that could shape Fed rate cut expectations. Industrial output in Singapore grew at a monthly rate […]
Read moreMarch 25, 2024 7:46 am
Annual consumer inflation in Singapore picked up to 3.4% in February from a more than two-year low of 2.9% in January. The actual figure exceeded market consensus of 3.3%. Last month, inflation accelerated for housing (3.9% YoY versus 2.4% YoY in January), recreation & culture (5.5% YoY versus 4.4% YoY in January) and education (3.4% […]
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