October 30, 2024 8:34 am
The French economy has expanded at the fastest quarterly rate since Q4 of 2023 in the third quarter of 2024, preliminary data showed. France’s GDP grew 0.4% quarter-on-quarter in Q3, while picking up from a 0.2% growth in Q2. The latest figure also outstripped market consensus of a 0.3% growth. Household consumption rose 0.5% quarter-on-quarter […]
Read moreOctober 29, 2024 3:50 pm
The number of job openings in the United States decreased to 7.443 million in September from a revised down 7.861 million in August, data by the Bureau of Labor Statistics showed. In comparison, a consensus of analyst estimates had pointed to a level of 7.99 million. It has been the lowest number of job openings […]
Read moreOctober 28, 2024 12:08 pm
Retail sales in Spain have risen at an annualized rate of 4.1% in September, after a revised up 2.4% surge in August, the latest data by the National Statistics Institute showed. It has been the strongest retail sales growth since March 2023. In September, sales of non-food products went up 4.8% YoY, driven by growth […]
Read moreOctober 27, 2024 8:53 am
Consumer morale in Italy has weakened in October, data by the National Institute of Statistics showed. The gauge of consumer confidence came in at a reading of 97.4 in October, while easing from 98.3 in September. The latest figure fell short of market consensus of 98.5, but it remained above the average for the year. […]
Read moreOctober 26, 2024 3:04 pm
India’s foreign exchange reserves have continued to ease from the record high of $704.9 billion registered in the last week of September. Foreign exchange reserves held by the Reserve Bank of India decreased to $688 billion as of October 18th, the latest data showed. The result was largely attributed to an outflow of foreign capital […]
Read moreOctober 26, 2024 12:19 pm
The Ifo Business Climate gauge for Germany has risen for the first time in six months in October, data by the Ifo Institute showed. The index came in at a reading of 86.5 in October, up from 85.4 in September. The latter has been the gauge’s lowest level since January. The latest reading also exceeded […]
Read moreOctober 25, 2024 8:27 am
Singapore’s manufacturing output has increased at an annualized rate of 9.8% in September, while slowing sharply from a 22% YoY rise in August. Still, the latest data far exceeded market consensus of a 3.5% growth. In September, production of electronics slowed sharply, up 1.9% YoY after a 50% YoY surge in August. On the other […]
Read moreOctober 24, 2024 7:08 am
South Korea’s GDP has expanded 0.1% quarter-on-quarter in Q3 of 2024, following a 0.2% contraction in the second quarter, a preliminary estimate showed. Yet, the latest figure fell short of market consensus of a 0.5% growth. Economic growth was driven mostly by higher private and government consumption. Private consumption rose 0.5% quarter-on-quarter in Q3, as […]
Read moreOctober 23, 2024 7:14 am
Annual consumer inflation in Singapore has eased to 2% in September from 2.2% in August, data by Statistics Singapore showed. It has been the lowest inflation level since March 2021. The actual figure compares with market consensus of 1.9%. Food inflation has been the lowest in 31 months, at 2.6%, while easing from 2.7% in […]
Read moreOctober 21, 2024 8:23 am
The People’s Bank of China has lowered benchmark lending rates to fresh record lows, as it stepped up efforts to spur economic growth. The 1-year loan prime rate, a benchmark for the majority of corporate and household loans, was reduced by 25 basis points to 3.1% at the October fixing. The 5-year loan prime rate, […]
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