U.S. Consumer Prices Inch Up 0.1% In September, Less Than Expected
Consumer prices in the U.S. showed a slight uptick in the month of September, according to a report released by the Labor Department on Thursday. The Labor Department said its consumer price index inched up by 0.1 percent in September after rising by 0…
U.S. Weekly Jobless Claims Unexpectedly Show Modest Increase
A report released by the Labor Department on Thursday unexpectedly showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 6th. The report said initial jobless claims rose to 214,000.
European Economics Preview: France Final CPI Data Due
Final consumer price data from France is due on Thursday, headlining a light day for the European economic news. At 2.45 am ET, France Insee publishes final consumer prices for September. The statistical office is set to confirm 2.2 percent annual infl…
South Korea August Current Account Surplus $8.44 Billion
South Korea had a current account surplus of $8.44 billion in August, the Bank of Korea said on Thursday – roughly in line with expectations and down from $8.79 billion in July.
Cryptocurrency Daily Roundup – Oct. 10
Cryptocurrencies, led by Bitcoin, are trading with losses Wednesday morning amid a lack of any major positive news. In news, internet giant Google alluded to cryptocurrency mining in its latest advertisement for its Call Screen service. This move made …
U.S. Wholesale Inventories Jump More Than Expected In August
A report released by the Commerce Department on Wednesday showed a bigger than expected increase in wholesale inventories in the U.S. in the month of August. The Commerce Department said wholesale inventories jumped by 1.0 percent in August after risin…
U.S. Producer Prices Rebound Amid Increase In Prices For Services
With an increase in prices for services offsetting a modest drop in prices for goods, the Labor Department released a report on Wednesday showing producer prices in the U.S. rose in line with economist estimates in the month of September.
UK GDP Growth Flattens In August
The UK economy stagnated in August as the increase in industrial production was offset by a contraction in construction and farm sectors, the Office for National Statistics reported Wednesday. Gross domestic product remained unchanged after expanding 0…
European Economics Preview: UK Monthly GDP Estimate Due
Monthly GDP estimate, industrial production and foreign trade figures from the UK are due on Wednesday, headlining a busy day for the European economic news.
New Zealand September Credit Card Spending Climbs 1.3%
Overall credit card spending in New Zealand advanced a seasonally adjusted 1.3 percent on month in September, Statistics New Zealand said on Wednesday – accelerating from the 1.1 percent gain in August.