Core prices cool, but simmering inflation remains a concern for the US economy The US producer price index (PPI) for final demand, which measures the cost of finished goods paid by producers, rose 0.5% month-on-month in September, more than the 0.3%...
Category Archives: For Big Investors
Unemployment rate unchanged at 3.8%, while wage growth slows US nonfarm payroll employment spiked by 336,000 in September from an upwardly revised 227,000 the previous month, the US Bureau of Labor Statistics (BLS) reported on Friday. The robust payr...
The central bank expects to hike again this year, while it lowered its rate cut forecast The Federal Reserve left interest rates unchanged following its two-day monetary policy meeting but signaled that there would be another 25-basis point rate hike...
Food and clothing sales drive recovery, while fuel sales fall amid surging prices Retail sales volumes in the UK climbed 0.4% higher in August, rebounding from the upwardly revised 1.1% decline in July, data published by the Office for National Stati...
Manufacturing Output ekes out small gain even as the output of motor vehicles & parts fell Production at US factories rose by 0.4% in August, a sharp decline from the 0.7% increase the previous month, the Federal Reserve reported on Friday. On the ot...
Energy index jumps 5.6% as all the major energy components indexes soar The headline consumer price index, which measures costs across a broad category of goods and services in the US, rose by a seasonally adjusted 0.6% in August from 0.2% the previo...
Transportation equipment & new durable goods orders topped the declines New orders for manufactured goods fell by $12.7 billion or 2.1% in July to $579.4 billion from 2.3% the month earlier, the US Census Bureau reported on Tuesday, 5th September 202...
The unemployment rate jumped to 3.8% amid a cooling labor market US nonfarm payrolls rose by 187,000 in August, up from a downwardly revised 157,000 the previous month, the US Bureau of Labor Statistics reported on Friday. Job gains were seen in heal...
Inflation rose 0.2% on the month and 3.3% from the same time last year Personal consumption expenditure (PCE), the Fed's preferred inflation gauge, rose 0.2% in July and 3.3% year-on-year, data published by the Bureau of Economic Analysis (BEA) showe...
BCS, too, declines as ESI and EEI fall by over 1.0 points amid waning confidence The Flash Consumer Confidence Index in the euro area fell by 0.9 percentage points to minus 16 in August 2023 from minus 15.1 the previous month as surging inflation wor...









