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Economic Outlook: Navigating Growth, Inflation, and Policy

Sustaining Resilience in an Evolving Economic Landscape With the current economic outlook, resilience stands as a defining trait amidst challenges, with indicators pointing towards solid...

NZ consumers expect inflation tapering, UK is showing more growth

On average, survey respondents expected the Official Cash Rate (OCR) to be at 5.53% by the end of the September 2023 quarter

The BoE voted to increase Bank Rate. Labour force participation the highest recorded

The seasonally adjusted unemployment rate was 3.6 percent in the June 2023 quarter, compared with 3.4 percent last quarter, according to figures released by Stats NZ.

Global inflation appears ready to ease, governments still on alert

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally adjusted basis, after increasing 0.1 percent in...

US Jobless Claims Reach Highest Level Since October 2021

According to the US Department of Labor news release in the week ending May 6, the advance figure for seasonally adjusted initial claims was...

Work numbers show slight increase across markets

According to the UK Office for National Statistics monthly real gross domestic product (GDP) is estimated to have grown by 0.3% in January 2023,...

Retail keeping pace in spite of underwhelming CPI figures

According to the US Department of Labor, in the week ending February 11, the advance figure for seasonally adjusted initial claims was 194,000, a...

The UK squeezes out a small GDP growth, CPI and inflation down

Per the US Department of Labor in the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease...

More inflation data causes rate surges again among top banks

The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. With this third major policy rate increase...

Struggling UK sales figures, Canadian trade on the upside

Per the Australian Bureau of Statistics hours worked decreased by 0.6 million hours (less than 0.1%) in seasonally adjusted terms between August and September 2022, and employment increased by 900 people (less than 0.1%). Throughout the pandemic, the hours worked series shows larger short-term changes compared to the employed series, given that employees may have been away from paid work for a short period without losing their job.
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