Tag: UK
UK GDP down, Consumer price index is up
In the UK Gross domestic product (GDP) is estimated to have fallen by 0.3% in August 2022, after growth of 0.1% in July 2022...
Interest hikes left and right as banks fight inflation
The SNB (Swiss National Bank) is tightening its monetary policy further and is raising the SNB policy rate by 0.75 percentage points to 0.5%....
UK GDP down in June, US demand down as well
According to the UK Office for National Statistics Gross domestic product (GDP) fell by 0.6% in June 2022, after growth of 0.4% in May 2022 (revised down from 0.5%), and was up 1.9% in the 12 months to June 2022.
Major markets increase rates due to inflation fears
Per the US Bureau of Labor Statistics the Total nonfarm payroll employment increased by 428,000 in April, and the...
US private sector speeds up as demand increases and supply issues improve
In the US the seasonally adjusted data for unemployment insurance weekly claims came out.
In the week ending March 19, the advance figure for seasonally...
Major economies start to grapple inflation as tapering seems imminent
Per the FED press release from March the 16th, The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent...
Good data in the Oceania region, other regions grapple inflation
The Reserve Bank of Australia released a statement before the House of Representatives Standing Committee on Economics. The outlook...
Crushing labor data in Canada, US jobs not great
In Canada employment fell by 200,000 (-1.0%) in January and the unemployment rate rose 0.5 percentage points to 6.5%.
The number of people who were...
