Tag: USA
Signs towards cooling inflation on the horizon for some
Per the Australian Bureau of Statistics the monthly CPI indicator rose 6.8% in the twelve months to February. The most significant price rises were...
Interest rates still a hot topic in inflation fight
In the most recent European Central Bank press release the Governing Council today decided to increase the three key ECB interest rates by 50...
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,...
Rising CPI still a problem for economies around the world
According to Statistics Canada the Consumer Price Index (CPI) rose 5.9% year over year in January, following a 6.3% increase in December. Prices for...
Real GDP measures up in the US despite lingering inflation
The Bank of Canada increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at...
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 workers add to US and Canada Labor force increase
According to the Statistics Canada, the national statistical office, employment rose by 104,000 (+0.5%) in December, and the unemployment rate declined 0.1 percentage points...
US and Canadian growth scramble to outpace consumer price index
According to Statistics Canada Real gross domestic product (GDP) edged up (+0.1%) in October, following a +0.2% uptick in September. Growth in services-producing industries...
GDP rises in US, Canada as labor market trying to catch up to growth
In Canada real gross domestic product (GDP) rose 0.7% in the third quarter, the fifth consecutive quarterly increase
Economies unable to put halt inflation as labor markets are very stretched
The Monetary Policy Committee (MPC) of the Reserve Bank of New Zealand has increased the Official Cash Rate (OCR) from 3.5% to 4.25%.
Demand in...
