Displaying items by tag: ppi

Friday, 11 December 2015

News

US Retail Sales up by 0.2%, PPI inclined by 0.3%

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for November, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $448.1 billion, an increase of 0.2% from the previous month, and 1.4% above November 2014. Total sales for the September 2015 through November 2015 period were up 1.7% from the same period a year ago. The September 2015 to October 2015 percent change was unrevised from +0.1%. Retail trade sales were up 0.2% from October 2015, and up 0.7% above last year. Nonstore retailers were up 7.3% from November 2014 and food services and drinking places were up 6.5% from last year. Read more...

Wednesday, 09 December 2015

News

China's CPI increased by 1.5%, PPI continues to fall

China's consumer inflation picked up slightly in November but remained well under the government's 2015 price target of 3% raising concerns that the world's no. 2 economy could be sucked into a Japan-style deflationary trap. The data has increased calls from some economists for more stimulus and interest rate cuts to spur growth and prices, even though the November consumer price index (CPI) surprised on the upside, rising 1.5% on-year from 1.3% in October. Economists had expected a 1.4% rise.

U.S Retail Sales increased less than expected

Sales at U.S. retailers rose less than forecast in October as consumers pocketed the money saved after fueling up their cars. Purchases increased 0.1% after being little changed in September, Commerce Department figures showed Friday in Washington. The median forecast of 84 economists called for a 0.3% gain. Receipts at service stations dropped for a fourth consecutive month as gasoline prices declined. Seven of 13 major retail categories showed gains last month, led by building-material stores, restaurants and non-store merchants, which include Internet sales, according to the report from the Commerce Department. Read more...

Friday, 30 October 2015

News

Australian PPI heavily beat expectations

Australian PPI rose 0.9% in the September quarter 2015. Analysts were forecasting 0.3% increase. Producer prices rose 1.7% through the year to the September quarter 2015. Intermediate demand rose 0.7% in the September quarter 2015, while preliminary demand rose 0.6% in the September quarter 2015.

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US Retail Sales up by 0.2%, PPI inclined by 0.3%

China's CPI increased by 1.5%, PPI continues to fall