- Wednesday, 15 March 2017
- News
US CPI increased by 0.1%
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in February on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.7 percent before seasonal adjustment. The February increase was the smallest 1-month rise in the seasonally adjusted all items index since July 2016. The gasoline index declined, partially offsetting increases in several indexes, including food, shelter, and recreation.
Read more...- Wednesday, 15 February 2017
- News
US Retail Sales increased 0.4%
The Commerce Department said retail sales increased 0.4 percent last month, buoyed by purchases of electronics and appliances. Households also spent more on dining out, sporting goods and hobbies. December's sales were revised up to show a 1.0 percent rise instead of the previously reported 0.6 percent advance. Sales rose despite motor vehicle purchases posting their biggest drop in 10 months. Compared to January last year retail sales were up 5.6 percent. Excluding automobiles, gasoline, building materials and food services, retail sales increased 0.4 percent after a similar gain in December.
Read more...- Tuesday, 31 January 2017
- News
Eurozone CPI jumped to 1.8%
Euro area annual inflation is expected to be 1.8% in January 2017, up from 1.1% in December 2016, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (8.1%, compared with 2.6% in December), followed by food, alcohol & tobacco (1.7%, compared with 1.2% in December), services (1.2%, compared with 1.3% in December) and non-energy industrial goods (0.5%, compared with 0.3% in December).
Read more...- Monday, 30 January 2017
- News
Aussie little changed in a quiet Monday trade
There were no major data releases from Australia today. Although the quarterly figure was weaker-than-expected, the annual rate increased to 1.5% from 1.3% in the third quarter. This was, however, below the 1.6% expected increase. In addition to the headline inflation figure, core inflation also missed market expectations, rising 0.4% for the quarter against forecasts for an increase of 0.5%. Its year-on-year rate came in at 1.55%, slightly above the 1.5% expected rise.
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