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Existing-Home Sales Climb 1.1 Percent in March

Existing-home sales grew for the second consecutive month in March, but lagging inventory levels and affordability constraints kept sales activity below year ago levels, according to the National Association of Realtors. Total existing-home sales which are completed transactions that include…

German producer prices in March 2018: +1.9% on March 2017

In March 2018 the index of producer prices for industrial products rose by 1.9% compared with the corresponding month of the preceding year. In February the annual rate of change all over had been 1.8%, as reported by the Federal…

Australian employment growth is slowing

Australian employment growth is slowing sharply in early 2018. According to the Australian Bureau of Statistics (ABS), employment rose by 4,900 in seasonally adjusted terms, missing expectations for an increase of 20,000. Full-time employment fell by 19,900 to 8.51 million,…

UK CPI down to 2.5%

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.3% in March 2018, down from 2.5% in February 2018. Since reaching a recent high of 2.8% towards the end of 2017, the rate has fallen…

More bumps as the German ZEW drops again

As this week is relatively light on macro data in Germany and the entire Eurozone, it was obvious that the German ZEW index would get some special attention. With another disastrous outcome, the attention will be even higher. The verdict…

U.S. Retail Sales Rebound in Sign Consumer Weakness Fading

U.S. retail sales rose by more than expected in March in the first gain in four months, suggesting consumer demand regained steam on the back of tax cuts and refunds. Receipts advanced 0.6 percent following a 0.1 percent drop in…

Euro area international trade in goods surplus €18.9 bn

The first estimate for euro area (EA19) exports of goods to the rest of the world in February 2018 was €177.5 billion, an increase of 3.0% compared with February 2017 (€172.3 bn). Imports from the rest of the world stood…

Unemployment Claims decreased to 233,000

In the week ending April 7, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 9,000 from the previous week's unrevised level of 242,000. The 4-week moving average was 230,000, an increase of 1,750 from the…

US CPI down by 0.1%

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in March on a seasonally adjusted basis after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all…

UK consumer spending wilts in March under heavy snow: surveys

British consumer spending wilted under heavy snow in March, according to surveys on Tuesday that added to signs the economy probably slowed at the start of 2018. Barclaycard, the credit and debit card division of Barclays (BARC.L), said annual consumer…

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