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U.S. Consumer Sentiment rose to 99.9

U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Friday. Sentiment index rose to 99.9 (est.…

Building Permits increased to 1.40 million

Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,396,000. This is 7.4 percent above the revised December rate of 1,300,000 and is 7.4 percent above the January 2017 rate of 1,300,000.…

UK Retail Sales grew less than expected

In January 2018, the underlying pattern in retail sales, as suggested by the three-month on three-month measure, is one of slow growth with the quantity bought increasing by 0.1%; the lowest growth since April 2017. The monthly growth rate for…

US CPI increased by 0.5%

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.1 percent before…

US Retail Sales unexpectedly declined in January

U.S. retail sales unexpectedly declined in January and December receipts were revised lower, indicating consumer demand in the first quarter may cool, according to Commerce Department figures released Wednesday. Overall sales fell 0.3% (est. 0.2% gain), the most since February…

Eurozone GDP grew by 0.6% in Q4

Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the fourth quarter of 2017, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European…

Westpac Consumer Sentiment fell to 102.7

The Westpac Melbourne Institute Index of Consumer Sentiment fell by 2.3% to 102.7 in February from 105.1 in January. The survey was conducted over the week of February 5  - February 11. That week was marked by a wave of…

Oil prices flat after rebound

Oil prices were flat on Tuesday, bouncing back from an early slide as the dollar fell to a one-week low, which encouraged buying of dollar-denominated crude at session lows. Global benchmark Brent futures hit a two-month low early, but by…

UK CPI unchanged in January

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.7% in January 2018, unchanged from December 2017. The largest downward contribution to change in the rate came from prices for motor fuels, which rose by…

French private employment continued to increase in Q4

In Q4 2017, private payroll employment continued to increase following the same path than in the previous quarters : +0.3%, that is +53,300 jobs after +49,600 in Q3 2017. Year on year, private payroll employment increased by +1.3% (that is…

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