U.S. Producer Prices Climb 0.7 In August, Slightly More Than Expected

11 days ago

Producer prices in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand climbed by ...

UK Economy Logs Weak Growth In July

11 days ago

The UK economy logged a weak growth in July as services output remained flat and construction output contracted further on supply shortages, data from the Office for National Statistics showed on Friday. Gross domestic product expanded 0.1 percent in July ...

U.S. Jobless Claims Drop More Than Expected To New Pandemic-Era Low

12 days ago

After last Friday’s disappointing monthly jobs report, the Labor Department released a report on Thursday showing a bigger than expected decrease in first-time claims for U.S. unemployment benefits in the week ended September 4th. Read Full Story

ECB Slows Emergency Asset Purchases

12 days ago

The European Central Bank said Thursday it will slow the pace of its emergency asset purchases, which were launched last year to support the economy amid the Covid-19 crisis, as policymakers worry higher inflation may last long. Read Full Story

Germany Exports Rise At Slower Pace In July

12 days ago

Germany’s exports grew at a slower pace in July and imports declined for the first time in three months, data from Destatis showed on Thursday. Exports were up only 0.5 percent on a monthly basis in July, following a 1.3 ...

China Producer Price Inflation At 13-Year High

12 days ago

China producer price inflation accelerated to a 13-year high in August on higher commodity prices, while consumer price inflation slowed unexpectedly, official data showed on Thursday. Producer prices advanced 9.5 percent annually, following an increase of 9 percent in July, ...

Dollar Stays Firm Against Rivals

13 days ago

After climbing higher early on in the day, the U.S. dollar pared some gains on Wednesday after New York Fed Bank President John Williams said the labor market has to see more progress to get closer to the central bank’s ...

Fed’s Beige Book Says U.S. Economic Growth Downshifted Slightly

13 days ago

Economic growth downshifted slightly to a moderate pace in early July through August, according to the Federal Reserve’s Beige Book released on Wednesday. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed ...

Australia Central Bank Holds Rate At Record Low; Confirms Tapering

14 days ago

Australia’s central bank decided to keep its key interest rate unchanged at a record low and confirmed to taper its bond purchases. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to leave its ...

Germany Industrial Output Rises For First Time In 4 Months

14 days ago

Despite supply chain problems, Germany’s industrial output grew for the first time in four months in July, underpinned by higher production of capital and consumer goods, Destatis said Tuesday. Industrial production grew 1 percent month-on-month in July, offsetting a revised ...

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U.S. Producer Prices Climb 0.7 In August, Slightly More Than Expected

UK Economy Logs Weak Growth In July

U.S. Jobless Claims Drop More Than Expected To New Pandemic-Era Low

ECB Slows Emergency Asset Purchases

Germany Exports Rise At Slower Pace In July

China Producer Price Inflation At 13-Year High

Dollar Stays Firm Against Rivals

Fed’s Beige Book Says U.S. Economic Growth Downshifted Slightly

Australia Central Bank Holds Rate At Record Low; Confirms Tapering

Germany Industrial Output Rises For First Time In 4 Months