The UK's Consumer Price Index (CPI), which measures inflation, rose by 2.9% in July, according to data released by the Office for National Statistics (ONS) on Wednesday morning, August 19. This figure is higher than the June reading of 2.6% and in line with expectations. On a monthly basis, the CPI rose by 0.3% in June, following a 0.1% increase...
The ZEW Business Confidence Index in Germany rose 7.9 points in August, reaching a six-month high of 34.1, compared to 26.3 in July. This exceeded expectations of a 30.1 reading. The July increase was driven by a significant improvement in the assessment of the current economic situation in Germany, which rose 16.5 points to -61.1. Strong quarterly results and high...
Canada's Consumer Price Index (CPI) grew by approximately 3% year-on-year in July, according to figures released moments ago, compared to 2.8% in June. The core CPI, which excludes gasoline prices, rose to 2.0% year-on-year, compared to 2.0% in June, marking its third consecutive monthly increase. On a monthly basis, the index rose by 0.5% in July, following a decline of...
Data released moments ago by the US Census Bureau showed a decline in US retail sales in July, with sales reaching $763.6 billion, a decrease of 0.6% after growth of 0.2% in January, falling short of expectations, while rising 5% year-on-year compared to July 2025.
Preliminary estimates from the UK's Office for National Statistics show that the UK's gross domestic product (GDP) rose by 0.4% in the three months to June, following a revised 0.6% increase in the three months to May. On a monthly basis, the economy grew by 0.3% in June, after showing no growth in May, exceeding expectations. The services sector, which...
Data released moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), which measures inflation, rose 0.1% in July, down 0.4% in June, matching market expectations. The core CPI, which excludes food and energy prices, rose 0.2%, compared to 0.0% in June. Meanwhile, the annual CPI over the past 12 months rose to 3.4%,...
At its meeting this morning, Tuesday, August 11, the Reserve Bank of Australia's Governing Council unanimously decided to maintain its monetary policy and keep the interest rate unchanged at 4.35%, as expected, for the second consecutive meeting. The Bank's policy statement noted that inflation, after declining significantly since its peak in 2022, is expected to rise sharply in the second...
Data released by China's National Bureau of Statistics early Sunday, August 9, showed that the annual consumer price index (CPI), a key measure of inflation, rose less than expected in July, at 0.5% year-on-year, compared to a 1% increase in June. Market expectations had anticipated growth of 0.8%. Meanwhile, the producer price index (PPI) hit a three-month low, rising 3.5%...
A report released moments ago by the US Bureau of Labor Statistics showed a decrease of only 23,000 jobs in the non-farm payrolls (NFP) sector in July, compared to an increase of 57,000 jobs in June. This was below the expected increase of 85,000 jobs. Meanwhile, the unemployment rate fell by 0.1 percentage points in June to 4.1%, coinciding with...
The US private sector added approximately 44,000 jobs in July, according to figures released moments ago by ADP, following the addition of approximately 95,000 jobs in June. This fell short of expectations, which had anticipated the addition of 68,000 jobs. Wages rose by 4.4% year-over-year. In detail, the goods-producing sector lost 3,000 jobs, with the natural resources and religious services...