UK retail sales fell by 0.5% in July, compared to a rise of approximately 0.7% in June, matching market expectations. However, sales in the three months to July rose by 1.1%, supported by increased sales in non-traditional stores. Specifically, retail sales excluding automotive fuel fell by 0.9% in July, while sales in non-food stores rose by 0.3%. Sales in household...
Australian unemployment rose in July to its highest level in five years, reaching 4.5%, according to figures released by the Australian Bureau of Statistics (ABS) at the start of Asian trading on Thursday, August 20. This figure exceeded market expectations, coinciding with a decline in the labor force participation rate to 66.9% from 67%, while working hours fell by 0.6%....
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%...