The Australia’s seasonally adjusted unemployment rate dropped to 3.4% in July 2022according to data published today by the Australian Bureau of Statistics (ABS). Bjorn Jarvishead of labor statistics for the ABS, said: “As the employment fell by 41,000 people and the number of unemployed also fell by 20,000the unemployment rate fell 0.1 percentage point to […]
Tag: Economic Indicator
US: Retail Sales Stagnate in July, Control Group Sales Rise More Than Expected
Retail sales in the US register zero advance in July against 0.1% expected. Sales of the control group and without taking into account vehicles climb more than expected. The dollar remains firm in the market. The retail sales recorded stagnated in July, with an increase of 0.1% expected. June figures were revised from 1% to […]
Eurozone: Preliminary GDP for the second quarter grows 3.9% annually, but below the 4% expected
The Preliminary Gross Domestic Product (GDP) of the euro zone for the second quarter of the year stood at 3.9%, below the 5.4% of the first quarter and the 4% estimated by the market consensus. Although this is the fifth consecutive quarter with positive economic growth for the region, the one published today is the […]
UK: Annual CPI rises to 10.1% in July, its highest level since 1982
The UK Consumer Price Index (CPI) rose 10.1% in July annual reading, exceeding the 9.8% expected and the 9.4% in June, according to the National Statistics Office (ONS). This is the highest rate of inflation seen in 40 years, specifically since 1982. The monthly inflation grew by 0.6%two tenths above the estimated 0.4%, but below […]
Canada: Annual inflation falls from 8.1% to 7.6% in July, in line with expectations
Consumer Price Index rises 0.1% in July. Core inflation accelerates to 0.5%, below expectations. The loonie appreciates modestly across the market after the data. The Consumer’s price index (CPI) rose 0.1% in July in Canada, in line with expectations. In June it had risen 0.3%. LThe annual rate fell from the maximum in 39 years […]
ZEW economic sentiment data from Germany and the Eurozone fall to more than a decade low
The index ZEW economic sentiment from Germany has plummeted to -55.3 points in August compared to -53.8 previously and expected by the market. This is his worst result since October 2008. The German ZEW Current Situation has also retreated to -47.6 from -45.8 previously. Although it is the worst result recorded since April 2021, it […]
UK: Jobless claims fall less than expected in July, ILO jobless rate remains at 3.8%
The Unemployment claims in the United Kingdom fell by 10,533 during the month of July, disappointing the expectations of the market, which expected a decrease of 32,000. In June, the indicator showed a drop of 20,000. This is the 17th consecutive month that the number of jobless applicants has decreased, but the one published today […]
USA: New York’s manufacturing empire surprises in August with its worst result in more than two years
The index New York’s manufacturing empire has fallen sharply in August, sinking to -31.3 points from +11.1 in July. This is its worst result in 27 months, specifically since May 2020, when the city was immersed in the midst of the coronavirus pandemic. According to the Federal Reserve Bank of New York, new orders and […]
US: Initial jobless claims rise to highest level since November
Initial jobless claims rise by 14,000 to 262,000. Continued orders climb to 1,428,000, The dollar remains weak after data. The US Department of Labor reported that initial jobless claims increased by 14,000 in the week ending August 6 to 262,000, slightly lower than the 263,000 market consensus. This is the highest reading since November. Continued […]
US: Annual inflation falls more than expected in July to 8.5% vs. 8.7% expected
Annual inflation falls from 9.1% to 8.5% in July in the United States. Core CPI unexpectedly remains at 5.9%. The dollar tumbled after the data. Retail inflation figures for July from the United States showed lower-than-expected data which sent the dollar lower in the market and propelled a rise in stocks and metals. The Consumer […]