index consumer confidence of the American Conference Board has dropped 4.5 points in June, standing at 98.7 compared to the 103.2 registered in May. The result disappoints the 100 expected by the market consensus, according to Reuters. Today’s is the lowest confidence figure seen in sixteen months, specifically since February 2021. The current situation index, […]
Tag: Economic Indicator
USA: Goods trade balance deficit falls to 104.3 billion in May
Goods trade balance deficit falls 2.2% in May. Wholesale inventories rise 2% in May. Later Tuesday: home price and consumer confidence data. The United States merchandise trade balance deficit it fell from 106.7 billion in April to 104.3 billion in May, according to preliminary information. The decrease was 2.2%. The exports of goods reached 176,600 […]
Germany: Gfk consumer confidence stands at -27.4 in July, a new record low
The Germany’s Gfk consumer confidence index for the month of July has fallen to -27.4 points from -26.2 in June (figure revised downwards from -26), thus reaching its historical minimum. The market consensus expected an even bigger drop, to -27.7. After a brief respite in the previous month, consumer sentiment in Germany continues its downward […]
US: Durable goods orders rise 0.7% in May vs. 0.1% expected
Durable goods orders report for May with figures above expectations. The dollar was not affected by the figures. The numbers on the durable goods requests for may were higher than the consensus of the market in general. Claims climbed 0.7%, above the 0.1% expected, and higher than the previous month’s 0.4% (revised from 0.5%). It […]
US: S&P Global PMI indicators unexpectedly fall in June to lows in months, approach 50
The preliminary US PMI report showed figures below expectations, joining the trend set hours ago by the numbers of the Eurozone. The S&P Global Integrated PMI for June fell from 53.6 to 51.2, with a rise to 53.7 expected. The manufacturing PMI it went from 57 to 52.4, which was surprising since a smaller decrease […]
US: Initial jobless claims fall to 227,000
Unemployment subsidy requests fall modestly, in line with expectations. Current account deficit rises more than estimated in the first quarter. The dollar loses strength at the start of the American session. The Department of Labor reported that initial claims for unemployment benefits they fell by 2,000 in the week ended June 18 to 229,000, slightly […]
Canada: Annual inflation rises more than expected in May to 7.7%, highest since 1983
Inflation accelerates in May more than expected. IPC rises 1.4% in May, above the 1% market consensus. Canadian dollar without big data impact. In Canadathe Consumer’s price index (CPI) in May rose 1.4% exceeding the expected increase of 1% and higher than the rise of 0.6% in April. The annual rate went from 6.8% to […]
UK: Annual inflation rises to 9.1% in May, highest since 1982
The UK Consumer Price Index (CPI) rose 9.1% year-on-year in May, meeting market expectations and exceeding 9% in April. This is the highest inflation rate recorded since the series began for National Statistic in January 1997. Prior to this series, the data would be the highest seen since 1982. The monthly CPI stood at 0.7%, […]
Eurozone: Inflation rises to 8.1% annually in May, a new all-time high
The Consumer Price Index (CPI) for the euro zone met expectations and reached a new record in May’s year-on-year reading, reaching 8.1%seven tenths above the 7.4% registered in March and April. According to Eurostat, the statistical office of the European Union, annual inflation in the EU was 8.8% in May 2022, compared to 8.1% in […]
USA: The Philadelphia Fed manufacturing index suffers its first drop since May 2020 in June
The Philadelphia Fed manufacturing index fell to -3.3 points in June from +2.6 in May, disappointing +5.5 estimates and showing a downward trend for the third month in a row. The indicator is located in negative territory for the first time in twenty-five monthsspecifically since May 2020, when the United States was immersed in the […]
