Solid Gold Berjangka | The Australian retail sales data for September, as reported by the Australian Bureau of Statistics, exceeded expectations, with a 0.9% increase from the previous month. This increase was significantly higher than the anticipated 0.3% rise. The boost in sales was primarily...
Solid Gold Berjangka | he article provides information on Australia's inflation rate, which came in higher than expected in the third quarter of the year, bolstering the case for the Reserve Bank of Australia (RBA) to raise interest rates in the upcoming month. Here are...
Inflation in Tokyo slowed for a third straight month in September, supporting the Bank of Japan’s view that prices are set to cool further. Consumer prices excluding fresh food rose 2.5% in the capital, decelerating from 2.8% in August, according to the ministry of internal affairs Friday. Economists...
Business sentiment in Germany weakened even further in September, the fifth consecutive month of decline, with the economic outlook remaining bleak in Europe's largest economy, according to a survey of companies. The Ifo business-climate index declined slightly to 85.7 in September from a revised 85.8 in...
France's dominant services sector contracted at an even sharper pace in September, a monthly survey showed on Friday, as falls in demand and new orders weighed on the euro zone's second-biggest economy. The HCOB France flash purchasing managers index (PMI) for the services sector, compiled by...
Britain’s inflation rate fell unexpectedly despite a surge in fuel prices, easing pressure for further interest-rate increases from the Bank of England. The Consumer Prices Index rose 6.7% from a year ago in August, less than the 6.8% gain the month before, the Office for National Statistics said...
Australian jobs rebounded in August following a surprise drop while the unemployment rate held steady, suggesting the labor market is managing to cope with the Reserve Bank’s 12 interest-rate increases. The economy added 64,900 roles from the prior month, compared with estimates for a 25,000 gain,...
Japan’s economy expanded at a slower pace than initially estimated as businesses cut back investment in plants and equipment and consumers spent less, an outcome that points to the fragility of the growth achieved last quarter. Gross domestic product grew at an annualized 4.8% from the previous three...
Australia’s economy maintained momentum in the three months through June driven by strong export demand for goods and services, suggesting a still-solid impulse in the face of 12 interest-rate increases. Gross domestic product advanced 0.4% from the prior quarter, in line with economists’ estimates, Australian Bureau...
According to the latest data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s monthly Consumer Price Index (CPI) rose 4.9% in the year to July 2023, as against the annual increase of 5.4% seen in June. The market had expected an increase of...