Macro Indicators News Stream
Australia Jobless Rate Below Estimates in September
Australia's seasonally adjusted unemployment rate unexpectedly edged down to 5.2 percent in September 2019 from a year-high of 5.3 percent in the previous month and less than market expectations of 5.3 percent. The number of unemployed decreased by 8,100 while employment rose 14,700.
Oct 17, 2019 01:09 (GMT)
Canada Inflation Rate Steady at 5-Month Low of 1.9%
The annual inflation rate in Canada stood at 1.9 percent in September 2019, its lowest level since March, unchanged from August and below market expectations of 2.1 percent. Price growth was held back by a further decline in gasoline prices.
Oct 16, 2019 15:14 (GMT)
Ghana Inflation Rate at Over 6-Year Low of 7.6%
The annual inflation rate in Ghana eased to 7.6 percent in September 2019, its lowest level since August 2013, from 7.8 percent in the previous month. Prices continued to slow for non-food products while rose further for food.
Oct 16, 2019 14:44 (GMT)
US Retail Sales Post Biggest Drop in 7 Months
US retail trade fell 0.3 percent from a month earlier in September 2019, after an upwardly revised 0.6 percent gain in August and missing market expectations of a 0.3 percent increase. It was the first and biggest decline in retail trade since February, mainly due to lower sales at motor vehicles, building materials, hobbies and online purchases.
Oct 16, 2019 13:04 (GMT)
South Korea Cuts Key Rate by 25 Bps to 1.25%
The Bank of Korea lowered its policy rate by 25 basis points to its lowest level in two years of 1.25 percent in a 5-2 vote. This was the second rate cut in three months, amid mounting deflationary pressures and a slowdown in the economy, with consumption growth weakening and sluggishness in exports and facilities investment persisting. The bank added that growth this year is expected to fall below the 2.2 percent projection made in July, amid the prolonged US-China trade dispute and the heightened geopolitical risks. Policymakers left the door open for further easing although a split vote on the latest move suggested the next reduction may not be imminent.
Oct 16, 2019 09:52 (GMT)
New Zealand Annual Inflation Rate Slows to 1.5% in Q3
The annual inflation rate in New Zealand decreased to 1.5 percent in the third quarter of 2019 from 1.7 percent in the previous period but above market expectations of a 1.4 percent gain. The slowdown was mainly due to a fall in cost of transport.
Oct 16, 2019 09:44 (GMT)
Euro Area Trade Surplus Below Expectations
The Euro Area trade surplus rose to EUR 14.7 billion in August 2019 from EUR 11.9 billion in the corresponding month of the previous year but below market expectations of EUR 17.5 billion. Exports fell 2.2 percent from a year earlier to EUR 177.4 billion and imports slumped 4.1 percent to EUR 162.6 billion. Both, exports and imports fell to their lowest level since December 2018.
Oct 16, 2019 09:34 (GMT)
Italy Inflation Rate Revised Down to Near 3-Year Low
The annual inflation rate in Italy fell to 0.3 percent in September of 2019 from 0.4 percent in the previous month and below preliminary estimates of 0.4 percent. It was the lowest inflation since November of 2016.
Oct 16, 2019 09:30 (GMT)
Eurozone Inflation Rate Unexpectedly Revised Down to 0.8%
The annual inflation rate in Euro Area dropped to 0.8 percent in September 2019 from 1 percent in the previous month, below a preliminary estimate and market expectations of 0.9 percent, final data showed. It was the lowest inflation rate since November 2016, as energy prices fell further.
Oct 16, 2019 09:13 (GMT)
UK September Inflation Rate Steady at Over 2-1/2-Year Low
The annual inflation rate in the United Kingdom was at 1.7 percent in September 2019, unchanged from the previous month and slightly below market expectations of 1.8 percent. It remained the lowest inflation rate since December 2016, amid a slowdown in cost of transport, as fuel prices dropped the most since August 2016.
Oct 16, 2019 08:48 (GMT)