(IHS Markit) The Composite Output Index, gauging activity in the US private sector, hit 58.5 in March, up from 55.9 in February. The rate marked the fastest expansion since July…
(Department of Labor) US jobless claims were recorded at 187,000 in the week that ended March 19, down by 28,000 from the previous week. The claims were at the lowest…
(IHS Markit) The Eurozone PMI Composite Output Index was posted at 54.5, a two-month low and a decline from 55.5 the previous month. The slowdowns in Eurozone business activity reflected…
(ONS) UK consumer prices increased by 6.2% in the twelve months to February 2022, accelerating from a gain of 5.5% in January. The inflation was the highest since March 1992.…
(NAR) Existing home sales in the US were recorded at an annual rate of 6.02 million in February, down 7.2% from January. On a year-over-year basis, existing home sales were…
(Eurostat) The international trade in goods balances was posted at a deficit of 27.2 billion euros in the euro area in January 2022, compared to a surplus of 10.7 billion…
(Census Bureau) US housing starts for privately-owned units rose by a monthly 6.8% to an annual rate of 1.769 million in February and were up 22.3% from the prior year.…
(WSJ) US average rate for a 30-year mortgage is 4.16%, the first time it has surpassed the 4% mark since May 2019. The rise in mortgage rate suggests that the…
Source: Philadelphia Fed The diffusion index, gauging the current general activity in the US Manufacturing was recorded at 27.4 in March, up 11 points and the highest since November last…
(Department of Labor) The US jobless claims were recorded at 214,000 in the week that ended March 12, a two-and-half-month low, after a decline of 15,000 from the previous week.…
(Eurostat) Annual inflation rate rose to 5.9% in February from 5.1% the previous month, beating expectations of 5.8%. The inflation was a significant jump from 0.9% a year ago. In…
(Fed) The US Federal Reserve has embarked on gradual policy tightening by hiking the interest rates by a quarter percentage point or 25 basis points. The benchmark rate will now…