China’s Inflation Beats Estimates in April as Food Prices Soar
(NBS) China’s inflation rose by 2.1% in April from the prior year, compared to 1.5% in March and higher than estimates of a 1.8% gain. The producer prices also accelerated,…
(NBS) China’s inflation rose by 2.1% in April from the prior year, compared to 1.5% in March and higher than estimates of a 1.8% gain. The producer prices also accelerated,…
(NFIB) The NFIB optimism index that gauges confidence among the small business owners held at 93.2 in April, the lowest in two years. Concerns about stagflation held back the small…
(New York Fed) The median inflation expectations over the next year in the US fell to 6.3% in April from 6.6% in March. The median three-year inflation expectations still rose…
(NBS) Exports from China rose by 3.9% in April from the prior year, marking its weakest rate since June 2020. The weak exports in April reflected the impacts of Covid-19…
(Bureau of Labor Statistics) The nonfarm payroll employment rose by 428,000 in April, with widespread job additions across various sectors. Job gains were noted the highest in leisure and hospitality,…
(Halifax) The average house prices in the UK increased by a monthly 1.1% or 3,078 pounds in April to claim another record high of 286,079 pounds. The April gains in…
(Department of Labor) A total of 200,000 Americans filed for jobless claims in the week ending April 30, an increase of 19,000 from the prior week. On a four-week average,…
(BoE) The Bank of England has increased the interest rate by 0.25 percentage points to 1% as policy tightening continues in the wake of high inflation rates. The central bank…
(IHS Markit) The headline Business Activity Index in China was posted at 36.2 in April, compared to March’s 42.0. The decline was the second-sharpest on record, only behind February 2020.…
(Fed) Fed increased the benchmark interest rate by half a percentage point, the largest increase since 2000, the same as the market expected. Following Wednesday's decision, the federal-funds rate of…
(ADP National Employment) A total of 247,000 jobs were generated in the US private sector from March to April, compared to 455,000 jobs the previous month. Large businesses generated the…
(S&PGlobal) The overall Composite Output Index in the euro area was at a seven-month high of 55.8 in April, up from 54.9 in March. The robust growth reflected a strong…