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By Ketki Saxena Investing.com – Statistics Canada reported today that headline CPI dropped lower to 5.2% year over year in February, a substantial decline from January’s 5.9%...
By Ketki Saxena Investing.com – After Canadian inflation slowed more rapidly than expected in February, analysts from ING are now expecting that the Bank of Canada’s next move on...
Proactive Investors - Canada's inflation rate cooled to 5.2% in February, the largest deceleration since April 2020, data showed on Tuesday, backing the central bank's plans to...
By Ketki Saxena Investing.com – The Teranet–National Bank National Composite House Price Index showed that Canadian home prices fell 0.3% in February from January, as prices...
By Scott Kanowsky Investing.com -- A key measure of U.S. manufacturing activity came in below expectations in March, but improved marginally compared to the prior month, as recent...
By Ambar Warrick Investing.com -- Australia’s job market grew more than expected in February, data showed on Thursday, while unemployment fell back to near 50-year lows as a...
By Ambar Warrick Investing.com -- New Zealand’s economic growth missed expectations in the fourth quarter, data showed on Thursday, with gross domestic product instead...
(Reuters) - Peru's gross domestic product contracted 1.12% in January compared with the same month a year before, official data showed on Wednesday, marking the first contraction...
WASHINGTON (Reuters) - U.S. producer prices unexpectedly fell in February and the rise in prices in January was not as large as initially thought, offering some hopeful signs in...
By Geoffrey Smith Investing.com -- U.S. retail sales fell by 0.4% in February, the latest sign that a year of punishing price increases and the depletion of pandemic-era savings...
BEIJING (Reuters) -China's aluminium production rose 7.5% in the first two months of 2023, official data showed on Wednesday, after the end of strict COVID-19 controls improved...
By Ambar Warrick Investing.com -- Chinese industrial production rose slightly less than expected in February as manufacturing activity logged a somewhat staggered recovery despite...
By Geoffrey Smith Investing.com -- U.S. headline inflation slowed again last month but core prices continued to rise at an uncomfortably fast pace. The Bureau of Labor Statistics...
By Ambar Warrick Investing.com -- Australian consumer sentiment was unchanged in early-March from the prior month, a private survey showed on Tuesday, but remained pinned at...
By Ketki Saxena Investing.com – Bond markets are dramatically repricing future rate moves by central banks in the wake of the Silicon Valley Bank failure and bailout, including...
By Geoffrey Smith Investing.com -- The U.S. economy continued to create jobs faster than most expected in February, but wage growth eased and the average worker's working hours...
(Reuters) - Italian industrial producer prices saw a marked decline in January, slipping back to levels seen in the summer of 2021 in yearly terms due to a decline in energy...
By Ketki Saxena Investing.com – At a speech in Winnipeg today, Bank of Canada senior deputy governor Carolyn Rogers expounded on the Bank of Canada’s decision to hold...
By Geoffrey Smith Investing.com -- The number of people claiming unemployment benefits for the first time rose to a 10-week high last week, a sign that the labor market may be...
By Ambar Warrick Investing.com -- Chinese consumer inflation missed expectations in February as spending still remained constrained despite the lifting of anti-COVID measures,...
By Ketki Saxena Investing.com – Bank of Canada’s announcement earlier today to hold rates at 4.50% came as little surprise. The move had been widely expected by economists and...
NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was...
By Ketki Saxena Investing.com – The Bank of Canada has announced that it will hold its benchmark policy rate at 4.5%, in a move that had been widely expected by economists. After...
By Geoffrey Smith Investing.com -- The U.S. labor market is still refusing to slow down meaningfully. Private-sector payrolls grew some 242,000 in the month through mid-February,...
NEW YORK (Reuters) - The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if...
By Ambar Warrick Investing.com -- China’s trade surplus grew sharply in February, data showed on Tuesday, driven largely by a smaller-than-expected decline in exports as...
By Ambar Warrick Investing.com -- Australia’s trade surplus shrank more than expected in January, data showed on Tuesday, as a small increase in exports was largely offset by...
By Ketki Saxena Investing.com – This week will be a big one in Canadian economics, with all eyes on the Bank of Canada on the 8th of March for its Monetary Policy Announcement. ...
By Ketki Saxena Investing.com – What you may have missed this week in Canadian economics Canadian GDP: The Canadian economy stalled in the fourth quarter of last year, with real...
By Ketki Saxena Investing.com – The Bank of Canada holds its next policy announcement next Wednesday on March 8. The Bank of Canada has, over the last 12 months, hiked interest...
By Geoffrey Smith Investing.com -- A key gauge of U.S. economic activity showed business was still robust in February, but suggested that companies are fast losing their pricing...
By Geoffrey Smith Investing.com -- Economic activity in the Eurozone picked up in February as the bulk of Europe started to emerge from the energy crisis that had threatened to...
By Ambar Warrick Investing.com -- Chinese services sector activity rose more than expected in February, a private survey showed on Friday, as an economic recovery in the country...
By Ambar Warrick Investing.com -- Consumer inflation in Japan’s capital grew at a slower pace in February than the prior month, data showed on Friday, indicating that price...
By Geoffrey Smith Investing.com -- The U.S. labor market continued to defy forecasts for a slowdown last week, as the number of people filing initial claims for jobless benefits...