Canadian Annual Inflation 2.2% in September

Investing.com - The overall rate of inflation in Canada rose less than expected in September, Statistics Canada said on Friday. The consumer price index rose 2.2% last month, compared with the same month a year earlier. Prices fell by 0.4% from a month earlier. Economists had expected annua ...

Canadian Retail Sales Fall by 0.1% in September

Investing.com - Canadian retail sales fell 0.1% in September, Statistics Canada said on Friday. This was compared to a gain of 0.2% in the previous month, which was revised down from 0.3%. Economists had forecast a rise of 0.3%. Core retail sales, which excludes automobiles, decreased 0.4% i ...

U.S. Jobless Claims Fall by 5,000 in Latest Week

Investing.com - The number of people who filed for unemployment assistance in the U.S. last week fell more than expected, according to official data released on Thursday. The number of individuals filing for initial jobless benefits in the week ended Oct. 13 fell by 5,000 to a seasonally adjuste ...

Philly Fed Index Falls in October

Investing.com - The Philadelphia Fed's manufacturing index fell in October, to a reading of 22.2 from 22.9 the prior month, the Philly Fed reported on Thursday. The consensus forecast was for a reading of 19.7. Any reading above zero indicates improving conditions, below indicates worsenin ...

UK Retail Sales Fall by 0.8% in September

Investing.com - UK retail sales fell 0.8% in September, the Office for National Statistics said on Thursday. This was compared to a 0.4% increase in the previous month. Economists had forecast a 0.4% drop. This is a breaking news story; please refresh the page for updates.

Fed Minutes: Fed Touts Gradual Rate Hikes; Trade Concerns Persist

Investing.com - Federal Reserve policymakers reaffirmed their commitment to gradually raising interest rates as inflation remained within its target range and labor markets continued to show strength, according to the minutes of its September meeting published Wednesday. The Fed raised it ...

U.S. Housing Starts Drop in September Amid Hurricane Florence

Investing.com - The number of housing starts issued in the U.S. fell more than forecast in September, negatively impacted by Hurricane Florence, while building permits also declined. The data underlined concerns over the health of the U.S. housing sector. Housing starts dropped 5.3% to a seasonall ...

Canadian Manufacturing Sales Fall Less Than Expected in August

Investing.com - Canadian manufacturing sales fell less than expected in August, official data showed on Wednesday. In a report, Statistics Canada said that Canadian manufacturing sales fell to a seasonally adjusted negative 0.4%, from a revised 1.2% in the preceding month. Analysts had expecte ...

Euro Zone Annual Inflation Confirmed at 2.1% in September

Investing.com - Euro zone consumer prices for September were unrevised on Wednesday, confirming expectations that the European Central Bank will unwind its asset purchase program later this year. The bloc’s statistics agency Eurostat said its consumer price index rose 2.1% in September from the ...

UK CPI Rises by 2.4% in September

Investing.com - British consumer prices in September rose by 2.4% compared with a year earlier, the UK Office for National Statistics said on Wednesday. That was below the consensus forecast for a 2.6% rise and compared to the 2.7% rise seen in August. Core CPI, which excludes food, energy ...

U.S. Industrial Production Rises in September

Investing.com - U.S. industrial production rose in September, according to data released on Tuesday. The Federal Reserve reported that industrial output rose 0.3% last month after gaining 0.4% in August. Economists had forecast industrial production rising 0.2%. Meanwhile, manufacturing productio ...

German ZEW Economic Sentiment Index Deteriorates in October

Investing.com - The mood among German investors worsened in October, a survey showed on Tuesday. The Mannheim-based ZEW research institute said its monthly survey showed its German economic sentiment fell to a negative 24.7 this month from minus 10.6 in September. That was compared to the consensu ...

UK Wage Growth Accelerates, Unemployment Rate Steady at 4%

Investing.com - Pay growth in the UK accelerated in August, while the unemployment rate remained steady, according to official data released Wednesday. Average earnings, excluding bonuses, rose by an annual 3.1% in the three months to August, the Office of National Statistics reported, abov ...

U.S. Retail Sales Rise Much Less Than Forecast in September

Investing.com - Retail sales in the U.S. rose much less than expected in September, dashing optimism over the health of the economy. Retail sales increased by a seasonally adjusted 0.1% last month, according to the U.S. Commerce Department, below expectations for a gain of 0.7%. Core retail sales ...

U.S. Consumer Prices Rise Less-Than-Expected in September

Investing.com - U.S. consumer prices rose less than expected in September, but still pointed to a steady increase in inflation, keeping pressure on the Federal Reserve to stick to its plan for gradual interest rate hikes. The Labor Department said on Thursday its consumer price index (CPI) ros ...