U.S. Annual Inflation Rises 2.4% in March

Investing.com - U.S. consumer price inflation accelerated in March, according to data released on Wednesday, underlining the case for a faster pace of monetary tightening by the Federal Reserve. Consumer inflation rose by an annualized 2.4% in March the Labor Department said, up from 2.2% in th ...

UK Manufacturing Production Falls in February

Investing.com - Output in the UK manufacturing sector fell 0.2% in February, according to figures published on Wednesday by the Office for National Statistics. The consensus expectation had been for growth of 0.2%. On an annualized basis, manufacturing production rose 2.5% in February. Tha ...

U.S. Producer Prices Rise 0.3% in March

Investing.com - U.S. producer prices rose in March, according to data released on Tuesday. The Labor Department said its producer price index increased 0.3% last month. In the 12 months through March, the PPI rose 3.0%. Economists had forecast the PPI rising 0.1% last month and increasing 2.9% fro ...

Economic Calendar: Top Things to Watch

Investing.com - The NFIB's small business optimism index is released on Tuesday. The producer price index for March is also due out.Facebook (NASDAQ:FB) CEO Mark Zuckerberg appears before Congress on Tuesday and Wednesday in response to the company's data scandal. On Wednesday, look for th ...

U.S. Job Creation Misses Consensus in March

Investing.com - Nonfarm payrolls (NFP) rose by 103,000 in March, according to official data released on Friday. The data was lower than the consensus estimate for the creation of 193,000 jobs and below the 241,000 positions that the ADP report indicated on Wednesday. This is a breaking news story ...

Canada Adds 32,300 Jobs in March

Investing.com - The Canadian economy created 32,300 jobs in March, data from Statistics Canada showed on Friday. Economists had forecast an increase of 18,800jobs. The unemployment rate was at 5.8%, in line with the consensus forecast of 5.8%.

U.S. Jobless Claims Rise by 24,000 in Latest Week

Investing.com - The number of people who filed for unemployment assistance in the U.S. last week rose more than expected, according to official data released on Thursday. The number of individuals filing for initial jobless benefits increased by 24,000 to 242,000 the Labor Department said. Analyst ...

UK Services PMI Slows Sharply in March

Investing.com - Activity in the UK service sector rose at the slowest pace in more than one-and-a-half years last month, according to a closely watched business survey released on Wednesday. Disruption due to snow and unusually bad weather conditions had been a key factor holding back busines ...

ISM Non-Manufacturing Index Falls to 58.8 in March

Investing.com - The rate of growth in the economy's service sector slowed in March, according to a report released on Wednesday. The Institute of Supply Management said its non-manufacturing purchasing managers' index fell to 58.8 in March, from 59.5 the previous month. Economists had forecast ...

U.S. Adds 241,000 Private Sector Jobs in March: ADP

Investing.com - U.S. private employers added 241,000 jobs in March, above economists' expectations, a report by a payrolls processor ADP showed on Wednesday. Economists had expected the ADP nonfarm payrolls report to show a gain of 208,000 jobs. Private sector jobs increased by 235,000 in February ...

Euro Zone Annual Inflation Rises 1.4% in March

Investing.com - Inflation in the euro zone rose in March after three months of declines, according to a flash estimate released on Wednesday. The bloc’s statistics agency Eurostat said its consumer price index rose by 1.4% in March from the same month a year earlier, up from 1.1% in February. Core ...

UK Construction PMI Falls to 5 in March

Investing.com - Activity in the UK construction sector slowed last month, according to a closely watched business survey released on Wednesday. Research firm Markit said its construction purchasing managers’ index rose to 47.0 in March, compared to forecasts for a reading of 50.9. The prior month’s ...

UK Manufacturing PMI rises to 55.1 in March

Investing.com - Activity in the UK manufacturing sector accelerated last month, according to a closely watched business survey released on Tuesday. Research firm IHS Markit said its manufacturing purchasing managers’ index rose to 55.1 in March, compared to forecasts for a reading of 54.8. The ...

U.S. Manufacturing Growth Falls in March

Investing.com - A closely-watched gauge of US manufacturing fell in March, according to a business survey released on Monday. The Institute of Supply Management’s purchasing managers' index fell to 59.3, compared to forecasts for a reading of 60.1. The prior month’s reading was 60.8. The new orders ...