If Mario Draghi needed to see continued outright deflation to take more aggressive policy steps, he did not get what he wanted in October. The Haver Analytics seasonally adjusted HICP rises by 0.2% in October while the ECB's own [...]
Global| Nov 16 2015European Inflation Remains Low but Its Prices Are not Falling
Global| Nov 16 2015Empire State Factory Sector Activity Remains Negative
The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 16 2015Empire State Factory Sector Activity Remains Negative
The Empire State Factory Index of General Business Conditions remained negative for the fourth consecutive month during November. The reading of -10.74 compared to an unrevised -11.36 in October. These diffusion indexes were nearly [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2015U.S. Retail Sales Remain Little Changed
Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2015U.S. Business Inventories Accumulate
Total business inventories increased 0.3% during September (2.4% y/y) following a 0.1% August rise. It was the strongest monthly gain in three months but left y/y growth of 2.4% at its lowest since 2010. Retail inventories jumped 0.8% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2015U.S. Producer Prices Post a Surprising Decline
The overall Final Demand Producer Price Index fell 0.4% during October (-1.6% y/y) following an unrevised 0.5% September decline. The Action Economics Forecast Survey expected a 0.2% increase. Prices excluding food & energy were off [...]
by:Tom Moeller
|in:Economy in Brief
Global| Nov 13 2015Year-over-Year EMU GDP Shows Some Recovery
EMU shows year-over-year GDP in a ramp up in growth to 1.6% in Q3 from 1.5% in Q2 and 1.2% in Q1. Yet, five of ten EMU member in the table saw year-over-year GDP growth decelerate in Q3 from Q2; only The Netherlands decelerated in Q2. [...]
Global| Nov 13 2015U.S. Retail Sales Remain Little Changed
Overall retail sales including food services & drinking places in October edged 0.1% higher (1.8% y/y) following no change during the prior two months. September was revised from +0.1%. A 0.3% rise had been expected in the Action [...]
by:Tom Moeller
|in:Economy in Brief
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