The UK inflation rate, based on the Harmonized Consumer Price Index (HCPI) rose to 3.0% in December from 2.7% in November. The rise was no surprise since the principal reason given for the Bank of England's increase in the base rate [...]
Global| Jan 16 2007
Empire State Index Dropped Sharply
The January index of manufacturing activity in New York State softened considerably. The Index of General Business Conditions fell 13.06 points, the second down month, to 9.13. That was the lowest level since June 2003. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 16 2007
Empire State Index Dropped Sharply
The January index of manufacturing activity in New York State softened considerably. The Index of General Business Conditions fell 13.06 points, the second down month, to 9.13. That was the lowest level since June 2003. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2007
Growth in New Orders for Ships and Electric Power and for Export Exceed Growth in Japanese Headline Series for New [...]
The Economic and Social Research Institute (ESRI) of the Cabinet Office in Japan announced today that new orders for machinery were well above expectations. On a seasonally unadjusted basis new orders were 19.3% above November, 2005 [...]
Global| Jan 15 2007
OECD Leaders Rose
The Leading Index of the major 7 OECD economies rose 0.2% after a like gain during October but earlier month's increases were revised lower. The index's six month growth rate dropped to 1.1% from 1.6% as a result of the revisions. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 15 2007
OECD Leaders Rose
The Leading Index of the major 7 OECD economies rose 0.2% after a like gain during October but earlier month's increases were revised lower. The index's six month growth rate dropped to 1.1% from 1.6% as a result of the revisions. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jan 12 2007
Broad Industrial Production Advance in India
Industrial production in India was strong again in November, extending a long but irregular uptrend in the industrial sector of that rapidly emerging economy. According to the Central Statistical Organization, IP was up 5.5% in the [...]
Global| Jan 12 2007
U.S. Inventory Accumulation Up A Bit
Total business inventories rose 0.4% in November following a downwardly revised 0.2% October gain. Consensus expectations had been for a 0.3% rise and over the last three months the 0.3% average increase was the slowest since [...]
by:Tom Moeller
|in:Economy in Brief
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