Economy in Brief: September 2009

August following and outsized drop of 1.6% in July. Even so the drop in German PPI prices is becoming progressively smaller. Over three-months the pace of decline for PPI-ex-construction prices is 4.4% compared to a larger 6.9% pace [...]

August following and outsized drop of 1.6% in July. Even so the drop in German PPI prices is becoming progressively smaller. Over three-months the pace of decline for PPI-ex-construction prices is 4.4% compared to a larger 6.9% pace [...]

Exports rose sharply in the e-Zone in July posting a gain of 4.1% in the month as imports edged lower by 0.3%. The widening surplus will boost EMU GDP and surpluses have emerged and steadily widened over the last four months. The [...]

Yr/Yr regional housing markets all are still declining, of course, but the pace of the drop is diminishing across each of the main regions. The turn is clear but to keep it in gear will require more growth. With the first time home [...]

Yr/Yr regional housing markets all are still declining, of course, but the pace of the drop is diminishing across each of the main regions. The turn is clear but to keep it in gear will require more growth. With the first time home [...]

The EMU HICP finalized with August’s headline rate rising by 0.5% in and still dropping by 0.2% Yr/Yr. Core prices rose by 0.2% in August and rose by 1.2% Yr/Yr – a moderate result and indicating that inflation pressures are within [...]

Headline rises 0.4% core rises 0.1% for second month in a row The summary table shows that inflation remains contained for the most part. Energy prices rose 8.5% in August slamming the headline and lien items with energy in them. But [...]

Output and capacity: IP rose by 0.8% in August and manufacturing capacity rose for the second month in a row. For MFG, utilized capacity is just at 66.6% barely two thirds of the capacity put in place. However, even going back to the [...]