Retail gasoline prices fell to $2.82 per gallon last week from $2.84 during the prior week. Despite recent declines, prices remained up 19.5% y/y. Haver Analytics constructs factors to adjust for the marked seasonal variation in [...]
Global| Aug 21 2018U.S. Retail Gasoline Prices Decline
by:Tom Moeller
|in:Economy in Brief
Global| Aug 20 2018German PPI Fails to Ring Alarm Bells
Inflation trends in Germany continue to move up toward or to the 2% mark. And 2% is a micro-step over the line to Germans and to the ECB. The German CPI has just got to that mark while the ex-energy CPI continues to pace at a good [...]
Global| Aug 20 2018FIBER: Industrial Commodity Prices Move Lower
The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) fell 3.7% last month and extended the retreat in prices since the peak two months ago. The decline left the index [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 17 2018EMU Inflation Picture Gets as Dicey as the Outlook for EMU Policy
The EMU inflation picture has begun to get dicey with headline inflation at or above 2% for two months running and the core rate (excluding food and energy) running at a pace closer to 1%. Even Alice in Wonderland did not have it so [...]
Global| Aug 17 2018U.S. Leading Economic Indicators Continue to Strengthen
The Conference Board's Composite Index of Leading Economic Indicators increased 0.6% (6.3% y/y) during July. The improvement followed an unrevised 0.5% June gain and an upwardly revised 0.1% uptick. A 0.4% increase had been expected [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 17 2018U.S. Leading Economic Indicators Continue To Strengthen
The Conference Board's Composite Index of Leading Economic Indicators increased 0.6% (6.3% y/y) during July. The improvement followed an unrevised 0.5% June gain and an upwardly revised 0.1% uptick. A 0.4% increase had been expected [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 16 2018On The Heels of a German Rebound, U.K. Retail Sales Show Life; Is This Revival or Denial?
U.K. retail sales are advancing and accelerating on the heels of a rebound in sales in Germany. It's an unlikely development as the U.K. faces all sorts of challenges including a program of rate hikes from the BOE, ongoing concerns [...]
Global| Aug 16 2018U.S. Initial Claims for Unemployment Insurance Decline
Initial claims for unemployment insurance decreased to 212,000 during the week ended August 11 from 214,000 the week before, which was revised up by 1,000. The Action Economics Forecast Survey called for a 215,000 reading. The four- [...]
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