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U.S.

3m 6m 1y

*The economic data chart is for the U.S.

U.S. Housing Starts Pull Back After Reaching 13-Year High

A report released by the Commerce Department on Wednesday showed a pullback in new residential construction in the U.S. in the month of January. The Commerce Department said housing starts slumped by 3.6 percent to an annual rate of 1.567 million in January after soaring by 17.7 percent to a revised rate of 1.626 million in December. Read more...

Eurozone Current Account Surplus Grows

Euro area current account surolus grew in December after dropping in the previous month and the surplus for the full year 2019 was largely unchanged from a year ago, preliminary figures from the European Central Bank showed on Wednesday. The current account surplus rose to EUR 332.561 billion from... Read more...

U.S. Producer Prices Climb 0.5% In January, Much More Than Expected

Producer prices in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said it producer price index for final demand climbed by 0.5 percent in January after rising by 0.2 percent in December. Economists had expected producer prices to inch up by 0.1 percent. Read more...

U.S. / CANADA

U.S. Housing Starts Pull Back Less Than Expected In January

A report released by the Commerce Department on Wednesday showed a pullback in new residential construction in the U.S. in the month of January. Read more...

U.S. Producer Prices Climb Much More Than Expected In January

Producer prices in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Labor Department on Wednesday. Read more...

New York Manufacturing Index Climbs Much More Than Expected In February

Growth in New York manufacturing activity saw a notable acceleration in the month of February, according to a report released by the Federal Reserve Bank of New York on Tuesday. Read more...

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EUROPE

Turkish Central Bank Cuts Rates Again

Turkey's central bank cut interest rates for a sixth policy session in a row, citing continued economic recovery and the need to sustain a disinflation path. The Monetary Policy Committee, led by Governor Murat Uysal, slashed the policy rate, which is the one-week repo auction rate, to 10.75 percent... Read more...

Eurozone Construction Output Falls In December

Eurozone construction output declined in December after rising in the previous month, Eurostat reported on Wednesday. The construction output dropped 3.1 percent month-on-month in December, after a 0.7 percent rise in November. In October, output fell 0.7 percent. The decline was driven by a 3.6... Read more...

Poland Average Gross Wages Grow More Than Expected

Poland's average gross wages grew at a faster-than-expected rate in January, data from Statistics Poland showed on Wednesday. Average gross wages and salaries rose 7.1 percent year-on-year in January and amounted to 5282.80. Economists had expected a 6.7 percent increase. On a monthly basis, average... Read more...

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ASIA

Australia Wage Price Index Gains 0.5% On Quarter In Q4

The wage price index in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Wednesday - unchanged and in line with expectations. On a yearly basis, wages advanced 2.2 percent - also unchanged and matching forecasts. Public... Read more...

Japan Core Machine Orders Tumble 12.5% In December

The value of core machine orders in Japan was down 12.5 percent on month in December, the Cabinet Office said on Wednesday - coming in at 824.8 billion yen. That missed forecasts for a decline of 8.9 percent following the 18.0 percent surge in November. On an annual basis, core machine orders sank... Read more...

Japan Has Y1,312.6 Billion Trade Deficit In January

Japan posted a merchandise trade deficit of 1,312.6 billion yen in January, the Ministry of Finance said on Wednesday. That beat estimates for a shortfall of 1,684.8 billion yen following the 154.6 billion yen deficit in December. Exports were down 2.6 percent on year, beating expectations for... Read more...

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GLOBAL ECONOMICS

UK Inflation At 6-month High On Higher Petrol Prices

UK consumer price inflation rose more-than-expected in January, after easing in the previous month, to its highest level in six months, led by higher petrol prices. The consumer price index rose 1.8 percent year-on-year following a 1.3 percent increase in December, preliminary data from the Office for National Statistics showed on Wednesday. Economists had forecast 1.6 percent inflation. Read more...

Portugal Producer Prices Fall For Eighth Month

Portugal's producer prices fell for the eighth month in a row in January, figures from Statistics Portugal showed on Wednesday. The producer price index decreased 1.9 percent year-on-year in January, following a 2.3 percent decline in December. Excluding the energy group, producer prices fell 2.2... Read more...

Sweden Inflation Lowest Since March 2017

Sweden's consumer price inflation eased to the lowest in thirty-four months in December, data from Statistics Sweden showed on Wednesday. The consumer price index climbed 1.3 percent year-on-year in January, after a 1.8 percent rise in December. Economists had expected a 1.7 percent increase. A similar... Read more...

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ANALYST COMMENTS

ECONOMIC CALENDAR

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Wednesday ,Feb.19