Economic News, US Economic News, Global Economic News, Economic Calendar

U.S.

3m 6m 1y

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

Australia Inflation Expectations Ease In August

Inflation expectations among Australian households eased in August, the latest Survey of Consumer Inflationary and Wage Expectations from the Melbourne Institute showed Thursday. The expected inflation rate fell by 0.4 percentage points to 5.9 percent in August. Total pay is expected to grow by 0.8... Read more...

Singapore GDP Slips 0.2% In Q2

Singapore's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the second quarter of 2022, the Ministry of Trade and Industry said on Thursday. That missed estimated for a flat reading following the upwardly revised 0.8 percent increase in the previous three months (originally... Read more...

Austria Production Index Rises At Slower Pace

Austria's production index grew at a slower pace in June on weak construction activity, Statistics Austria reported Wednesday. The production index that combines industrial and construction output, rose by working-day adjusted 4.6 percent annually, slower than the 9.6 percent increase in May. The... Read more...

U.S. / CANADA

U.S. Wholesale Inventories Jump Slightly Less Than Expected In June

A report released by the Commerce Department on Wednesday showed a continued surge in U.S. wholesale inventories in the month of June. The Commerce Department said wholesale inventories shot up by 1.8 percent in June after leaping by an upwardly revised 1.9 percent in May. Read more...

U.S. Consumer Prices Unchanged In July, Annual Growth Slows More Than Expected

With a sharp pullback in gasoline prices offsetting higher prices for food and shelter, the Labor Department released a report on Wednesday showing U.S. consumer prices came in flat in the month of July. The Labor Department said its consumer price index was unchanged in July after jumping by 1.3 percent in June. Read more...

U.S. Consumer Prices Unexpectedly Unchanged In July

View All

EUROPE

Romania Inflation Eases Slightly In July

Romania's consumer price inflation eased for the first time in eight months in July, though marginally, data from the National Institute of Statistics showed on Thursday. Consumer price inflation slowed to 15.0 percent in July from 15.1 percent in June. Economists had forecast inflation to moderate... Read more...

Denmark Inflation Highest Since February 1983

Denmark's consumer price inflation rose to the strongest level since early 1983, largely driven by higher food, fuel and utility costs, data from Statistics Denmark showed on Wednesday. Consumer price inflation accelerated to 8.7 percent in July from 8.2 percent in June. The latest inflation was... Read more...

Latvia Trade Deficit Narrows In June

Latvia's foreign trade deficit decreased in June from a year ago, as exports increased faster than imports, preliminary data from the statistical office showed on Wednesday. The trade deficit narrowed to EUR 381.5 million in June from EUR 410.1 million in the corresponding month last year. In May,... Read more...

View All

ASIA

Singapore GDP Data Due On Thursday

Singapore will on Friday release final Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is called flat on quarter and up 4.8 percent on year after rising 0.7 percent on quarter and 3.7 percent on year in the previous three months. Singapore also... Read more...

Thai Central Bank Raises Key Rate For First Time Since 2018

The Bank of Thailand raised its key interest rate for the first time in over three-and-a-half years as inflation is expected to remain above the target throughout this year. The Monetary Policy Committee voted 6 to 1 to raise the policy rate by a quarter-point to 0.75 percent, the central bank said on its website. Read more...

Thailand Raises Rates By 25 Bps As Expected

The Bank of Thailand raised its key interest rate for the first time in over three-and-a-half years, on Wednesday, in line with economists' expectations. The Monetary Policy Committee voted 6 to 1 to raise the policy rate by a quarter basis point to 0.75 percent, the central bank said on its website.... Read more...

View All

GLOBAL ECONOMICS

Brazil Retail Sales Fall More Than Expected

Brazil's retail sales decreased for the second straight month in June, and at a faster-than-expected pace, figures from the Brazilian Institute of Geography and Statistics, or IBGE, showed on Wednesday. Retails sales dropped a seasonally-adjusted 1.4 percent month-on-month in June, following a 0.4... Read more...

Portugal Inflation Rises As Estimated; Jobless Rate Falls

Portugal's consumer price inflation accelerated as initially estimated in July to reach its highest level since late 1992, latest data from Statistics Portugal showed on Tuesday. Separate official data showed that the unemployment rate decreased in the second quarter. Consumer price inflation climbed... Read more...

Greece Jobless Rate Drops In June

Greece's unemployment rate dropped in June, data from Hellenic Statistical Authority showed on Wednesday. The unemployment rate fell to a seasonally adjusted 12.1 percent in June from 12.5 percent in May. In the same month of 2021, the jobless rate was 15.0 percent. The number of employed increased... Read more...

View All

ANALYST COMMENTS

Australia NAB Business Confidence Improves In July

Australia's business confidence improved strongly in July despite inflation and rising interest rates clouding the outlook, survey results from NAB showed on Tuesday. The business confidence index rose... Read more...

India Services Growth Eases In July

India's service sector growth eased to a 4-month low in July due to weaker sales growth and inflationary pressures, survey results from S& P Global showed on Wednesday. The services Purchasing Managers'... Read more...

ECONOMIC CALENDAR

Time (et)

Economic Indicator

Period

Actual

Forecast

Country

Thursday ,Aug.11

08:30

PPI (M-o-M)

JUL

0.3 %

1.1 %

United States

08:30

PPI (Y-o-Y)

JUL

10.6 %

11.3 %

United States

08:30

Initial Jobless Claims

AUG 6

260 K

United States

10:30

EIA Natural Gas Inventory (Cubic Feet)

AUG 5

2457 B

United States

View All

Follow RTT

RTT's Global Coverage
Australia	Iceland	Poland
Austria	India	Portugal
Belgium	Indonesia	Romania
Brazil	Ireland	Russia
Bulgaria	Israel	Serbia
Canada	Italy	Singapore
Chile	Japan	Slovakia
China	Latvia	Slovenia
Croatia	Lithuania	South Africa
Cyprus	Luxembourg	South Korea
Czech Republic	Macau	Spain
Denmark	Macedonia	Sri Lanka
Egypt	Malaysia	Sweden
Estonia	Malta	Switzerland
Eurozone	Mauritius	Taiwan
Finland	Mexico	Thailand
France	Moldova	Turkey
Germany	Netherland	UK
Greece	New Zealand	United States
Hong Kong	Norway	Vietnam
Hungary	Philippines

Editor's Pick
Most Read
Most Emailed

Lyons Magnus Expands Recall Of Nutritional And Beverage Products

U.S. Wholesale Inventories Jump Slightly Less Than Expected In June

Archdiocese Of Washington D.C. Partners Engiven To Accept Crypto Donations

U.S. Consumer Prices Unchanged In July, Annual Growth Slows More Than Expected

Elon Musk Sells Tesla Stock Worth $6.9 Bln To Avoid Emergency Sale

WhatsApp Introducing New Privacy Features

Prudential Plc Turns To Net Profit In H1; Pre-tax Profit Down

FDA Authorizes Emergency Use Of JYNNEOS Vaccine For Monkeypox

U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar

Lyft Launches Media And Advertising Business

Sysco Q4 Profit Surges, Looks Ahead To Adj. Earnings Growth In FY23

Royal Crest Dairy Recalls 2% Chocolate Milk

U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar

Singapore GDP Data Due On Thursday

U.S. Wholesale Inventories Jump Slightly Less Than Expected In June

U.S. Consumer Prices Unchanged In July, Annual Growth Slows More Than Expected

Singapore GDP Slips 0.2% In Q2

Australia Consumer Confidence Index Data Due On Tuesday

Japan Overall Bank Lending Jumps 1.8% On Year In July

China Inflation Data Due On Wednesday

New Zealand Electronic Retail Spending Slips 0.2% In July

China Inflation Climbs 2.7% On Year In July

Japan Producer Prices Rise 0.4% In July

Japan Has Y132.4 Billion Current Account Shortfall In June

China Inflation Data Due On Wednesday

Singapore GDP Slips 0.2% In Q2

Malaysia Industrial Production Increases; Jobless Rate Falls

U.S. Consumer Prices Unexpectedly Unchanged In July

U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar

New Zealand Electronic Retail Spending Slips 0.2% In July

China Inflation Climbs 2.7% On Year In July

Japan Overall Bank Lending Jumps 1.8% On Year In July

Latvia Inflation At Record High

South Korea Jobless Rate Steady At 2.9%

U.S. Labor Productivity Shows Another Steep Drop In Q2

MARKET UPDATES

Tamer Than Expected Inflation Data May Lead To Initial Jump On Wall Street

The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to benefit from a positive reaction to a highly anticipated reading on U.S. inflation. The futures surged following the release of a report from the Labor Department showing U.S. consumer prices unexpectedly...