Euro-zone consumer prices for May have just been published as a preliminary estimate. They are up 1.9% year-on-year. Expectations were +1.6%, with an increase of only 1.2% in April. The core rate (excluding energy and […]
The ADP labour market report was somewhat weaker than expected with 178,000 new jobs (forecast was 190,000 new jobs; previous month was 204,000 new jobs). After all, 64,000 of these new jobs are created in […]
US consumer confidence (Conference Board; May) was lower than expected (forecast was 128.2; previous month was 128.7, but now revised downwards to 125.6). To this end, the Conference Board, which collects the data, writes: “Consumer […]
At 102.2, the ifo index was slightly weaker than expected (forecast was 102.7; previous month was 102.1). The assessment of the current situation is 106.0 (forecast was 106.0; previous month was 105.7). Expectations are 98.5 […]
Sales of existing US homes (Existing Home Sales; April) were weaker than expected at -2.5% to an annual rate of 5.46 million (forecast was -0.2% to an annual rate of 5.56 million; previous month was […]
The Philadelphia Fed Index (May) at 34.4 was significantly better than expected (forecast was 21.0; previous month was 23.2). The components – strong orders, fall in prices: New orders 40.6 (previous month was 18.4) – […]
The final version of the April euro-zone consumer prices has just been published. They’re going up 1.2%. The expectations were met. In the previous month the increase was still 1.3%. As expected, the so-called “core […]
At +0.3%, US retail sales (April) were slightly weaker than expected (forecast was +0.4%; previous month was +0.6%). Consumption in the US accounts for 70% of the country’s GDP – the savings rate of the […]
The german ZEW Index (Economic Sentiment; May) was -8.2, slightly weaker than expected (forecast was -8.0; previous month was -8.2) By contrast, the ZEW Index’s assessment of the current situation is somewhat higher at 87.4 […]
The US consumer sentiment University of Michigan (May; 1st release) turned out better than expected at 98.8 (forecast was 98.5; previous month was 98.8). The assessment of the current situation is 113.3 (forecast was 115.7; […]
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