Euro Area Interest Rate
In October 2024, the European Central Bank (ECB) lowered its three key interest rates by 25 basis points, marking the third consecutive reduction this year following similar cuts in September and June. The new rates stand at 3.25% for the...
Read more
Japan Balance of Trade
In September 2024, Japan’s trade balance shifted to a deficit of JPY 294.24 billion, a significant reversal from the JPY 60.56 billion surplus recorded in the same month last year. This marks the third consecutive month of trade deficits, underscoring...
Read more
Canada Manufacturing Sales
In August 2024, Canada’s manufacturing sales declined by 1.3% month-over-month to $69.4 billion, slightly outperforming the anticipated 1.5% drop but marking the lowest sales figure since January 2022. This decline underscores ongoing challenges in the country’s manufacturing sector, as reduced...
Read more
United Kingdom Inflation Rate
In September 2024, the UK’s annual inflation rate dropped significantly to 1.7%, marking the lowest level since April 2021. This decline from 2.2% in August also fell below the expected rate of 1.9%, signaling a continued easing of inflationary pressures...
Read more
Australia Leading Economic Index
In September 2024, the Westpac-Melbourne Institute Leading Economic Index for Australia remained nearly unchanged month-over-month, reflecting a persistent period of subdued economic activity. This marks the sixth consecutive month of weak performance, signaling ongoing challenges for the country’s economic growth...
Read more
