Japan Producer Prices Change
Japan’s producer prices showed an unexpected rise in September 2024, reflecting a broader trend of inflationary pressures in the country’s industrial sector. Let’s dive deeper into the key details of this recent economic development and what it means for the...
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Germany Balance of Trade
Germany’s trade surplus widened to EUR 22.5 billion in August 2024, a significant increase from July’s revised EUR 16.9 billion and well above market expectations of EUR 18.4 billion. This marks the largest trade surplus since May 2024, supported by...
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New Zealand Interest Rate
In October 2024, the Reserve Bank of New Zealand (RBNZ) cut its official cash rate by 50 basis points, bringing it down to 4.75%. This marks the second consecutive rate reduction and aligns with market expectations as the central bank...
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United States Balance of Trade
The U.S. trade deficit narrowed to $70.4 billion in August 2024, reaching its lowest level in five months. This improvement reflects a significant decline from July’s revised deficit of $78.9 billion and slightly outperformed market expectations of $70.6 billion. Increase...
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Canada Balance of Trade
Canada’s trade deficit expanded to CAD 1.10 billion in August 2024, up from a revised CAD 0.29 billion in July and surpassing market expectations of a CAD 0.5 billion gap. This marks the sixth consecutive monthly deficit and the largest...
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