US CPI Surges 0.4% in December 2024
In December 2024, the US CPI Surges Price Index (CPI) recorded a 0.4% month-over-month rise, marking the most significant increase since March. Energy prices played a pivotal role, surging by 2.6% and contributing over 40% of the overall monthly growth....
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UK Annual Inflation Rate Drops to 2.5% in December 2024
UK Annual Inflation Rate unexpectedly dropped to 2.5% in December 2024, down from 2.6% in November. This figure came in lower than the forecasted 2.6% and closely aligned with the Bank of England’s (BoE) forecast made in early November. Despite...
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Australia’s Consumer Sentiment Shows Continued Weakness
In January 2025, Australia’s Consumer Sentiment Index in Australia recorded a decline of 0.7%, bringing the index down to 92.1 points. This marks the second consecutive monthly decrease, pointing to ongoing consumer pessimism. The slight drop follows a series of...
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China’s Trade Surplus Surges in December 2024
China’s trade surplus reached an impressive USD 104.84 billion in December 2024, a significant increase from USD 75.31 billion during the same period last year. This figure not only surpassed market expectations of USD 99.80 billion but also marked the...
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US Average Hourly Earnings Rise by 0.3% in December 2024
In December 2024, US Average Hourly Earnings for employees on private nonfarm payrolls increased by 10 cents, or 0.3%, reaching $35.69. This marks a slight slowdown compared to the 0.4% rise in November, but it aligned with market expectations. The...
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