New Zealand Balance of Trade
In September 2024, New Zealand reported a trade deficit of NZ$2.1 billion, which marks an improvement from the NZ$2.4 billion deficit recorded in the same month last year. This positive shift highlights a dynamic trade landscape driven by significant changes...
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Germany Producer Prices Change
Germany’s economy saw a further decline in producer prices in September 2024, continuing a trend of deflation that has now lasted for over a year. Let’s dive into the specifics of this development and what it means for the broader...
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China Loan Prime Rate
In a bid to support its slowing economy, China has once again cut its key lending rates to historic lows. This move by the People’s Bank of China (PBoC) reflects the government’s broader efforts to stabilize the economy amid financial...
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United States Building Permits
Building permits in the United States experienced a notable decline in September 2024, dropping by 2.9% to a seasonally adjusted annual rate of 1.428 million. This figure fell short of market expectations, which had projected a rate of 1.46 million....
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United Kingdom Retail Sales
Retail sales in the UK surprised analysts in September 2024 with a 0.3% rise, beating forecasts of a 0.3% decline. This follows a strong 1% growth in August, indicating that consumer spending remains resilient despite economic challenges. Non-food stores were...
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