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...
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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...
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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...
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Japan Machinery Orders
Japan’s core machinery orders, which exclude ships and electric power companies, fell by 1.9% month-over-month to 858.1 billion yen in August 2024, performing worse than market expectations of a 0.1% decline. This marks the fifth drop in core orders this...
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United States NY Empire State Manufacturing Index
The New York Empire State Manufacturing Index experienced a significant decline in October 2024, falling to -11.9 from 11.5 in September. This sharp drop surprised analysts, who had predicted a much more modest dip to 3.8. Key Indicators Show Contraction...
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