China’s Producer Prices Decline by 2.5% in November 2024
China’s producer prices fell by 2.5% year-on-year in November 2024, marking the 26th consecutive month of producer deflation. However, the drop was softer than October’s 2.9% decline and came in below market expectations of a 2.8% fall, reflecting Beijing’s ongoing...
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China’s Annual Inflation Rate Eases to 0.2% in November 2024
In November 2024, China’s annual inflation rate unexpectedly eased to 0.2%, down from 0.3% in the previous month, falling short of market forecasts of 0.5%. This marks the lowest inflation figure since June and highlights mounting deflation risks in the...
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Japan’s GDP Expansion in Q3 2024
Japan’s GDP expanded by 0.3% on a quarterly basis in Q3 2024, surpassing the flash data and market forecasts which anticipated a 0.2% growth. This positive result follows a downwardly revised 0.5% increase in Q2, marking the second consecutive period...
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Japan’s Account Surplus Declines in October 2024
In October 2024, Japan’s account surplus saw a decrease to JPY 2,456.9 billion, down from JPY 2,823.9 billion in the same month a year earlier. Despite this decline, the surplus was higher than the market estimates, which had anticipated a...
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Steady Growth in Average Hourly Earnings for November 2024
In November 2024, average hourly earnings for all employees on private nonfarm payrolls increased by 13 cents, or 0.4%, reaching $35.61. This growth matched October’s pace and exceeded market expectations of a 0.3% rise. The steady monthly increase highlights ongoing...
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