China Industrial Production
China’s industrial production grew by 5.4% year-on-year in September 2024, exceeding the 4.6% forecast and up from August’s 4.5%, which marked a five-month low. This acceleration is a clear sign of the government’s efforts to revive economic activity. The growth...
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China GDP Annual Growth Rate
China’s economy expanded by 4.6% year-on-year in Q3 2024, slightly above market expectations of 4.5% but below the 4.7% rise recorded in Q2. This marks the slowest growth rate since Q1 2023, highlighting several challenges faced by the country. Stimulus...
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Japan Inflation Rate
Japan’s annual inflation rate slowed to 2.5% in September, down from 3.0% in August, reaching its lowest point since April. This decline reflects easing pressures on energy and consumer prices, with electricity price growth falling to 15.2% from 26.2% in...
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United States Industrial Production
In September 2024, U.S. industrial production saw a notable decline of 0.3%, a steeper drop than the 0.2% decrease forecasted by analysts. This marks a reversal from the upwardly revised 0.3% rise in August, signaling potential challenges for the economy...
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United States Initial Jobless Claims
In the week ending October 12, 2024, U.S. initial jobless claims dropped by 19,000 to 241,000, marking the largest decrease in three months. This decline came in below market expectations of 260,000 and follows a surge in claims caused by...
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U.S. Retail Sales
In September 2024, U.S. retail sales experienced a 0.4% increase month-over-month, surpassing both the 0.1% gain in August and market expectations of a 0.3% rise. This marks a positive boost in consumer spending, particularly as certain sectors showed stronger-than-expected growth....
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Euro Area Interest Rate
In October 2024, the European Central Bank (ECB) lowered its three key interest rates by 25 basis points, marking the third consecutive reduction this year following similar cuts in September and June. The new rates stand at 3.25% for the...
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