Dec 15, 2015 17:54 pm UTC| Commentary Economy
Canadian existing home sales rose 1.8% in November and are now 10.9% higher than a year ago according to data by the Canadian Real Estate Association (CREA). CREA noted that sales hit their highest monthly level in over...
UK Inflation rebounds back into positive territory in November
Dec 15, 2015 17:07 pm UTC| Commentary
CPI was unchanged on the month and increased by 0.1% in November. Movements in transport costs and alcohol and tobacco prices were the main contributors to the rise. Core inflation, excluding energy and food prices,...
US Core inflation remains strong in November, services inflation continues to improve
Dec 15, 2015 16:52 pm UTC| Commentary
Consumer prices came in line with expectation in November, as falling energy prices offset price increases elsewhere. Core CPI (excluding food and energy) was up 0.2%, as expected. On a year-over-year basis, overall...
US inflation pressures continue to mount despite the stronger USD and lower oil prices
Dec 15, 2015 16:18 pm UTC| Commentary Economy
Todays CPI report showed more signs that domestic inflation pressures continue to mount, despite the stronger USD and lower oil prices. As the impact of the stronger USD and the slump in energy prices begins to wane next...
November US CPI shows continued tug-of-war between core services and core goods
Dec 15, 2015 15:50 pm UTC| Commentary
In the November US CPI inflation report, headline inflation was flat on the month and up 0.5% y/y and core inflation was up 0.2% m/m and 2.0% y/y. Both series were in line with forecast. The NSA index level at 237.336 was...
Empire State manufacturing index stays negative for the fifth straight month
Dec 15, 2015 15:42 pm UTC| Commentary
The Empire State manufacturing index jumped to -4.6 in December, coming in modestly above forecast and consensus expectations of -7.0, but continues to be negative territory for the fifth straight month. Shipments...
Canadian manufacturing sales point to a weak fourth quarter
Dec 15, 2015 15:33 pm UTC| Commentary
Canadian manufacturing sales declined again in October, falling 1.1%. This print comes on the heels of a 1.5% decline in September, and marks the third consecutive monthly decrease. In real terms, sales were down 1%,...