Fed’s LMCI hints solid recovery in US labor market
Nov 10, 2015 04:57 am UTC| Commentary Central Banks
The Federal Reserves Labor Market Conditions Index (LMCI) increased by 1.6pts in October. The figure supports the last weeks U.S. labor market data. The strong of monthly estimates force to revise the quarterly...
U.S. import prices to reach 4 month peak
Nov 10, 2015 04:34 am UTC| Commentary
United States import prices recorded 0.1% month on month fall and 10.7% year on year fall in September. A slight improvement is expected in October. The conflict between firmer petroleum quotes and cheaper foreign goods...
UK construction output to rise
Nov 10, 2015 02:43 am UTC| Commentary
The path of construction output is very difficult to predict because the official data appear totally at odds with what the surveys tell us. The data say that output fell by 5.5% between March and August whereas the...
Weakness in Mexico's industrial production is temporary
Nov 10, 2015 02:24 am UTC| Commentary
The mining sector continues to be a significant drag on IP growth, while construction sector growth has also slowed slightly this year (compared with the H2 14 levels). As a result, industrial production is growing at...
Brazil retail sales pointing to a continued decline of consumption in Q3
Nov 10, 2015 01:58 am UTC| Commentary
Brazil retail sales fell 3.5% yoy in Q2 following the 0.8% yoy decline in Q1. Given the sharp rise in the unemployment rate in Q3, and the trend in sales in July-August, it is estimated that retail sales declined 7.4% yoy...
India’s inflation likely to rise
Nov 10, 2015 01:24 am UTC| Commentary
Indias headline CPI for October 2015 is expected to print at around 5.02% yoy, higher than the September 2015 CPI print of 4.40% yoy. The expected spike in inflation is due to the waning of the favourable base effect. It...
Australia's employment growth heading for another 4½-year record
Nov 10, 2015 00:48 am UTC| Commentary
Employment growth in Australia measured by the year-on-year rate has been on a rising trend since January 2014, and this trend is expected to have extended to October and a rate of 2.2%. At this level, employment growth is...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects