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UK Inflation Exceeds Target For First Time Since Mid-2019

UK consumer price inflation exceeded the central bank's 2 percent target for the first time in nearly two years in May, data released by the Office for National Statistics revealed on Wednesday. Consumer price inflation accelerated to 2.1 percent in Read More →

China Industrial Output, Retail Sales Growth Eases More Than Expected

Growth in China's industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday. According to the National Bureau of Statistics, industrial production grew 8.8 percent on a yearly basis in May, weaker than the economists' forecast of Read More →

U.S. Housing Starts Rebound In May But Building Permits Slump

After reporting a sharp pullback in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts rebounded in the month of May.Original Article Read More →

U.S. Import Prices Jump More Than Expected Amid Spike In Fuel Prices

Reflecting a jump in fuel prices, the Labor Department released a report on Wednesday showing U.S. import prices increased by more than expected in the month of May. The Labor Department said import prices jumped by 1.1 percent in May Read More →

Dollar Climbs Higher After Fed Signals Rate Hikes In 2023

After moving along the flat line since the start of the Asian session on Wednesday, the U.S. dollar climbed higher, scoring notable gains against most of its peers, after the Federal Reserve said it expects two rate increases by the Read More →

New Zealand GDP Climbs 2.4% On Year In Q1

New Zealand's gross domestic product expanded 2.4 percent on year in the first three months of 2021, Statistics New Zealand said on Thursday.Original Article Read More →

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