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Monthly archive July, 2019

U.S. Retail Sales Growth Far Exceeds Estimates In June

Retail sales in the U.S. climbed much more than expected in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales rose by 0.4 percent in June, matching the Read More →

U.S. Import Prices Slump Amid Steep Drop In Fuel Prices

Partly reflecting a steep drop in fuel prices, the Labor Department released a report on Tuesday showing U.S. import prices fell by more than expected in the month of June. The Labor Department said import prices tumbled by 0.9 percent Read More →

U.S. Industrial Production Unexpectedly Flat Amid Steep Drop In Utilities Output

With a steep drop in utilities output offsetting increases in manufacturing and mining output, the Federal Reserve released a report on Tuesday showing U.S. industrial production was unexpectedly flat in the month of June. The Fed said industrial production was Read More →

U.S. Homebuilder Confidence Unexpectedly Improves In July

Homebuilder confidence has unexpectedly shown a modest improvement in the month of July, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Index inched up to 65 in July Read More →

Dollar Extends Gains On Buoyant Retail Sales Data

The U.S. dollar advanced against major currencies on Tuesday, extending gains from previous session, after strong retail sales data dimmed chances of a deep cut in interest rates later this month.Original Article Read More →

UK Inflation Steady At BoE Target

UK consumer price inflation remained stable at the central bank target in June. However, factory gate inflation eased to the lowest in nearly three years in June, data from the Office for National Statistics showed Wednesday. Consumer prices Read More →