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Monthly archive March, 2020

UK Inflation Slows As Expected In February

UK consumer price inflation slowed in February driven by motor fuels and computer games and output price inflation reached its lowest since mid-2016, data from the Office for National Statistics showed Wednesday. Consumer prices advanced 1.7 percent from last year, Read More →

U.S. Durable Goods Orders Unexpectedly Jump 1.2% In February

A report released by the Commerce Department on Wednesday showed an unexpected increase in new orders for U.S. durable goods in the month of February. The Commerce Department said durable goods orders jumped by 1.2 percent in February after a Read More →

Dollar Slides Again

The U.S. dollar drifted lower on Wednesday, extending recent slide, after Senate Leaders and White House officials reached an agreement on a $2 trillion fiscal stimulus package that aims to provide economic relief during the ongoing coronavirus pandemic.Original Article Read More →

German Business Confidence Logs Record Fall In March

German business sentiment logged its steepest fall ever recorded since German reunification, as the spread of coronavirus weighed on economic activity, final survey data from ifo Institute showed Wednesday. The business confidence index fell to 86.1 in March from 96.0 Read More →

U.S. New Home Sales Pull Back Off Nearly Thirteen-Year High In February

After reporting a jump in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing home sales pulled back sharply in the month of February. The Commerce Department said new home sales tumbled Read More →

U.S. Industrial Production Rebounds More Than Expected In February

Industrial production in the U.S. rebounded by more than anticipated in the month of February, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production climbed by 0.6 percent in February after falling by Read More →