Monthly archive August, 2021

UK consumer price inflation slowed sharply in July to the Bank of England's target, preliminary data from the Office for National Statistics showed Wednesday. The consumer price index rose 2.0 percent year-on-year following a 2.5 percent increase in June. Economists Read More →

Homebuilder confidence in the U.S. unexpectedly slumped to its lowest level in a year in the month of August, according to a report released by the National Association of Home Builders on Tuesday.Original Article Read More →

First-time claims for U.S. unemployment benefits saw a modest decrease in the week ended August 7th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 375,000, a decrease of Read More →

After yesterday's report showing U.S. consumer prices rose in line with estimates, the Labor Department released a separate report on Thursday showing U.S. producer prices increased more than expected in the month of July.Original Article Read More →

The U.S. dollar gained some ground against its major rivals on Thursday, rebounding from recent losses, after data showed an acceleration in U.S. producer inflation and a drop in jobless claims.Original Article Read More →

The Philippine economy grew at the fastest pace since 1988 in the second quarter driven by strong household spending, investment and exports, data published by the Philippine Statistics Authority showed on Tuesday. Gross domestic product rebounded 11.8 percent year-on-year, in Read More →