Monthly archive February, 2022

The U.S. dollar firmed against most of its major rivals on Thursday after data showing the nation's inflation rose more than expected in January, raising expectations that the central bank is likely to hike interest rate by 50 basis points Read More →

The annual rate of U.S. consumer price growth accelerated more than expected in the month of January, the Labor Department revealed in a highly anticipated report on Thursday. The report showed consumer prices in January were up by 7.5 percent Read More →

A report released by the Commerce Department on Wednesday showed another sharp increase in U.S. wholesale inventories in the month of December. The Commerce Department said wholesale inventories shot up by 2.2 percent in December after jumping by 1.7 percent Read More →

With the value of imports increasing by slightly more than the value of exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened modestly in the month of December.Original Article Read More →

Retail sales data from Italy is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, industrial production and household consumption figure are due from Statistics Sweden.Original Article Read More →

Indonesia's economic growth accelerated more than expected in the fourth quarter underpinned by robust household spending, Statistics Indonesia reported Monday. Gross domestic product grew 5.02 percent from the last year, following a 3.51 percent rise in the third quarter. This Read More →