Monthly archive October, 2022

The decline in UK retail sales deepened unexpectedly in September as the rising cost of living weighed on the volume of spending, and also the holiday on account of the state funeral reduced sales. Retail sales dropped 1.4 percent month-on-month, Read More →

After climbing higher in the Asian session on Friday, the U.S. dollar turned weak as the day progressed, amid uncertainty about the pace of interest rate hikes by the Federal Reserve in the coming months.Original Article Read More →

The UK budget deficit reached its second highest September level since the monthly records began in 1993, the Office for National Statistics said Friday. Excluding public sector banks, public sector net borrowing was GBP 20.0 billion in September, which was Read More →

Indonesia's central bank raised interest rates for a third policy session in a row, as expected, to rein in the rising inflation and to strengthen the weakening rupiah exchange rate, which was caused by increased capital outflows.Original Article Read More →

Business confidence survey data from France is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's producer prices for September. Economists forecast prices to surge 44.7 percent on a yearly Read More →

UK consumer price inflation accelerated more-than-expected in September, to reach its recent high marked in July, led mainly by rising food prices, preliminary figures from the Office for National Statistics showed Wednesday. The consumer price index rose 10.1 percent year-on-year Read More →