Food retail sales increased by 1.9% in August and were up 2.4% year-on-year. Non-food retail trade advanced by 1.1% in August and by 1.2% compared with August 2023. E-commerce and…
Tag: Economics
Michigan Consumer Sentiment Declined To 68.9
At current levels, sentiment is 8% stronger than a year ago and roughtly 40% above the bottom that was reached back in June 2022. Current Economic Conditions declined from 63.3…
Global Economic Outlook: A Resilient World Economy Faces US Election Test
N.B.: Donald Trump (red) versus Kamala Harris (blue) opinion polling; Trump versus Joe Biden before 21 July 2024. Source: RealClearPolitics Polling.Either a Harris or a Trump presidency will be reflationary…
Core PPI Rises 0.2% In September, In Line With Analyst Consensus
Core PPI increased by 0.2% month-over-month, in line with analyst expectations. Year-over-year, Core PPI grew by 2.8%, exceeding the analyst estimate of +2.7%. Producer Prices data may surprise markets as…