Japan CPI inflation eases as expected in Nov; early BOJ pivot in question

[ad_1] Investing.com– Japan’s core consumer price index inflation eased as expected in November amid softening food prices, with the reading casting more doubts over when the Bank of Japan could potentially begin tightening its ultra-loose policy.  , which excludes volatile fresh food prices, rose 2.5% year-on-year, data from the Statistics Bureau showed on Friday. The … Read more

Chinese industrial production surges in Nov, other data disappoints

[ad_1] Investing.com– Chinese industrial production grew more than expected in November, indicating that manufacturing output remained steady even as local and overseas demand continued to trend lower.  grew 6.6% year-on-year in November, data from the National Bureau of Statistics showed on Friday. The reading was above expectations for growth of 5.6%, and accelerated from the … Read more

Australia jobs grow more than expected in Nov, but unemployment up

[ad_1] Investing.com– Australia’s labor market grew more than expected in November as demand for skilled workers remained robust, although an unexpected increase in unemployment and fewer hours worked indicated some cooling. The grew by 61,500 in November, data from the Australian Bureau of Statistics showed on Thursday. The reading was well above expectations for growth … Read more

Australia consumer sentiment improves slightly in Dec- Westpac

[ad_1] Investing.com– Australian consumer sentiment improved marginally in early-December, a private survey showed on Tuesday, aided by easing fears of higher interest rates, although high inflation and increased taxes saw consumers remain largely negative.  The rose 2.7% in December to 82.1, rising further away from COVID-era lows, but still remaining very weak. Sentiment improved largely … Read more

Consumer confidence stays stable in RBI survey across 19 major cities

[ad_1] Mumbai, Dec 11 (IANS) Consumer confidence in the country for the current period remained stable as higher pessimism on the current general economic situation and employment was counterbalanced by a positive turnaround in sentiment on current income, according to an RBI survey released on Monday.The RBI’s bi-monthly consumer confidence survey of the November 2023 … Read more

China disinflation worsens in Nov as CPI hits 3-year low; Stocks tumble

[ad_1] Investing.com– China’s disinflationary trend worsened in November, data showed over the weekend, with consumer prices falling at their fastest pace in three years, while producer prices remained in contraction for a fourteenth consecutive month.  The readings spurred increased concerns over the Chinese economy, which saw China’s blue chip index sink over 1% to a … Read more

China trade balance grows in Nov on improved exports, but imports fall

[ad_1] Investing.com– China’s trade balance grew more than expected in November, aided by a surprise rise in exports as they snapped a six-month losing streak, although an unexpected drop in imports still indicated continued weakness in local demand.  The country’s grew to $68.39 billion in November from $56.53 billion in the prior month, data from … Read more

Australia trade balance up less than expected in Oct, exports muted

[ad_1] Investing.com–Australia’s trade balance grew less than expected in October as exports picked up only slightly from sharp declines in recent months, while a drop in imports raised some concerns over shrinking domestic demand. The country’s grew to A$7.13 billion from A$6.79 billion in the prior month, data from the Australian Bureau of Statistics (ABS) … Read more

U.S. private employers add 103,000 jobs in November – ADP

[ad_1] Investing.com — U.S. private payrolls growth unexpectedly slowed in November, in a sign that the Federal Reserve’s aggressive campaign of interest rate hikes could be impacting labor demand. in the U.S. added 103,000 jobs last month, down from a revised mark of 106,000 in October, according to payroll processor ADP (NASDAQ:). Economists had forecast … Read more

Australia Q3 GDP slightly misses expectations as exports shrink

[ad_1] Investing.com– Australia’s economy grew slightly less than expected in the third quarter on weak export demand, particularly in China, although domestic spending remained robust amid high interest rates and inflation.  grew 0.2% quarter-on-quarter in the three months to September 30, data from the Australian Bureau of Statistics showed on Wednesday. The reading was below … Read more