Global Economy In February 2024, the headline S&P Global Flash US PMI Composite Output Index fell to 51.4 from 52.0 in January 2023, while staying in the expansion region. Nonetheless,…
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Global Economy In January 2024, headline inflation in the US saw a slight uptick, rising by 0.3% month-on-month (MoM), compared to December's 0.2% MoM increase, as reported by the Bureau of…
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Global Economy In a coordinated stand against inflation, both the UK's Bank of England (BOE) and the US Federal Reserve (Fed) held their key interest rates steady this week. While…
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Global Economy S&P Global issued the US and UK Purchasing Managers' Index (PMI) data earlier this week. With a headline S&P Global Flash US PMI Composite Output Index of 52.3,…
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Global Economy Earlier this week, China released its Q4:2023 GDP figures. According to the data, Gross domestic product (GDP) grew 5.2% YoY in Q4:2023 (vs. 4.9% in Q3:2023). On a…
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Global Economy The US Bureau of Labor Statistics (BLS) published US December 2023 CPI data earlier this week. The Headline Consumer Price Index (CPI) rose 0.3% MoM in December 2023, up from…
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Global Economy China’s private Caixin Manufacturing Purchasing Managers’ Index (PMI) reached 50.8 in December 2023, its highest level in four months, earlier this week, suggesting a steady rebound in the…
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Global Economy The US Labor Department made data on initial unemployment claims available over the week. The week before Christmas saw an increase in first unemployment claims, according to the…
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Global Economy Earlier this week, the Office of National Statistics (ONS) released UK November 2023 Consumer Price Index (CPI) data. According to the ONS, The CPI rose by 3.9% YoY…
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Global Economy Earlier this week, the Federal Reserve kept interest rates unchanged at the end of its policy meeting. The widely expected decision kept the target range for the federal-funds…
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