April GDP contraction matches forecasts but signals weakening momentum after March’s 0.3% growth. The UK economy contracted by 0.1% in April, matching expectations, as services and construction output fell sharply. The decline follows a 0.3% expansion in March, marking a s
United Kingdom: Upside CPI risks building into 2027 – Deutsche Bank Deutsche Bank’s Sanjay Raja expects UK headline CPI to edge up to 3.01% year-on-year in May, with core CPI at 2.72% and Services CPI at 3.65%. The bank projects CPI to average 3.1% this year before easing
Annual US PPI held at 1.1% in latest data, defying expectations for a decline to 0.7% and signaling persistent wholesale inflation. US producer prices showed no change in the latest report, with the Producer Price Index (PPI) holding steady at 1.1% year-over-year. The read
May’s 6.5% annual rise in the US Producer Price Index marks the sharpest increase in 18 months, exceeding April’s 5.7% gain. US producer prices rose 6.5% year-over-year in May, accelerating from April’s 5.7% increase. The jump represents the highest reading since November
May’s annual PPI rise marks the steepest increase in over three years, driven by surging energy costs and goods prices. US producer prices rose 6.5 percent year-over-year in May, the largest annual gain since November 2022, when prices climbed 7.4 percent. The monthly inde
Wholesale prices rose 1.1% in May, exceeding expectations The producer price index increased 1.1% in May, driven by higher costs. The 12-month wholesale inflation rate reached 6.5%, the highest since November 2022. Economists had expected a 0.7% monthly inc
Prior week Initial claims 225K (Largest since the first week of February) Prior week for continuing claims 1.777 million revised to x.xxxM initial jobless claims xxxK vs 219K estimate 4-week moving average comes in at xxx.xxK vs xxx.xxK last week Continuing claims x.xxxM versus...</strong
Prior was +6.0% - PPI % m/m vs +0.7% expected - Prior m/m reading was +1.4% Most Popular Family offices eye defense tech's high returns. Valuations are soaring, but risks loom in this hard tech frontier Hugo Boss shares jump 8% on Frasers' $2B takeover bid; valuatio
Claims forecast to recede to 215K New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. Claims are expected to decrease, moving toward the 4-week moving average of 214.75K. The declin
The company posted an 87% year-over-year increase in gross profit and a 70% rise in operating income for the quarter. Meso Numismatics reported first-quarter revenue of $2.64 million, driven by significant profit growth. Gross profit surged 87% to $1,766,491 from $943,894
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