US Durable Goods Orders Fall Less Than Expected on Signs of Improvement in Business Investment
US Durable Goods Orders Fall Less Than Expected on Signs of Improvement in Business Investment
US durable goods orders fell less than expected during the month of November at a rate of -1.0 percent, and excluding transportion, the index actually rose for the first time in five months by 1.2 percent. Looking at a breakdown of […]
Canada’s Inflation Rate Declined Less than Expected in November
Canada’s Inflation Rate Declined Less than Expected in November
Canadian consumer prices fell by less-than-expected (-0.3%) in November with the year-over-year rate slipping to 2.0% from 2.6% in October. The monthly decline in the all-items index reflected sharply lower energy prices. However moderating the effect of these price decreases were a sharp 7.2% increase in the […]
Canadian CPI Drops, But Core CPI Increases More Than Expected
Canadian CPI Drops, But Core CPI Increases More Than Expected
Canada Core CPI Actual 0.7%, Expected -0.2%, Previous -0.2%
Canada CPI Actual -0.3%, Expected -0.7%, Previous -1.0%
Release Explanation: The CPI measures the average price of a fixed market basket of goods and services purchased by consumers, and therefore gives an overall read of inflationary pressures. It is […]