The U.S. Census Bureau announced advance estimates of U.S. retail and food services sales for November 2018 and below are some of the key takeaways from the report released this Friday. Advance estimates of U.S. retail and food services sales for November 2018 were $513.5 billion, an increase of 0.2 percent from the previous month, and 4.2 percent above November 2017. Total sales for the September 2018 through November 2018 period were up 4.3 percent from the same period a year ago. The September 2018 to October 2018 percent change was revised from up 0.8 percent to up 1.1...

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China's November industrial output grew 5.4 percent from a year earlier and retail sales increased 8.1 percent, missing forecasts, while fixed-asset investment rose slightly more than expected in the first 11 months, official data showed on Friday. Analysts polled by Reuters had predicted industrial output growth would hold steady at 5.9 percent as in October, data released by the National...

Falling gasoline prices helped cushion the blow of higher rent and prescription drug prices in November and help keep inflation at bay, fresh government figures show. The consumer price index, or cost of living, was unchanged in November, the government said Wednesday. That matched the forecast of economists polled by MarketWatch. The increase in the cost of living over the past 12 months...

U.S. producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering some potential signs of inflation pressures bubbling up in the economy. The producer-price index advanced 0.1 percent from October, cooling from a rise that was the fastest in six years, Labor Department data showed Tuesday. The annual...

UK workers get biggest pay rise in a decade

Tuesday, 11 December 2018 16:59 WIB

British workers had their biggest pay rise in a decade in the three months to October as the country's strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday. Average weekly earnings, including bonuses, rose by 3.3 percent on the year, their biggest rise since the three months to July 2008 and comfortably beating a median forecast of 3.0 percent in a...

Kantor Statistik Nasional (ONS) merilis data produksi industri dan manufaktur Inggris pada hari Senin, dengan keseluruhan aktivitas industri menunjukkan hasil yang mengecewakan di bulan Oktober. Output manufaktur mencapai -0.9% bulanan di bulan Oktober versus 0,0% ekspektasi dan 0,2% dibukukan pada bulan September sementara total output industri berkontraksi 0,6% pada bulan yang...

The US economy created 155K new jobs in November, down from 250K reported in the previous month. The US wages rose 3.1% over the year in November, meeting the market estimate in November. The US labor market created 155K new jobs in November down from 250K in October, the US Labor Department reported on Friday. At the same time, the US wages rose 3.1% over the year in November, unchanged from...

Japanese households unexpectedly trimmed spending in October as wages rose modestly, pointing to continued weakness in consumption that could weigh on any rebound from an economic contraction in the third quarter. Household spending fell 0.3 percent from a year earlier, the seventh decline this year, the ministry of internal affairs said. The median estimate was for a rise...

The rate of growth in the economy's service sector picked up in November, according to a report released on Thursday. The Institute of Supply Management said its non-manufacturing purchasing managers' index rose to 60.7 in November, from 60.3 the previous month. Economists had forecast a reading of 59.2. A reading above 50 for the index indicates expansion in the sector, and a reading below...

ASIA
Japan's Household Spending Falls as Wage Gains Remain Subdued
Friday, 7 December 2018 08:32 WIB Japanese households unexpectedly trimmed spending in October as wages rose modestly, pointing to continued weakness in consumption that could weigh...
UNITED STATES
U.S. retail sales surge in October after first back-to-back declines in five years
Thursday, 15 November 2018 20:42 WIB Sales at U.S. retailers surged in October after the first back-to-back declines in more than five years, though most of the money was spent on gas...
EUROPE
U.K. Retail Sales Unexpectedly Fall in Poor Start to Quarter
Thursday, 15 November 2018 16:46 WIB U.K. retailers made a faltering start to the fourth quarter as sales unexpectedly fell for a second month in October. The volume of goods sold in...
GLOBAL ECONOMY
Trump Says China Will `Reduce and Remove' Car Import Tariffs
Monday, 3 December 2018 12:08 WIB U.S. President Donald Trump said China has agreed to œreduce and remove tariffs on American cars from 40 percent currently. He gave...

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