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Expected sales for the next three months reached their highest level since January 2020, before the COVID-19 pandemicÂ
IMF projects core U.S. PCE inflation to end 2024 at 2.5 percent, returning to the Fed's 2 percent target by mid-2025Â
Annual inflation in the country is currently at 9 percent, surpassing earlier predictions
Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 230,000 for the week ending on September 7
Currency's significant recovery last month impacted the import price index, which rose 2.6 percent after a 10.8 percent surge in July
Belt and Road Summit to explore the opportunities and potential areas of development as the initiative enters its next golden decade
CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent
Starting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
The index for employment declined from +7 in July to +1 in August
This resurgence is encouraging for Europe’s banks, which heavily depend on mortgage lending for profitsÂ
RBI noted that the reserves have been on an upward trend for some time
Japan's central bank raised its key interest rate to 0.25 percent from 0-0.1 percent in July
This follows a GDP increase of 0.3 percent in both regions during the Q1 2024
August's increase in the country’s reserves was due to currency translation and asset price changes
The FAO lowered its forecast for global cereal production in 2024 by 2.8 million metric tons to 2.851 billion tons
Investors expect two or three more borrowing cost cuts this year, with additional actions in 2025Â
Japan's base wages, or regular pay, rose 2.7 percent, marking the fastest pace of increase in nearly 32 years
Traders are currently closely watching the labor market following four straight monthly increases in unemployment, which sparked fears of a recession
Singapore, with an investment of around $160 billion in the Indian economy, is a leading economic partner for India
The country is grappling with a labor shortage exacerbated by a declining birthrate
South Korea's core inflation, which excludes volatile food and energy items, rose 2.1 percent annually
Capital spending surges 7.4 percent to 11.92 trillion yen in Q2
The chips produced here will serve various industries, including automotive, electric vehicles, consumer electronics
Japan's input price inflation strengthened to a 16-month high as higher raw material prices and exchange rate weakness persisted
