Canada’s inflation rate slides to 1.8% amid a disinflationary base effect from last year’s sales tax holiday
Canada's inflation rate eased to 1.8% in February, the lowest since July last year.
The deceleration in headline CPI year-over-year growth rate can mostly be explained by the base effect resulted from the GST/HST holiday last year.
Canada unemployment rate rises back to 6.7% in February amid 83,900 job losses
Canada Labor Market——February 2026
Unemployment Rate: 6.7%;
Total Jobs MoM Change: -83,900;
Full-Time Jobs MoM Change: -108,400;
Part-Time Jobs MoM Change : 24,500
US goods trade deficit hits all-time high in 2025—What does it mean for Q4 GDP?
US trade deficit continues to widen in December after hitting recent year low in October. The total import was USD 70.3 billion higher than export in the last month of 2025, according to the US Census Bureau.
US Trade Deficit Stabilizes as Post-Tariff ‘Front-Loading’ Fades
US trade deficit rebounded to USD 56.8 billion in November after recording a USD 29.2 billion shortfall, the smallest monthly since 2009, in the previous month, the US Census Bureau reported Thursday.
Canada GDP rebound masks lackluster domestic demand
The Canadian economy saw a significant rebound in the third quarter. A 0.65% expansion in the quarter was more than enough to recover the downwardly revised 0.47% contraction in the previous second quarter.
US PPI drops to 2.6% in August— a tale of two service prices
The Producer Price Index for Final Demand (PPI-FD) declined 0.1% MoM in Aug, bring the annual increase down to 2.6% from 3.1% in the previous month.
Canada unemployment rate surges to 7.1% in Aug
The unemployment rate in Canada has risen to 7.1% in August, the highest level since May 2016 outside of the pandemic era, StatCan reported Friday.
Canada GDP shrinks 0.4% in Q2, is it all gloomy?
Canada's GDP contracted by 0.4% (or 1.6% annualized) over the second quarter, amid a 7.5% (26.7% annualized) drop in exports as the impact of US-imposed tariffs started to bite.
Canada retail sales up 1.5% MoM in June, likely followed by 0.8% drop in July
Canada retail sales increased 1.46% month-over-month in June while core retail sales, which exclude gasoline and auto sales, was up 1.95%.
First sighting of Trump II tariff revenue surge
The US government on April 22 received USD 11.7 billion from customer duties in a single day, the first time we can observe a substantial increase in import duties revenue resulted from the new of tariff from the second Trump administration.
US consumers continues to drive strong GDP growth
US GDP increased by more than 2.8% at an annualized rate in Q3, supported by continued acceleration the growth of personal consumption expenditures.
Eurozone economy shows resilience with 0.4% GDP increase in Q3
Eurozone GDP quarterly growth rate sped up to 0.4% in Q3, an upside surprise compared to an expectation of 0.2% increase, countering widespread worries that the currency bloc is sliding into economic stagnation.
US Retail sales up just 0.1%, still beats expectations
Retail sales in the US increased just 0.05% on a monthly basis in August, down from the outsized 1.15% growth in July but still beats market expectation of -0.2%
Canada inflation slows further to 2.5% in July
Inflation in Canada decreased to 2.53% at an annual basis in July according to Statistics Canada's latest report
US CPI down to 2.9% in July as disinflation continues
US headline CPI down to 2.9% in July, lowest since March 2021
UK sees both unemployment rate, wage growth drop in June
Unemployment rate in the UK decreased to 4.2% at the three months to June, against a market expectation of rising from the May reading of 4.4% to 4.5%, the Office for National Statistics reported Tuesday.
US initial jobless claims falls to 233,000, lower than expected
The number of people filed their initial claim for unemployment insurance benefits in the US fell to 233,000 in the week ending August 3.
US PCE inflation drops to 2.5% as disinflationary trend continues
Inflation in the US cooled off further to 2.5% over the year to the end of June, according to the latest reading of US Bureau of Economic Analysis's PCE price index.
US GDP grows at 2.8% in Q2 as consumer spending remains strong
US GDP grew at a 2.8% annualized rate in Q2, supported by acceleration in consumer spending, increase in nonresidential fixed investment as well as an upturn in private inventory investment
UK retail sales drops 1.2% in June due to poor weather, election uncertainty
Monthly growth rate of UK retail sales volume fell 1.2% in June, after a 2.9% increase in the previous month.
Canada inflation drops back to 2.7% in June
Annual inflation rate in Canada eased back to less than 2.7% in June after a upshot in the previous month, according to Statistics Canada's CPI report.
US nonfarm payroll beats expectations in June amid signs of cooling off
US nonfarm payroll increased by 206,000 in June, beating market expectation of 190,000, amid signs that job growth in cooling off as the the Bureau of Labor Statistics revised down the May and April by a combined 111,000 in its report released Friday.
US Job openings increases to 8.1 million in May, JOLT report shows
Job openings increased to 8.14 million in May while the number of hirings in the month was 5.78 million
US PCE price index shows zero monthly inflation in May
US PCE price index showed 0% monthly inflation in May, bolstering market narrative that consumption sentiment has weakened in Q2 and helped easing inflationary pressure in the US economy.
Canada inflation rebounds to 2.9% in May
CPI inflation in Canada rebounded to 2.9% YoY and 0.31% MoM in May 2024
BoE holds rate at 5.25% with ‘some’ officials signal eagerness to cut
Bank of England held its policy interest rate at 5.25% with a 7-2 vote amongst officials at its Monetary Policy Committee.
US CPI shows zero inflation in May
US CPI grew 0% in May as the yearly growth rate dropped to 3.27%; core inflation, which stripped out food and energy prices, rose 0.2% and the yearly rate decreased to 3.42%
US gains 272,000 jobs in May, blows past expectations
US gained 272,000 nonfarm employment in May blew past market expectations of an 185,000 increase. Meanwhile, unemployment rate rose to 4%, which is the highest level since November 2021.
US PCE inflation holds at 2.7% in April as market expected
US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,
US core CPI rises 3.6% as expected
US CPI rose 3.35% in the year to April, as expected by analysts. Meanwhile, core CPI, which strips out prices of food and energy, increased 3.61%, also as market expected.
US April Jobs Report – Unemployment rate rises back to 3.9% as Nonfarm Payroll increase lower than expected
Nonfarm payroll increased 175,000 in April, a significant reduction from 315,000 in March and fell short of the market expectation of 243,000. Meanwhile, US unemployment rebounded to 3.9%
US labor market cools down further with job openings, hires, quits all drop in March
The March US job opening and labor turnover (JOLT) report shows that job opening rate, hire rate and quit rate all dropped marginally in March, showing further cool down in the US labor market.
UK inflation cools to 3.4% amid service inflation slowdown
Core inflation also slowed to 4.5%, compared to a year earlier.
Canada inflation slows further to 2.8%; rent continues to rise
Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January
Canada unemployment rate rises to 5.8% as labor force continues to grow
Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.
Canada inflation drops to 2.9% in January
Canada's headline CPI rose 2.9% in January, hitting Bank of Canada's inflation-control target range of 1% - 3% for the first time since March 2021.
UK retail sales rebounds 3.4% in Jan after dismal Christmas figures
UK retail volume rose 3.4% MoM in January, after it dropped by 3.3% in December
US payroll growth in Jan beats expectations
US nonfarm payroll increased 353,000 and Unemployment rate as 3.7% in January
US gains 339,000 jobs while unemployment rate rises to 3.7%
Employers in the US added 339,000 jobs in May, but at the same time 440,000 more people reported they were unemployed
Eurozone inflation drops to 6.1% in May, lower than expected
Annual consumer prices in the Eurozone rose by 6.1% YoY in May, down from 7% in April.
UK house prices continue to fall in May, Nationwide reports
UK average property prices were 3.4% lower compared to the previous year, accelerating the annual fall of 2.7% in April.
UK CPI inflation eases to 8.7% but food inflation still close to 20%
The headline CPI figure slowed down to 8.7% in April, from 10.1% in March, while core inflation accelerated to 6.8%, from 6.2%
US PCE inflation slows further in March with looming recession concern
US PCE price index decelerated further in March with the year over year rate dropped to merely 4.2%, down from 5.1% in February.
UK inflation remains above 10% as food prices continues rapid rise
The UK CPI rose 10.1% in the year to March, still remain in double digits even though analysts expected the annual rate to fall to 9.8%
US CPI decelerates further in March to close 2 year low
Consumer price index grew for March 5% over the past year, reaching the lowest level since May 2021. Nonetheless, Core CPI recorded a 5.6% increase, up from 5.5% in February.
Resilient US job market continues easing trend
Non-farm payroll booked an increase of 236,000 in March, a further deceleration from February's 326,000, which was revised upward from the preliminary figure of 311,000, according to the Bureau of Labor Statistics' establishment survey.
