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US inflation eases further in February as energy prices drop, PCE index shows

Inflation in the US showed further signs of easing as the yearly growth of core PCE price index slowed to 4.6% in February, while the headline number increased by 5%.

Fed-preferred PCE price index accelerated in January

Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.

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

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 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%

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.

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.

US payroll growth in Jan beats expectations

US nonfarm payroll increased 353,000 and Unemployment rate as 3.7% in January

US Core CPI rises 3.9% in January

Core CPI: 3.86% YoY (Dec: 3.93%) | 0.39% MoM (0.28%)

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

Economy