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.
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.
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 labor market cools down further with job openings, hires, quits all drop in...
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.
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 CPI inflation rebounds in Dec to 3.4%
Core CPI inflation continues to decelerate to 3.93%
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
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.
Economist Interviews
EconReporter
