Economic Statistics

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 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.

UK retail volume rose 3.4% MoM in January, after it dropped by 3.3% in December

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.

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%.

Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January

Annual consumer prices in the Eurozone rose by 6.1% YoY in May, down from 7% in April.

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.

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

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.