U.S.


2024-08-16

[News] Strong U.S. Retail Sales and Declining Initial Jobless Claims in July Ease Recession Concerns

The U.S. Census Bureau released retail sales data on August 15. In July, retail sales increased by 2.7% year-over-year, higher than the revised 2% from the previous month. On a month-over-month basis, retail sales rose by 1%, significantly above the revised -0.2% from the previous month and the mark...

2024-08-15

[News] U.S. CPI Slows to 2.9% in July, Marking the Smallest Increase Since March 2021

The U.S. Bureau of Labor Statistics released the CPI data on August 14th, showing a year-over-year increase of 2.9% in July, slightly below the data in the previous month and market expectations of 3.0%. The core CPI, which excludes food and energy, rose by 3.2% year-over-year, down from 3.3% in th...

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