Inflation Holds Steady in the US as CPI Report is Released
In August 2024, consumer prices in the US rose by 3.7% compared to the same period last year, which aligned with expert expectations. Key factors contributing to this growth included rising housing costs, services, and increased fuel expenses.
Continue readingUS Online Grocery Prices Plunge to Record Lows in August
In August 2024, prices for groceries purchased through online retailers in the United States experienced a significant drop, marking the largest decline ever recorded. This decrease is attributed to various factors, including heightened competition among retailers, market trends, and shifts in consumer preferences.
Continue readingStrong Labor Market: US Employment Report for August 2024
According to the latest employment report released by the US Department of Labor, the economic situation in the country remains stable. In August 2024, the number of jobs in the non-farm sector increased by 300,000, significantly exceeding analysts' expectations. This indicates that the labor market is showing signs of strength amidst economic challenges.
Continue readingStrong US Employment Report for August: Analysis and Implications
Recently, economists and investors have been focused on the US employment report for August, which was released in early September. The data revealed surprising results, indicating an increase in job creation in the country. Specifically, the number of jobs added in August surpassed analysts' expectations, instilling optimism regarding the labor market and the economy as a whole.
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