statistics

Consumer Price Index Inflation in November 2024: Details and Outlook

4 months ago

In November 2024, the Consumer Price Index (CPI) in the United States rose by 0.4% compared to the previous month and by 3.2% year-over-year. This data, provided by the Bureau of Labor Statistics, met economists’ expectations, who forecasted a monthly increase of 0.4% and annual growth of 3.2%. The main factors contributing to this growth were increases in housing, food, and energy prices. This rise is part of the overall inflationary trend observed in the country in recent months.

Peru's Economy Shows High Growth Rates in July

7 months ago

Peru's economy has returned to high growth rates, with a notable increase of 4.6% in July compared to the same period last year. These figures were published by the National Institute of Statistics and Informatics (INEI). The economic growth in July is among the most significant in recent months, indicating a gradual recovery following the economic challenges posed by the COVID-19 pandemic.

Brazil's Economic Activity Sees First Monthly Decline Since March

7 months ago

Brazil has recorded its first monthly decline in economic activity since March 2024, marking an important signal of potential slowing growth in the largest economy in Latin America. Data released by the IBGE statistical agency showed that economic activity in the country fell by 0.3% in August compared to the previous month. This drop came amid expectations that Brazil would continue to recover its economy after a wave of recession.

Questions Arise: China Should Explain Huge Gaps in Data, Says Top Economist

7 months ago

In recent days, significant discrepancies in the data presented by Chinese authorities have caught the attention of economists. A top economist noted that the need to explain these vast statistical gaps is becoming increasingly urgent, given the current economic conditions in the country.

Bankruptcies in Sweden Decline for the First Time in Two Years

7 months ago

Sweden is experiencing a positive trend in the economy as the level of bankruptcies in the country has decreased, marking an unexpected turn of events. According to the latest data released by the Swedish Statistics Agency, the number of bankruptcies in August 2024 dropped by 10% compared to the same month last year. This decline is the first recorded in the past two years, offering hope for the business sector and the economy as a whole.

Employment Data Mishap: U.S. Labor Department Acknowledges Error

7 months ago

The U.S. Labor Department recently acknowledged a technical mishap in the release of its employment data, which has elicited various reactions among economists and analysts. The error occurred during the preparation of August's data, resulting in certain figures regarding job creation and unemployment rates not reflecting reality. This situation has already affected labor markets and may further influence economic policy.

The Stimulus Effect of Locked-in Mortgages: How American Consumers Gained $600 Billion

7 months ago

A recent study revealed that American consumers who managed to lock in low mortgage rates gained an economic benefit of $600 billion. This phenomenon, associated with so-called "locked-in mortgages," has significantly altered the financial circumstances of millions of households across the United States.

Slowdown in New Zealand's Population Growth Amid Economic Weakness

7 months ago

Recent studies have shown that the population growth rate in New Zealand continues to slow, raising concerns among economists and officials. Despite previous forecasts that predicted more stable growth, the latest data indicates that economic weakness is negatively impacting the country's demographic indicators.

UK Statistics Office Staff Escalate Work-from-Home Dispute

8 months ago

Serious issues regarding the publication of economic data in the UK might arise due to a growing conflict concerning remote work among the staff of the Office for National Statistics (ONS). Employees have begun organizing protests against changes in working conditions and the deterioration of their work environment. This situation draws attention as delays in statistics could seriously impact the planning and assessment of the country's financial stability.