NEWS AFFAIRS 7 : WHERE EVERY STORY HAS IT'S AFFAIR!
Last updated on August 29th, 2024 at 09:59 am
OPEC: Cut its 2024 oil demand forecast due to weaker demand in China.
US Inflation: Fell to 2.9% in July, the lowest since March 2021.
US Producer Prices: Rose by 2.2% year-on-year in July, down from June.
US Jobless Claims: Increased to 2,069 last week; unemployment claims fell to 227,000.
US Government Deficit: Hit $1.5 trillion in the first 10 months of 2024.
UK Economy: GDP grew 0.6% in Q2, matching expectations.
UK Inflation: Rose to 2.2% in July; core inflation fell to 3.3%.
UK Unemployment: Dropped to 4.2%; wage growth slowed to 5.4%.
Euro Area Industrial Production: Decreased by 3.9% year-on-year in June.
New Zealand: Cut its interest rate to 5.25%.
Japan Economy: Grew 3.1% annualised in Q2.
Japan Producer Prices: Rose by 3.0% year-on-year in July.
China Retail Sales: Increased by 2.7% in July.
China Industrial Production: Grew by 5.1% in July.
Disclaimer: This information is for educational purposes only and not investment advice. Always consult with a financial advisor before making any investment decisions.
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