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Economics Gazette

Economy and Business news

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October 21, 2019

Archives for October 2017

German inflation

German inflation slows down in October 2017

German inflation slows on an annual basis in October 2017 and remains below the target of the European Central Bank (ECB). The results, in fact, support the regulator’s decision to reduce the incentives, but at a slow pace. The consumer prices in the largest European economy rose by 1.5% on an annual basis, according to

Spanish unemployment

Spanish unemployment fell to 9-year low in Q3 2017

Spanish unemployment fell to 9-year low in Q3 2017, providing good economic news to the government trying to cope with the political crisis in Catalonia. The unemployment fell to 16.4% from 17.2% in the previous three months, according to the Spanish Statistical Institute. This is the lowest level since late 2008 and exceeds the 16.6%

jobless people

US jobless claims increased less than expected last week

US jobless claims increased less than expected last week, suggesting the labor market continued to tighten after recent hurricane-related disruptions. The growth is weak, beating the economists expectations, but also should be considered that it follows the record low level reported last week. The Labor Ministry reported that unemployment claims rose by 10,000, taking seasonal

Global economy

Global economy accelerates, but inflation remains low

The global economy accelerates and probably 2018 will be even better, but the growth will not lead to significant price pressures and will keep inflation low. While several central banks started to tighten their ultra-easy monetary policy, with a few exceptions, inflation is still below their targets and will generally remain so in the coming

Cad to USD

Canadian Central Bank left the key rate unchanged

The Canadian Central Bank left the key rate unchanged. The regulator said it would remain cautious, when considering further steps towards tightening monetary policy, as watches the economic impact of the more expensive Canadian dollar and higher interest rates. The key interest rate remains at 1%, after the previous two meetings (in July and September)

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