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    by Published on June 29th, 2015 09:18 PM

    Consumer prices in June 2015: expected rise of 0.3% on June 2014

    The inflation rate in Germany as measured by the consumer price index is expected to be +0.3% in June 2015. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.1% on May 2015.

    Year-on-year ...
    by Published on June 25th, 2015 02:22 PM

    Special meeting of the European Council, 23 April 2015 - statement

    1. The situation in the Mediterranean is a tragedy. The European Union will mobilise all efforts at its disposal to prevent further loss of life at sea and to tackle the root causes of the human emergency that we face, in cooperation with the countries of origin and transit. Our immediate priority is to prevent more people from dying at sea.

    2. We have therefore decided to strengthen our presence ...
    by Published on June 24th, 2015 09:08 PM
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    National Income and Product Accounts
    Gross Domestic Product: First Quarter 2015 (Third Estimate)
    Corporate Profits: First Quarter 2015 (Revised Estimate)

    Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.2 percent in the first quarter of 2015, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent.

    The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the decrease in real GDP was 0.7 percent. With the third estimate for the first quarter, exports decreased less than previously estimated, and personal consumption expenditures (PCE) and imports increased more (see "Revisions" on
    by Published on June 23rd, 2015 09:23 PM

    Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders May 2015

    New Orders
    New orders for manufactured durable goods in May decreased $4.1 billion or 1.8 percent to $228.9 billion, the U.S. Census Bureau announced today. This decrease, down three of the last four months, followed a 1.5 percent April decrease. Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders decreased 2.1
    by Published on June 20th, 2015 02:27 PM
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    Consumer Price Index, May 2015

    The Consumer Price Index (CPI) rose 0.9% in the 12 months to May, after increasing 0.8% in April.

    Lower energy prices continued to moderate the year-over-year rise in the CPI. Excluding energy, the CPI increased 2.2% in the 12 months to May, matching the rise in April.

    Chart 1
    The 12-month change in the Consumer Price Index (CPI) and the CPI excluding energy

    The energy index decreased 11.8% in the 12 months to May, following a 13.5% decline in April. The fall in the energy index was led by gasoline prices, which were down 17.4% in May compared with the same month a year ...
    by Published on June 20th, 2015 02:17 PM
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    Retail trade, April 2015

    Following gains in February and March, retail sales edged down 0.1% in April to $42.5 billion. Lower sales at food and beverage stores as well as electronics and appliance stores offset higher sales in most other subsectors.

    Sales were down in 4 of 11 subsectors, representing 43% of retail trade.

    After removing the effects of price changes, retail sales in volume terms were down 0.2%.

    Chart 1
    Retail sales edge down in April

    by Published on June 20th, 2015 01:46 PM
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    The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index was unchanged before seasonal adjustment.

    The gasoline index increased sharply in May, rising 10.4 percent and accounting for most of the seasonally adjusted all items increase. Other energy indexes were mixed, with ...
    by Published on June 20th, 2015 01:36 PM
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    Monetary policy assessment of 18 June 2015
    Swiss National Bank leaves monetary policy unchanged

    The Swiss National Bank (SNB) is leaving the target range for the three-month Libor unchanged at between −1.25% and –0.25%. The interest rate on sight deposits at the SNB remains at –0.75%. Negative interest rates in Switzerland ...

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