Economic Indicators
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Germany's Ifo Index Hits Highest Level Since 2018
By Geoffrey Smith Investing.com -- German business confidence hit its highest level since the end of 2018 in June. as the gradual relaxation of pandemic restrictions supported both current...
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Japan Inflation Gains for the First Time Since March 2020
(Bloomberg) -- Japan’s inflation edged into positive territory for the first time in 14 months as rising commodity costs fed higher gasoline prices at the pump, according to data that comes...
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U.S. Jobless Claims Rose Last Week for First Time Since April
(Bloomberg) -- Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as...
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Australian Unemployment Tumbles to 5.1% in May as Jobs Surge
(Bloomberg) -- Australia’s unemployment rate tumbled in May in response to a burst of hiring, led by full-time positions, underscoring the economy’s ongoing momentum supported by...
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Japan Exports Jump by 50% on Record Gains to the U.S. and Europe
(Bloomberg) -- Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here. Japan’s exports surged by nearly 50% from last year’s dismal...
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China Factory Inflation at Fastest Since 2008 on Commodity Boom
(Bloomberg) -- Surging commodity costs drove China’s factory-gate inflation to its highest level since 2008 in May, further adding to global price pressures. The producer price index climbed...
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South Korea’s Unemployment Rate Unexpectedly Edges Up in May
(Bloomberg) -- South Korea’s unemployment rate rose in May for the first time this year, as more people looked for jobs amid an economic recovery from the pandemic.The unemployment rate...
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Japan’s GDP Shrinks Less Than First Reported Amid Emergency
(Bloomberg) -- Japan’s economy shrank last quarter less than first reported, according to figures that come as yet another round of restrictions to contain the coronavirus threatens to...
