Japan Industrial Production Data Due On Monday

RTTNews | Před 941 dny
Japan Industrial Production Data Due On Monday

(RTTNews) - Japan will on Monday release preliminary September figures for industrial production, highlighting a busy day for Asia-Pacific economic activity. Production was up 3.4 percent on month and 5.8 percent on year in August.

Japan also will see September data for retail sales, housing starts and Construction orders, plus October numbers for consumer confidence. In August, housing starts were up 4.6 percent on year and construction orders jumped an annual 17.9 percent, while the consumer confidence index score in September was 30.8.

Australia will provide September figures for retail sales and private sector credit, as well as October's inflation forecast from TD Securities and the Melbourne Institute. In August, sales were up 0.6 percent on month, while credit added 0.8 percent on month and 9.3 percent on year. The inflation forecast in September was up 0.5 percent.

South Korea will release September results for industrial production and retail sales. Industrial production is expected to fall 0.3 percent on month and increase 0.9 percent on year after slipping 1.8 percent on month and adding 1.0 percent on year in August. Retail sales were down 1.8 percent on month and up 2.3 percent on year in August.

China will see October results for its manufacturing and non-manufacturing PMIs from the National Bureau of Statistics. In September, the manufacturing index had a score of 50.1 and the non-manufacturing score was 50.6.

Hong Kong will provide an advance estimate for Q3 gross domestic product, with forecasts suggesting an increase of 2.0 percent on quarter and 0.7 percent on year. That follows the 1.0 percent quarterly increase and the 1.3 percent annual contraction in the three months prior.

Thailand will release September numbers for current account, industrial production, private consumption and its coincident index. In August, the current account deficit was $3.5 billion, while industrial production jumped 14.52 percent on year, consumption was flat on month and investment rose 1.9 percent on month. The coincident index score was 129.41.

read more
U.S. Economic Shrinks Slightly Less Than Previously Estimated In Q1

U.S. Economic Shrinks Slightly Less Than Previously Estimated In Q1

A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product edged down by a revised 0.2 percent in the first quarter compared to the previously reported 0.3 percent dip. Economists had expected the modest decrease to be unrevised.
RTTNews | Před 2 h 34 min
U.S. Weekly Jobless Claims Climb More Than Expected To 240,000

U.S. Weekly Jobless Claims Climb More Than Expected To 240,000

First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 240,000, an increase of 14,000 from the previous week's revised level of 226,000. Economists had expected jobless claims to inch up to 230,000.
RTTNews | Před 2 h 36 min
Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product

Hormel Foods Recalls 256K Pounds Of Canned Beef Stew Product

Hormel Foods Corp. is recalling around 256,185 pounds of canned beef stew product that may be contaminated with foreign material, specifically wood, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The Tucker, Georgia-based branded food major's recall involves 20-oz. metal cans containing "Dinty Moore BEEF STEW" with "BEST BY FEB 2028".
RTTNews | Před 3 h 10 min
UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT

UK Vehicle Manufacturing Logs Weakest Start To Year Since 2009: SMMT

UK automotive manufacturing registered its weakest start to a year since 2009, the Society of Motor Manufacturers & Traders, or SMMT, said Thursday. Car and commercial vehicle production decreased 15.8 percent on a yearly basis to 59,203 units in April. Auto production fell to the lowest level for the month since 1952, excluding 2020 when the first Covid lockdown effectively saw manufacturing c
RTTNews | Před 3 h 38 min
Bay Street Looks Set To Start On Firm Note

Bay Street Looks Set To Start On Firm Note

Canadian shares look headed for a firm start on Thursday, with encouraging earnings by Royal Bank of Canada and Canadian Imperial Bank of Commerce, and a U.S. court ruling against U.S. President Donald Trump's sweeping tariff moves set to lift sentiment.
RTTNews | Před 3 h 53 min
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday.
RTTNews | Před 4 h 12 min