1 min read
EconomyEvent / data period:
Australian household spending was flat in August
Spending was up 6.8% year on year as higher transport offset a decline in recreation and culture.
Source: Australian Bureau of Statistics
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Global business and economy news — Page 119
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EconomyEvent / data period:
Australia’s unemployment rate rises to 4.6% in August
Employment increased by 39,500 while unemployment rose by 28,200; participation reached 67.1%.
Source: Australian Bureau of Statistics
1 min read
EconomyEvent / data period:
Canada’s consumer inflation was 3.0% annually in August
The CPI rose 3.0% year over year and fell 0.1% monthly. The CPI excluding gasoline increased 2.4% annually.
Source: Statistics Canada
1 min read
EconomyEvent / data period:
Canadian employment fell by 42,000 in August
Employment declined 0.2%; the unemployment rate held at 6.4%. The employment rate slipped to 60.8%.
Source: Statistics Canada
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FinanceEvent / data period:
Euro-area M3 growth rises to 3.5% in August
Household loans grew 3.1% year on year, while corporate loan growth eased to 4.2%.
Source: European Central Bank
1 min read
EconomyEvent / data period:
U.S. consumer prices rose 0.4% in August
The CPI-U increased 0.4% monthly and 3.4% over 12 months.
Source: U.S. Bureau of Labor Statistics
1 min read
EconomyEvent / data period:
U.S. housing starts ran at a 1.275 million annual rate in August
Privately owned starts were at a 1.275 million seasonally adjusted annual rate; permits and completions also fell.
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development
1 min read
EconomyEvent / data period:
U.S. import prices rose 0.7% in August
Import prices rose 0.7% and export prices 0.6% monthly; annual increases were 7.0% and 8.6%.
Source: U.S. Bureau of Labor Statistics
1 min read
EconomyEvent / data period:
U.S. final-demand producer prices rose 0.4% in August
The final-demand PPI rose 0.4% monthly and 5.4% over 12 months.
Source: U.S. Bureau of Labor Statistics
1 min read
EconomyEvent / data period:
AfDB says Madagascar needs $7.27bn a year for development by 2030
The Bank’s 2026 country report projects growth at 3% in 2026 before a recovery to 4.5% in 2027.
Source: African Development Bank Group
1 min read
EconomyEvent / data period:
Canadian building permit values fell 17.3% in July
The total value dropped C$2.6 billion to C$12.2 billion, mainly on lower non-residential permits.
Source: Statistics Canada
1 min read
EconomyEvent / data period:
U.S. goods and services trade deficit widened to $88.6 billion in July
Exports fell 2.1% and imports rose 2.8%; the deficit grew from June’s revised $71.2 billion.
Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau
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