Latest News for: Economist index

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Vaccines Are Helping The Economy Return To Normal. Supply Chain Problems Are Holding It Back

CBS Sports 22 Oct 2021
Business sentiment was the biggest negative weight on the index this week, likely the result of ongoing supply chain issues as well as continued hiring struggles,” said Dante DeAntonio, senior economist at Moody’s Analytics ... Louisiana, still recovering from the impact of Hurricane Ida, is 89% back to normal, the index shows.
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U.S. business activity accelerates in October, shortages hamper factories - IHS Markit survey

Reuters 22 Oct 2021
Composite PMI Output Index, which tracks the manufacturing and services sectors, rebounded to a reading of 57.3 in the first half of this month from 55.0 in September ... Economists had forecast the index for the sector, which accounts for 12% of the economy, dipping to 60.3.
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U.S. business activity accelerates in October, shortages hamper factories – IHS Markit survey

Metro USA 22 Oct 2021
Composite PMI Output Index, which tracks the manufacturing and services sectors, rebounded to a reading of 57.3 in the first half of this month from 55.0 in September ... Economists had forecast the index for the sector, which accounts for 12% of the economy, dipping to 60.3.
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GBP/USD forecast as BOE chief economist issues warning on inflation

Invezz 22 Oct 2021
The GBP/USD price is hovering near the highest level since mid-September after the Bank of England (BOE) chief economist issued a major warning on inflation ... However, there are expectations that the country’s consumer price index will keep rising as the energy crisis continues.
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Service sector and exports give economy renewed boost

The Times/The Sunday Times 22 Oct 2021
... rate rise next month, IHS Markit’s flash composite purchasing managers’ index hit 56.8 this month ... The index defied economists’ forecasts of a slowdown to 54.
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USD/JPY forecast as Japan inflation remains stubbornly low

Invezz 22 Oct 2021
The USD/JPY price held steady at a multi-year high after the latest Japan consumer price index (CPI) data ... Japan inflation data ... For example, in a statement, the Bank of England (BOE) Chief Economist warned that the country’s inflation could rise to 5.0%. Similarly, the US consumer price index rose to 5.4% in September ... USD/JPY forecast ... ....
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Japan’s consumer inflation turns positive as energy costs rise

Metro USA 22 Oct 2021
Looking through artificial distortions and one-off hits, we expect underlying inflation to peak just shy of +1.0% early next year before falling back,” said Tom Learmouth, an economist at Capital Economics. The core consumer price index (CPI), which excludes volatile ...
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Japan consumer prices rise for first time in 18 months on energy, material costs

Straits Times 22 Oct 2021
"Looking through artificial distortions and one-off hits, we expect underlying inflation to peak just shy of +1.0 per cent early next year before falling back," said Tom Learmouth, an economist at Capital Economics. The core consumer price index (CPI), which excludes volatile ...
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France private sector growth at 6-month low

Marietta Daily Journal 22 Oct 2021
Paris — France's private sector grew at the slowest pace in six months in October, flash survey results from IHS Markit showed on Friday. The composite output index fell to 54.7 in October, as economists' expected, from 55.3 in September ... .
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Soaring prices dampen consumer mood in festival season

The Times of India 21 Oct 2021
Pump prices of petrol and diesel are up nearly 35% from a year ago and cooking gas by more than 50%, severely hitting more than three-quarters of households, economists said ... In September the consumer price index eased to 4.35%, helped by a softening of food prices which make up nearly half of the index.
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Soaring prices dampen consumer mood in India’s festival season

Metro USA 21 Oct 2021
Pump prices of petrol and diesel are up nearly 35% from a year ago and cooking gas by more than 50%, severely hitting more than three-quarters of households, economists said ... In September the consumer price index eased to 4.35%, helped by a softening of food prices which make up nearly half of the index.
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Soaring prices dampen consumer mood in India's festival season

Reuters 21 Oct 2021
Pump prices of petrol and diesel are up nearly 35% from a year ago and cooking gas by more than 50%, severely hitting more than three-quarters of households, economists said ... In September the consumer price index eased to 4.35%, helped by a softening of food prices which make up nearly half of the index.
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Crypto miners struggle to cut carbon emissions

Live Mint 21 Oct 2021
Bitcoin mining has earned a bad reputation for guzzling cheap electricity in the pursuit of profit ... Natali said ... “If you are mining crypto, you care about the cost of electricity and you don’t have the luxury to care about the climate so much," said Alex de Vries, an economist who created the Bitcoin Energy Consumption Index ... de Vries said ... The U.S ... .
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SA needs to expand agricultural production to boost food security and job creation, says Agbiz

Independent online (SA) 20 Oct 2021
This comes after The Economist released its Corteva-sponsored Global Food Security Index results for 2021 placed South Africa at 70th position out of 113 countries, down from 69th in last year and 44th in 2019. Agbiz chief economist Wandile Sihlobo said at face value this decline might seem worrying.
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