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US: Annual Core PCE Price Index Edges Higher

The Personal Consumption Expenditures (PCE) Price Index in September rose 0.2% on a monthly basis, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index increased to 1.4% from 1.3% in August (revised from 1.4%). Additionally, the annual Core PCE Price Index, the …

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Canada Real GDP Grew by 1.2% in August

The economic activity in Canada expanded by 1.2% on a monthly basis in August, the data published by Statistics Canada showed on Friday. This print followed July’s growth of 3.1% (revised from 3%) and beat the market expectation of 0.9%. “This fourth consecutive monthly increase continued to offset the steepest …

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The German Economy Grew More Than Expected in Q3

Germany’s GDP grew by 8.2% during the third quarter of 2020, compared to the previous quarter, amid increased consumption from households, a strong increase in exports and positive activity in manufacturing, according to official data. Experts polled by Reuters had expected growth of 7.3% in Q3. The German economy contracted …

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