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Economic Calendar
Live Economic Calendar Powered by the Forex Trading Portal Forexpros.com
In economic news, the Labor Department said its producer price index jumped by 1.6 percent in February following a 0.8 percent increase in January. Economists had been expecting producer prices to increase by a much more modest 0.7 percent. Housing starts in the U.S. fell by much more than expected in February following an unexpectedly strong jump in January.
According to figures released by the Commerce Department on Wednesday, 479,000 new privately owned houses were started in February, 22.5 percent below the revised January figure of 618,000.
Eurozone inflation breached the European Central Bank (ECB) target for a third straight month in February due to higher energy prices.
Consumer price index (CPI) rose 2.4 percent year-on-year, following a 2.3 percent increase in January, European Union Statistical agency Eurostat said Wednesday, confirming a preliminary report.
In economic news, the Labor Department said its producer price index jumped by 1.6 percent in February following a 0.8 percent increase in January. Economists had been expecting producer prices to increase by a much more modest 0.7 percent.
ReplyDeleteHousing starts in the U.S. fell by much more than expected in February following an unexpectedly strong jump in January.
According to figures released by the Commerce Department on Wednesday, 479,000 new privately owned houses were started in February, 22.5 percent below the revised January figure of 618,000.
Eurozone inflation breached the European Central Bank (ECB) target for a third straight month in February due to higher energy prices.
Consumer price index (CPI) rose 2.4 percent year-on-year, following a 2.3 percent increase in January, European Union Statistical agency Eurostat said Wednesday, confirming a preliminary report.