By the numbers: The global economy this week

Highlights of economic data released last week, from central bank policies to trade and growth trends.

October 14, 2019

Currency

AUSTRALIA: The dollar rose versus other major currencies amid reports that China was open to a partial trade deal with the United States.

Central bank policy
Trade

GERMANY: Exports plunged 3.9% in August.

JAPAN: The trade deficit decreased in August.

U.K.: The trade deficit narrowed in the three months to August.

Growth

CHINA: The Caixin China Composite PMI rose to 51.9 in September from 51.6 in August.

GERMANY: Industrial production grew 0.3% in August.

GERMANY: Factory orders slipped 0.6% in August.

U.K.: Construction output increased by 0.1% in the three months to August.

U.K.: Industrial output fell by 0.4% in the three months to August.

U.K.: Services output increased 0.4% in the three months to August.

U.K.: GDP grew 0.3% in the three months to August.

U.S.: Consumer credit increased 5.25% in August.

U.S.: The Producer Price Index for final demand fell 0.3% in September.

Employment trends

U.S.: Initial jobless claims fell by 10,000 to 210,000 in the week ended October 5, 2019.

Inflation/deflation

GERMANY: Consumer prices jumped 1.2% year over year in September.

U.S.: The CPI remained unchanged in September while core CPI rose 0.1%.

Market sentiment

AUSTRALIA: The NAB Business Confidence Index showed below-average conditions, but the pace of decline slowed in September.

EUROZONE: The Eurozone Sentix Investor Confidence Index declined in October.

U.S.: The NFIB Small Business Optimism Index dipped in September.

U.S.: The University of Michigan’s index of consumer sentiment rose to 96.0 in October from 93.2 in September.