Redbook YoY

5.7%

The Johnson Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. Same-store sales are sales in stores continuously open for 12 months or longer. By dollar value, the Index represents over 80% of the equivalent 'official' retail sales series collected and published by the US Department of Commerce. Redbook compiles the Index by collecting and interpreting performance estimates from retailers. The Index and its sub-groups are sales-weighted aggregates of these estimates. Weeks are retail weeks (Sunday to Saturday), and equally weighted within the month.

Inflation Rate MoM

0.1%

Inflation Rate MoM measures month over month change in the price of goods and services.

Inflation Rate YoY

1.9%

In Canada, the most important categories in the CPI basket are Shelter (30 percent of the total weight) and Transportation (17 percent). Food accounts for 16 percent; Household Operations, Furnishings and Equipment for 15 percent; Recreation, Education and Reading for 9 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for 5 percent and Clothing and Footwear for the remaining 4 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2002.

Core Inflation Rate YoY

2.7%

In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes eight of the most volatile components identified by the Bank of Canada including: fruit, fruit preparations and nuts; vegetables and vegetable preparations; mortgage interest cost; natural gas; fuel oil and other fuels; gasoline; inter-city transportation; and tobacco products and smokers' supplies. It also excludes the effect of changes in indirect taxes.

Core Inflation Rate MoM

0.1%

CPI Median YoY

3%

CPI median is a measure of core inflation corresponding to the price change located at the 50th percentile (in terms of the CPI basket weights) of the distribution of price changes in a given month. This measure helps filter out extreme price movements specific to certain components. This approach is similar to CPI-trim as it eliminates all the weighted monthly price variations at both the bottom and top of the distribution of price changes in any given month, except the price change for the component that is the midpoint of that distribution.

CPI Trimmed-Mean YoY

3%

CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.

Housing Starts MoM

5.9%

Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.

Building Permits MoM Prel

-0.1%

Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

Building Permits Prel

1393000

Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.

Housing Starts

1358000

Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.

Current Account

-347600000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Construction Output YoY

-0.9%

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.

5-Year Bobl Auction

2.28%

Index-linked Treasury Gilt 2035 Auction

1.588%

Unemployment Rate

3.5%

In Hong Kong, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Current Account s.a

31800000000

Current Account

40000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

MAS 4-Week Bill Auction

1.72%

MAS 12-Week Bill Auction

1.68%

RBA Connolly Speech

In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.

52-Week Bill Auction

0.6164%

20-Year JGB Auction

2.482%

1-Year Bill Auction

3.1347%

6-Month Bill Auction

3.0542%

3-Month Bill Auction

3.1025%

Westpac Consumer Confidence Change

0.6%

The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists.

Westpac Consumer Confidence Index

93.1

The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists.

PPI Output QoQ

2.1%

In New Zealand, the PPI output indexes measure changes in the prices received by businesses for the goods and services they produce. The prices used to calculate the output indexes are conceptually those prices received by the producer for the good or service. The output indexes cover: sales of primary products; sales of manufactured goods; revenue from renting and leasing; provision of services; capital work undertaken by the producer’s own employees; margins on goods purchased for resale.

PPI Input QoQ

2.9%

In New Zealand, the PPI input indexes measure price changes in the current costs of production within the economy. The definition of current costs of production is consistent with intermediate consumption. The input indexes cover: purchase of materials; fuels and electricity; transport and communication; commission and contract services; rent and lease of land, buildings, vehicles, and machinery; business services; insurance premiums less claims; financial intermediation services.

3-Month Bill Auction

1.93%

6-Month Bill Auction

1.94%