The economic environment plays a major role in capital markets. In this section you can read about moving stats and data investors from the most important parts of the world once a month
Manufacturers’ prices in the United States rose sharply in August. Prices at the manufacturer level rose by an average of 0.7 percent compared to the previous month, thus slightly higher than experts expected. Throughout the year, manufacturer prices rose 8.3 percent. This is the highest increase since the data series began in November 2010. At key rates, prices rose 0.6 percent compared to the previous month, excluding sharp fluctuations in energy and food prices. Here, too, economists expected a somewhat weaker increase. Lack of manpower and material shortages, logistics and transportation, raw materials and distribution problems in energy and global trade are the reasons for the rise in prices.
Producer prices are an indicator of the growth of inflation because they also affect consumer prices. Monetary policy The US Federal Reserve will play a key role. In the United States, inflation will remain high for some time. Central Bank President Jerome Powell believes high inflation is temporary. Many economists share this view, but some fear that rising wages and salaries in the labor shortage will lead to prolonged inflation.
Supply barriers and labor shortages are also becoming an increasing challenge for Great Britain and could jeopardize the Bank of England’s growth forecast for the third quarter. This is about three percent. GDP rose 0.1 percent in July compared to the previous month. Experts expect a 0.6 percent increase. The service sector stagnated, rising material costs and supply problems slowed the construction sector, while the manufacturing sector struggled to fill vacancies.
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