Archive for November 15th, 2023

New Overnight Developments Abroad - Daily Update

More Favorable Data Reported for the U.S.

November 15, 2023

The U.S. producer price index dropped 0.5% on month (most in 42 months) and recorded a 3-month low of 1.3% when compared to the same month a year earlier. Core producer prices — unchanged versus September and +2.4% year-on-year — was 0.3 percentage points below expectations. U.S. October retail sales contracted by a smaller-than-anticipated 0.1% […] More