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 19, 2020

Currency

U.K.: The pound rose versus other major currencies amid hopes of further Brexit trade talks.

Central bank policy
Trade

CHINA: Imports and exports surged in September.

EUROZONE: The euro area posted a trade surplus in August.

U.S.: Import prices rose 0.3% and export prices increased 0.6% in September.

Growth

CANADA: Manufacturing sales dropped 2.0% in August.

EUROZONE: Euro area industrial production rose 0.7% in August compared with July.

GERMANY: Wholesale prices fell 1.8% year over year in September.

JAPAN: Industrial production grew 1.0% in August.

U.S.: The Producer Price Index for final demand increased 0.4% in September.

U.S.: Retail sales increased 1.9% in September.

Employment trends

AUSTRALIA: The unemployment rate increased to 6.9% in September from 6.8% in August.

U.S.: Initial jobless claims reached 898,000 in the week ended October 10, 2020.

Inflation/deflation

EUROZONE: Annual inflation fell to -0.3% in September from -0.2% in August.

GERMANY: The inflation rate was -0.2% year over year in September.

U.S.: The CPI and core CPI both rose 0.2% in September.