By the numbers: The global economy this week

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

September 18, 2023


U.S.: The dollar rose versus other major currencies as data showed inflation moved higher.

Central bank policy
Employment trends

U.K.: The unemployment rate increased to 4.3% in the three months to July from 3.8% in the previous quarter.

U.S.: Initial jobless claims rose by 3,000 to 220,000 in the week ended September 9, 2023, the Department of Labor reported.


CANADA: Wholesale sales increased 0.2% in July.

EUROZONE: Industrial production fell 1.1% in July compared with June.

GERMANY: Wholesale prices increased 0.2% in August compared with July.

U.K.: Construction output is estimated to have declined by 0.5% in July.

U.K.: GDP is estimated to have fallen 0.5% in July.

U.K.: Monthly services output is projected to have dropped 0.5% in July.

U.K.: Industrial production output is estimated to have fallen 0.7% in July.

U.S.: The Producer Price Index for final demand increased 0.7% in August.

U.S.: Retail sales increased 0.6% in August.


U.K.: The trade deficit widened in the three months to July.


AUSTRALIA: Consumer inflation expectations fell to 4.6% in September from 4.9% in August.

U.S.: Consumer inflation expectations increased to 3.6% in August form 3.5% in July.

U.S.: The CPI rose 0.6% and core CPI increased 0.3% in August.