Weekly Roundup Report 19/09/2017
EVENT RECAP: WEEK ENDING 15th SEPTEMBER 2017
North America
Headline inflation grew more than expected for August with 0.4% growth for the month. The acceleration was attributed to a rise in rental prices. Core Retail sales figures also beat expectations with a rise of 0.2% for August.
Asia Pacific
In China, Industrial production figures disappointed; dropping to 6% for August when compared with growth rates in the precious year. Fixed Asset Investments also dropped to 7.8% growth over the year, suggesting a slowdown in the economy.
United Kingdom
U.K. monetary policymakers agreed that stimulus would need to be reduced, commencing "in the coming months," as statements made in the recent Bank of England minutes turned hawkish. Inflation still remains high at 2.9% despite average earnings recording no change in the three months ending July.
Europe
No major events