August sees 1.0% rise in German import prices, annual rate at 8.3%
German import prices rose 1.0% month-on-month in August, pushing the annual rate to 8.3%, the highest since December 2022.
German import prices rose 1.0% month-on-month in August, pushing the annual rate to 8.3%, the highest since December 2022.
Germany's retail sales rose 1.3% in August from July, missing the 1.5% forecast, after a steep 3.4% monthly drop.
German import prices rose more than expected in August, with both monthly and annual readings exceeding forecasts.
The dollar heads for its best month since June on hawkish Fed signals, while bitcoin has risen 6.14% in September.
German September CPI is seen accelerating to 3.1% y/y, driven by energy costs. Focus falls on core inflation for signals on the ECB's policy path.
Australia's headline CPI rose to 4% in August, meeting economists' expectations and accelerating from the prior 3.5%.
ANZ's September survey shows NZ business confidence easing to +52, with late responses hit by higher oil prices. Inflation expectations held at 3.25%.
Fed's Williams sees no urgency for an October rate hike, lowering market odds to below 50% from 70% last week.
Federal Reserve officials turned hawkish on Tuesday, but Williams said there is no urgency for another hike after September's increase.
Australia's August CPI is due one day after the RBA's 25bp rate rise, with headline inflation forecast at 4.0% and trimmed mean steady at 3.6%.
New York Fed's John Williams said one more hike is likely this year and sees 'no need for urgency' after September.
July US home prices rose more than expected, with the Case-Shiller 20-city index gaining 2.5% annually and FHFA data showing a 2.6% rise.
Euro area economic sentiment fell to 97.9 in September, missing forecasts, while consumer and selling price expectations rose, signaling persistent inflation…
The RBA raised its cash rate to 4.60%, a 15-year high, and signaled further hikes if inflation does not ease.
Spanish inflation accelerated to 4.9% in September, the highest since February 2023, while core price growth picked up to 3.1%.