1037 days ago
Citi's inflation surprise index surged to an all-time high
According to the Fed, there is but only a little inflation to fear. Are they underestimating it ?
1038 days ago
Asia is the continent that smokes the most
The number of smokers reached a new high of 1.1 billion in 2019. However, the share of smokers among the world population has decreased dramatically, but the important population growth still led to many more smokers overall. The smokiest country is China, which represents 28% out of the 127 studied country, which themselves account for 92% of the world's population.
1038 days ago
Core inflation ranged from -0.3% to 4.1% across major economies
Spain saw a slight deflation with -0.3% while Mexico saw the biggest inflation with 4.1%. Switzerland is almost at 0%, while the US sit at 3%.
1038 days ago
The pound climbs to a three year high thanks to vaccine optimism
The British pound climbed to its highest value in three years as traders believe the UK's economy will get back up following a successful rollout of vaccines. This year so far, the Sterling climbed 4.2%, as three quarters of the UK population will be doubled dosed within a month.
1038 days ago
Swiss economy saw contraction in last three months
But now that restaurants are re-opening, this data is somewhat stale. Restaurants and hotels, which saw a contraction in earnings output of 30%, could finally see a resurgence large enough to erase previous declines. Manufacturing on the other hand was already back up 5%, with potentially more momentum to come going forward.
