Inflation
Japan’s corporate services inflation accelerates to 3.6% in July
Corporate services price index rose above forecasts, signaling persistent inflation pressures as firms pass on costs. Bank of Japan rate hike bets intensify.
Japan's corporate services inflation hits 3.6% in July, fastest since 2023
Service-sector producer prices rose 3.6% year-over-year, up from 3.4% in June, as firms pass on rising costs amid a tight labor market and weak yen. Bank of Japan seen hiking rates in September.
Brazil unemployment rate falls to 5.3% as wage mass hits record
Jobless rate drops to lowest level since 2012, but robust wage growth keeps central bank policy cautious ahead of September rate decision.
UK inflation expectations rise to 3.9% in August, survey shows
Public expectations for price growth over the next year and longer term increased after months of decline, complicating the Bank of England’s inflation outlook.
Brazil's IPCA-15 inflation slows further but services pressure keeps Copom cautious
August's IPCA-15 fell 0.40% on the month, exceeding expectations, while core services inflation accelerated. Policy makers face a delicate balance ahead of the September 16 meeting.
Brazil posts record July tax revenue as economic activity strengthens
Federal tax intake hit R$289.3bn, up 9.0% in real terms from a year earlier, as corporate and investment-related levies surged. Year-to-date receipts rose 7.0% to R$1.88tn.
Brazil’s IPCA-15 seen at -0.31% in August on Itaipu bonus
Deflation forecast driven by temporary electricity discount; 12-month inflation slows to 4.34% as regulated prices fall. IPCA-15 release slated for Aug. 26.
Brazil's July federal tax revenue rises 8.97% in real terms, hits record
Federal tax collection reached R$289.3 billion, a record for July, driven by oil-related gains and broader economic activity. Adjusted growth excluding one-off oil taxes stood at 6.44%.
U.S. July PCE inflation data meets expectations, Fed rate path in focus
Core PCE rose 0.2% month-on-month and 3.3% year-on-year in July, aligning with forecasts as markets await Fed commentary. Analysts see steady rates in September, with December hike odds rising.
Italy extends diesel tax cut through early September
Cabinet approves €130 million revenue loss to sustain €17 per liter duty reduction until September 5. Government signals potential targeted aid for lower-income households after expiry.
U.S. mortgage rates steady near 6.66% as housing market cools
30-year fixed mortgage averages 6.66% for the week ended Aug. 27, unchanged from the prior week, while 15-year rates rise to 5.98%. Freddie Mac chief economist cites resilient economy and improving supply.
U.S. consumer confidence falls for second straight month in August
Conference Board index drops to 89.4 from downwardly revised 90.2 in July, as persistent inflation and elevated energy costs weigh on sentiment.
U.S. mortgage delinquencies fall in July, foreclosures rise
National delinquency rate drops to 3.39% as serious delinquencies and foreclosure starts increase year-over-year. Louisiana reports highest non-current rate, Idaho the lowest.
U.S. core PCE inflation holds at 3.3% in July, matching forecasts
Analysts see sticky services inflation as a key risk, with Fed policy focus shifting to Jackson Hole and September FOMC meeting. Consumer spending growth adjusted for inflation flat.
German consumer sentiment improves for fourth straight month in August
Index rises to -26.6 in September from -29.4 in August, outpacing analyst forecasts as economic and income expectations rebound.
Smaller Revision Points to More Accurate Jobs Numbers
The Bureau of Labor Statistics' 2026 revisions adjust total workforce figures by 0.1 percent.
Brazilian DI rates hold steady as IPCA-15 inflation cools but services accelerate
Short-term DI contracts remain flat near prior session levels, while long-end rates ease modestly. Inflation data shows mixed signals with services inflation still running hot despite headline IPCA-15 easing.
US consumer spending rises 0.2% in July despite sticky inflation
Personal consumption increased more than forecast as inflation pressures persist. PCE inflation held at 3.7% in July, underscoring the Fed's challenge ahead of Jackson Hole.
Brazil’s inflation cools with first monthly drop in a year, IPCA-15 at 4.24% y/y
Consumer prices fell 0.40% on the month, the first decline since August 2025, while annual inflation eased to 4.24%. Central bank’s next policy meeting set for Sept. 15–16.
US inflation holds at 3.7% in July; Q2 GDP growth confirmed at 1.5%
Sticky price pressures persist as the Fed's preferred inflation gauge remains above target for 65 straight months. Second-quarter GDP growth was left unchanged in a government revision.
Brazil inflation falls to 4.24% in early August, within target band
Consumer prices declined 0.4% month-on-month, undershooting forecasts as the central bank's fourth straight Selic cut takes effect ahead of September policy meeting.
France's August inflation accelerates to 2.7% year-on-year
Harmonized consumer prices rose from 2.4% in July, driven by higher energy costs, according to preliminary data from France's statistics agency.
U.S. personal income rises 0.4% in July, outpacing forecasts
Private consumption and PCE inflation both exceed expectations as U.S. economic data signals resilient spending and sticky price pressures.
U.S. core PCE inflation rises 0.2% in August, matching forecasts
The Federal Reserve's preferred inflation gauge rose in line with expectations, signaling steady but contained price pressures. The dollar held gains after the data.
