Canada's annual inflation rate moderated in October from a near three-year high in September but was still higher than expected, scaling back market bets for a central bank interest rate cut.
The Bank of Canada expects the economy to grow next year at its weakest pace since 2009, driven by domestic demand, while exports continue to underperform.
Stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.4 percent at 1007 GMT.
China's annual inflation rate fell sharply in October to 5.5 percent in a further pullback from July's three-year peak, giving Beijing more room to fine tune policy to help an economy feeling the chill of a global slowdown.
China's annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July's three-year peak and Premier Wen Jiabao said prices had fallen further since then.
U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it is completely unclear when the next upheaval will come.
Canada's central bank is particularly vigilant in monitoring the effects of currency moves on inflation in times of great volatility, Bank of Canada Governor Mark Carney said on Wednesday.
China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
The ink is barely dry on European leaders’ plan to resolve the Greek / Europe debt crisis, and attention has already turned to the U.S. Federal Reserve. Is there enough liquidity in the global financial system or will Fed Chairman Ben Bernanke need to deploy more monetary stimulus to grease the wheels of commerce?
The cost of college in the United States rose sharply for the 2011-2012 school year, continuing a multiyear pattern in which public school increases outpaced private school hikes and both eclipsed the average rate of inflation by significant amounts, the College Board reported on Wednesday.
China's consumer inflation is likely to ease below 5 percent by November and December, a senior official at the country's economic planner said in remarks published on Monday, raising hopes Beijing can contain prices that have held near three-year highs.
Canada's annual inflation rate remained above the central bank's traditional comfort zone in September as consumers were hit by higher gasoline and food prices, according to Statistics Canada data on Friday.
Consumer prices outside food and energy rose less than expected in September to post their smallest gain in six months, a government report showed on Wednesday, suggesting inflation pressures remained contained.
The Consumer Price Index (CPI) increased by 0.3 percent in September, according to data released on Wednesday by the U.S. Bureau of Labor Statistics.
Consumer prices outside food and energy rose at their slowest pace in six months in September as the cost of apparel and used vehicles fell, suggesting inflation pressures remained contained.
For the first time since 2009, Social Security benefits will get a cost-of-living adjustment, or COLA, that could be as much as a 3.5 percent increase.
Tanzania's food and energy costs pushed the inflation rate to 16.8 percent year-on-year in September from 14.1 percent in the previous month, and analysts expected consumer prices to continue accelerating at least until the turn of the year.
Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.
India's wholesale price index probably rose 9.70 percent in September from a year earlier, easing slightly from 9.78 percent in August, a Reuters poll showed.Forecasts from 25 economists ranged from 9.2 to 9.9 percent.
Mauritius' year-on-year rate of inflation slowed for a second straight month, with some analysts saying this gave the central bank room to give the economy a boost.
A weakening of the Canadian dollar helped pushed up the Canadian producer price index in August by 0.5 percent, Statistics Canada said on Thursday.
