Statistical Notes Friday October 28
-Quarterly GDP growth increased in the U.S. to 0.6% (or 2.5% at an annualized rate) in the third quarter according to preliminary estimates. However, September real disposable income declined for a third straight month, causing the savings rate to drop to 3.6%-the lowest since December 2007.
-Consumer price inflation in Australia fell to 3.5% in the third quarter, from 3.5% in the second.
-Employment in Spain fell by 2.1% in the year to the second quarter, increasing its unemployment rate to 21.5%. In the province of Andalucia, the unemployment rate is as high as 30.9%.
-Retail sales fell in Sweden in September by 0.6% compared to a year earlier, while its trade surplus rose.
-Real retail sales in September rose in Latvia by 0.9% compared to the previous month and 8.1% compared to September 2010.
-Employment in Japan fell by 0.5% in the year to September but since the labor force shrank, the unemployment rate fell to 4.1%, Note that this excludes the area around the Fukushima reactor. If that had been included employment would have fallen even more and unemployment would have been higher.
-Consumer price inflation in Australia fell to 3.5% in the third quarter, from 3.5% in the second.
-Employment in Spain fell by 2.1% in the year to the second quarter, increasing its unemployment rate to 21.5%. In the province of Andalucia, the unemployment rate is as high as 30.9%.
-Retail sales fell in Sweden in September by 0.6% compared to a year earlier, while its trade surplus rose.
-Real retail sales in September rose in Latvia by 0.9% compared to the previous month and 8.1% compared to September 2010.
-Employment in Japan fell by 0.5% in the year to September but since the labor force shrank, the unemployment rate fell to 4.1%, Note that this excludes the area around the Fukushima reactor. If that had been included employment would have fallen even more and unemployment would have been higher.
posted by stefankarlsson at 3:16 PM
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