Wednesday, July 16, 2008

Quick Overview

  • U.S. consumer prices rose 1.1% in June and 5.0% YoY, the biggest yearly jump since 1991. Excluding food and energy, prices rose 0.3% in June and 2.4% YoY.

  • U.S. industrial production rose 0.5% in June.

  • YoY consumer prices in the Euro area rose 4.0% in June

  • Canada’s manufacturing sales rose 2.7% in May.

  • U.K. unemployment rate improved to 5.2% from 5.3% last month

  • The U.S. Department of Energy said:
    Supplies of crude oil rose 3.0 million barrels to 296.9 million barrels
    Supplies of gasoline rose 2.4 million barrels
    Suplies of and heating oil rose 1.3 million barrels.
    Refinery use increased from 89.2% to 89.5% of capacity
    Gasoline demand fell 2.1% YoY
    Distillate demand rose 2.5% YoY.

No comments: