US ISM Services Sector Growth Slower in June but Marks 2 Years of Expansion as Easing Energy Costs, Lower Inventories Indicate Stabilizing Supply Chains
–ISM’s Miller: Inflationary Pressures from Fuel Prices Expected to Continue Easing but Prices Index Still Elevated By Max Sato (MaceNews) – U.S. services sector expansion slowed slightly in June after accelerating in May but remained in growth territory for two years in a row, with easing in energy prices and a pullback in inventories pointing […]
Preview: Forecasters See Japan Household Spending Continuing to Pull Back in May Report
Tuesday, July 70830 JST (2330 GMT/1930 EDT Monday, July 6) The Ministry of Internal Affairs and Communications releases May household spending.Mace News median forecasts: -2.3% y/y (range: -2.6% to +0.3%) vs. Apr -0.5%; +1.9% m/m (range: +1.2% to +2.5%) vs. Apr +1.6% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s real average household spending is expected […]