Japan’s Core Machinery Orders Fall 0.9% in August, Defying Forecasts of 0.4% Rise (Update)
Japan’s core machinery orders fell 0.9% in August, missing forecasts for a 0.4% rise, as the Cabinet Office signals a slowdown in capital investment momentum.
The US job openings-to-unemployed ratio fell to 0.98 in August, its lowest in over four years, signaling a continued cooling in labor demand as vacancies remain below the number of job seekers.
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[Global Chart]US Job Openings Ratio Falls Further Below ‘1’—Lowest in 4 Years and 4 Months
The US job openings-to-unemployed ratio fell to 0.98 in August, its lowest in over four years, signaling a continued cooling in labor demand as vacancies remain below the number of job seekers.
South Korea’s producer price index fell 0.1% in August, ending a three-month rise, as SK Telecom’s fee cuts drove a sharp drop in telecom service prices; excluding this, PPI would have risen 0.2%.
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Producer Prices Fall in August for First Time in Three Months—Driven by Telecom Fee Cuts
South Korea’s producer price index fell 0.1% in August, ending a three-month rise, as SK Telecom’s fee cuts drove a sharp drop in telecom service prices; excluding this, PPI would have risen 0.2%.
South Korean bank household loans rose by 4.1 trillion won in August, reflecting a lagged impact from increased home transactions in May–June, while corporate lending and deposits also surged, according to Bank of Korea data.
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