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Japan's corporate goods price index to -3.9%

Japan

Japan's corporate goods price index climbed from -4.2% to -3.9% and missed the economists' and the analysts' predictions for appreciation to -4.0%.

The Japanese core machinery orders rose from -1.4% to 8.3%. The analysts predicted that the indicator would escalate to 3.1%.

Japan's tertiary index to 0.8%

The nation's tertiary index rose from -0.7% to 0.8%. The economists estimated the rate to climb 0.3%.

Australia

Australia's home loans rose from -1.0% to 1.2%. The analysts predicted that the indicator would appreciate 2.4%.

Glenn Stevens, the Reserve Bank of Australia Governor, highlighted that lack of fiscal stimulus and lower interest rates could influence negatively economic growth.

United States

The productivity in the U.S. performed its third consecutive quarter declination, as the wage growth resumes sluggish, amid the corporate profits heading lower.

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Wednesday, 10 Aug, 2016 / 6:58

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-corporate-goods-price-index-to--3.9

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