Category: Components

Australia’s Q3 CPI Cools, but Sticky High Components May Keep RBA Hawkish

October 29, 2024

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Investor Empires

Data from the Australian Bureau of Statistics (ABS) showed consumer price increases slowing from 1.0% to 0.2% in the third quarter of 2024 versus market expectations for a reading of 0.3%. On an annual basis, The CPI for the third quarter fell from 3.8% to 2.8%, above the middle of…
India to probe fire at Tata plant making components for Apple iPhones By Reuters

September 29, 2024

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Investor Empires

Written by Haripriya Suresh and Praveen Paramasivam BENGALURU (Reuters) – Indian authorities are set to launch a criminal investigation into the cause of a fire that broke out on Saturday at a Tata Electronics factory that makes components for Apple Inc’s iPhones, an official in the Indian state of Tamil…
Australia’s Jobless Rate Rose to a Two-And-A-Half-Year High, but Other Components Showed Underlying Strength

August 14, 2024

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Investor Empires

Australian Bureau of Statistics data showed that Australia’s seasonally adjusted unemployment rate rose from 4.1% to 4.2% in July. This is the highest level since February 2022! However, the components of the report actually point to a stronger labor market during the month: 58.2K net jobs added (vs. 20.2K expected)…