Canada Inflation Rises, Wholesale Trade Falls

Washington, Rabi’I 7, 1437, Dec 18, 2015, SPA — Canada’s annual inflation rate rose in November as food prices jumped, while the value of wholesale trade declined in October due to lower sales in the food and motor vehicle and parts sectors, the government said Friday.
Statistics Canada said that annual inflation rose to 1.4 percent, just shy of economists’ forecasts for an increase to 1.5 percent. Core inflation, which strips out volatile items and is closely watched by the Bank of Canada, dropped to 2.0 percent, which also was short of expectations.
Food costs gained 3.4 percent in November from a year earlier, with higher prices for fresh vegetables and meat contributing the most to the rise. A 1.2 percent increase in the cost of shelter also contributed to the increase in inflation.
Overall, prices were up in seven of the eight major components of the consumer price index. The transportation component, which includes gasoline, was the only one to decline. Still, its decrease of 1.1 percent was the smallest annual decline registered since last November.
In a separate report, Statistics Canada said that wholesale trade declined 0.6 percent compared with economists’ expectations for a gain of 0.1 percent, while September was revised down to a drop of 0.3 percent from an initially reported 0.1 percent decrease.
Sales volume for October also decreased 0.6 percent. Excluding motor vehicles, total sales fell 0.3 percent.
Sales in the food, beverage, and tobacco sector tumbled 3.0 percent, the third decrease in four months. Motor vehicle and parts sales fell for the fourth month in a row, with the sector down 2.1 percent.
Wholesale inventories rose 0.5 percent. Gains were seen in three out of seven subsectors, which accounted for 62 percent of total inventories. Inventories and motor vehicles and parts increased 3.3 percent to reach their highest level on record.

–SPA
21:05 LOCAL TIME 18:05 GMT
تغريد

Unemployment Rates Fall in 27 U.S. States

WASHINGTON, Rabi’I 7, 1437, Dec 18, 2015, SPA– Unemployment rates fell in more than half of U.S. states in November, the government said Friday, as employers increased hiring.
The Labor Department reported that jobless rates dropped in 27 states, rose in 11, and were unchanged in 12 states. Employers added jobs in 35 states, while employment fell in 14. Montana’s job total was flat last month.
The widespread improvement suggests employers in most parts of the country are confident enough to hire more. The economy generated a robust 211,000 jobs last month and the U.S. unemployment rate remained 5 percent, a seven-year low.
New Mexico had the country’s highest unemployment rate in November, at 6.8 percent, though it was unchanged from the previous month. West Virginia’s unemployment rate, which had been the highest, dropped to 6.5 percent from 6.9 percent.

–SPA
20:13 LOCAL TIME 17:13 GMT
تغريد

Cobre del Mayo, S.A. de C.V. Announces Exchange Offer and Consent Solicitation

MEXICO CITY, Dec. 18, 2015 / PRNewswire — Cobre del Mayo, S.A. de C.V. (“CDM” or “we”) announced that it has commenced an offer (the “Exchange Offer”) to eligible noteholders described below to exchange any and all of its outstanding approximately $217.2 million aggregate principal amount of 10.75% Senior Notes due 2018 (ISIN: XS0996338322; Common Code: […]

paysafecard تتوسع وتصل إلى المملكة العربية السعودية –

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شركة بليون إليكتريك تحول تايبيه إلى مدينة ذكية بـ412 ضوءاً شارعيامرتبطا بذكاء فيها

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