Sri Lanka’s Trade Deficit Narrows as Balance of Trade Improves

The Sri Lankan economy is experiencing a notable shift, as revealed by the latest Balance of Trade data for February 2025. The deficit has decreased from -822.7 million to -732.7 million, outperforming the forecasted -900 million. This improvement, although with a low impact, signals key implications for both the local

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Resilient Uptick: Chicago PMI Strengthens with a Noteworthy Gain

Introduction In a surprising turn of events, the United States Chicago Purchasing Managers’ Index (PMI) for February 2025 has shown a commendable rise, setting a hopeful tone for economic observers both domestically and abroad. The latest data indicates a reading of 45.5, significantly up from January’s 39.5 and exceeding expectations,

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U.S. Retail Inventories Surge: A Boon for Supply Chains Globally

The latest data on U.S. Retail Inventories Excluding Autos reveals a substantial month-on-month increase, climbing by 0.4% in February 2025. This unexpected rise surpasses both the previous month’s -0.1% and market forecasts set at 0.1%. This change represents a 500% acceleration, capturing attention from economic analysts and retail investors worldwide.

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US Core PCE Price Index Decline Signals Economic Shifts: Global Implications and Investment Opportunities

Introduction In an unexpected but welcome economic development, the United States Core Personal Consumption Expenditures (PCE) Price Index Year-over-Year (YoY) reported a significant reduction, dropping to 2.6% from a previous 2.9%. Released on February 28, 2025, this figure matches the forecast and highlights a promising deceleration in inflationary trends impacting

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Canada’s GDP Surpasses Expectations: A Bump in Economic Confidence

Canada’s Economic Resilience: A Breakthrough GDP Growth On February 28, 2025, the Canadian Gross Domestic Product (GDP) Month-over-Month data was released, indicating a significant rise of 0.3%, surpassing the previous month’s 0.2% and the projected forecast of 0.1%. This 50% increase from the forecast has resulted in a medium economic

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