*Retail sales in the USA increased by 0.7% in September, against the expectation of a 0.3% increase, and increased by 3.8% on an annual basis. Core retail sales increased by 0.6% on a monthly basis, against the expectation of a 0.2% increase. The positive announcement of the data above expectations shows that the demand-side movement in sales has increased. This situation may have an impact on the increase in inflation.

*In Canada, consumer inflation decreased by -0.1% in September, against the expectation of a 0.1% increase, while the annual increase decreased from 4% to 3.8%. While core inflation decreased by -0.1% on a monthly basis, an increase of 2.8% was recorded on an annual basis. For the first time in a long time, a negative decline was observed in inflation on a monthly basis.

*According to data published by the Center for European Economic Research (ZEW), Germany ZEW Current Conditions Index was announced as -79.9 in October, and Germany ZEW Economic Sentiment was announced as -1.1. In the Eurozone, ZEW Economic Sentiment was announced as 2.3. Following the report, ZEW said, “Rising economic expectations are accompanied by the expectation that inflation rates will decrease further. The assessment of the current economic situation in Germany has remained almost unchanged. There has been a noticeable increase in the economic expectations of financial market experts for October 2023.” Statements were made.

*It was stated that average earnings in the last 3 months of August in England increased by 8.1%.

*Industrial production in the USA increased by 0.3% in September and increased by 0.1% on an annual basis. Manufacturing production increased by 0.4% on a monthly basis and decreased by -0.8% on an annual basis. Although annual data were weaker than monthly data, short-term production data increased above expectations.