China's trade surplus widened to USD 81.71 billion in September 2024 from USD 75.5 billion in the same period a year earlier. Exports grew by 2.4% yoy in September 2024 to USD 303.71 billion, easing from a 17-month high in August of 8.7%. Imports rose by 0.3% yoy in September 2024, slowing from a 0.5% growth in the prior month.

China’s annual inflation rate stood at 0.4% in September 2024, below August’s figure of 0.6%. Monthly, the CPI was unchanged, compared with August’s print of a 0.4% rise. 

China's producer prices declined by 2.8% year-on-year in September 2024, steeper than a 1.8% fall in the previous month. On a monthly basis, producer prices fell by 0.6%, following a 0.7% drop in August. 

Chinese banks extended CNY 1.590 trillion in new yuan loans in September of 2024, above the CNY 900 billion from the previous month. Total social financing rose to CNY 3.760 trillion in the period. The figures translated to an outstanding loan growth of 8.1% on the year, slowing from the 8.5% jump in the previous month. Money Supply M2 increased 6.8% year-on-year to 309479.8 CNY Billion in September 2024, following a 6.3% rise in August.

U.S. producer price index for final demand came in flat in September after rising by 0.2% in August. The annual rate of growth by producer prices slowed to 1.8% in September from an upwardly revised 1.9% in August. Core producer prices crept up by 0.1% in September after rising by 0.2% in August. The annual rate of growth by core producer prices slowed to 3.2% in September from 3.3% in August.

U.S. University of Michigan said its consumer sentiment index fell to 68.9 in October after climbing to 70.1 in September. 

Germany recorded a current account surplus of EUR 14.4 biillion in August 2024, the lowest since May 2023, compared to an upwardly revised EUR 17.7 billion in July.