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The unemployment record in Australia came in at a seasonally adjusted 5.6 percent in August, the Australian Bureau of Statistics said on Thursday.

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Advanced economies should intensify monetary, fiscal and structural efforts to boost growth in order to avoid adding strength to protectionist calls, the International Monetary Fund said Tuesday, as it trimmed their growth forecasts.

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A day before the release of the closely watched monthly employment report, the Labor Department released a report on Thursday showing an unexpected drop in first-time claims for U.S. unemployment benefits in the week ended October 1st. The report said initial jobless claims fell to 249,000, a decrease of 5,000 from the previous week's unrevised level of 254,000.

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With an increase in private sector employment partly offset by a drop in government jobs, the Labor Department released a report on Friday showing that employment in the U.S. rose by less than expected in the month of September.

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After reporting a modest drop in U.S. retail sales in the previous month, the Commerce Department released a report on Friday showing that sales rebounded in line with economist estimates in the month of September. The Commerce Department said retail sales climbed by 0.6 percent in September after edging down by a revised 0.2 percent in August.

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Australia's inflation is forecast to gradually pick up over the next couple of years, although it is still likely to be closer to 2 percent than 3 percent by the end of this year, Reserve Bank of Australia's new Governor Philip Lowe said Tuesday.

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The unemployment rate in Australia came in at a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday.

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Consumer prices in Australia were up 1.3 percent on year in the third quarter of 2016, the Australian Bureau of Statistics said on Wednesday.



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Final demand producer prices in Australia were up 0.3 percent on quarter in the third quarter of 2015, the Australian Bureau of Statistics said on Friday - following the 0.1 percent gain in Q2.

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Donald Trump winning the U.S. presidential election is a major event, but it is too early to say if that would affect the policy decision in December, European Central Bank Executive Board member Benoit Coeure said.

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