UK house prices, as measured by Rightmove, declined by 1.3% month-over-month in August 2025, slightly more than the previous month's 1.2% drop. On a year-over-year basis, prices showed a modest increase of 0.3%, up from 0.1% previously. In Singapore, non-oil exports fell by 4.6% year-over-year in July 2025, a sharper decline than the expected 1.8% decrease and a reversal from the 13.0% growth recorded in the prior period. Month-over-month, Singapore's non-oil exports dropped by 6.0%. The decline was notably driven by a 42.7% plunge in shipments to the United States. Meanwhile, in the United States, nominal retail sales grew by 3.9% year-over-year in July 2025, consistent with the longer-term average. Industrial production also accelerated, with a year-over-year growth rate of 1.43% in July, supported by a strengthening manufacturing sector that recorded a 1.44% increase, the strongest since October 2022.
Manufacturing component of industrial production saw its year/year change strengthen to +1.44% in July … strongest since October 2022 https://t.co/BFVrOFWI1I
In year/year terms, industrial production reaccelerated in July with growth rate rising to +1.43% https://t.co/S5YWDXfArO
In year/year terms, nominal retail sales grew by 3.9% in July … right in line with longer-term average https://t.co/Kn2z5EttdW