January 5, 2025 9:34 am
The seasonally adjusted jobless rate in Germany was reported at 6.1% for a third straight month in December, official data showed. It has remained the highest jobless rate in the EU’s largest economy since February 2021. The number of unemployed persons in the country rose by 10,000 to 2.869 million in December. “The winter break […]
Read moreJanuary 4, 2025 8:19 am
Switzerland’s procure.ch and Credit Suisse Manufacturing Purchasing Managers’ Index was reported at a reading of 48.4 in December, down from 48.5 in the preceding month. In comparison, a consensus of estimates had pointed to a reading of 48.3. December has been the 24th consecutive month of contraction in factory activity. There have been declines in […]
Read moreJanuary 3, 2025 9:29 am
Key Takeaways: The euro has fallen to its weakest level against the dollar since 2022, reaching $1.0306, due to concerns about Europe’s economy and expectations of interest rate cuts. The pound has also declined, reaching an eight-month low of $1.2389, amid worries about weak UK growth and potential interest rate cuts. Weak growth, US trade […]
Read moreDecember 31, 2024 1:09 pm
Bank lending in Singapore has increased to SGD 819.4 billion in November from SGD 813.1 billion in October, data by the Monetary Authority of Singapore showed. It has been the highest lending figure since October 2022. Lending to both businesses (SGD 496.6 billion up from SGD 491.7 billion in October) and consumers (SGD 322.7 billion […]
Read moreDecember 30, 2024 12:57 pm
Annual consumer price inflation in Spain has picked up to 2.8% in December from 2.4% in November, a preliminary figure showed on Monday. It has been the highest CPI inflation rate since July, while it exceeded market consensus of 2.6%. The latest figure was a result of base effects, as fuel prices rose compared to […]
Read moreDecember 29, 2024 4:11 pm
Sweden has reported a trade surplus of SEK 7.2 billion in November, which compares with a surplus of SEK 10.4 billion in the same month of 2023. The nation’s total exports shrank 4.4% year-on-year to SEK 181.3 billion in November, data by Statistics Sweden showed. The latter reflected a 2.7% YoY drop in shipments to […]
Read moreDecember 28, 2024 2:30 pm
Producer prices in Singapore have dropped 3% year-on-year in November, the latest data by Statistics Singapore showed. It has been a fourth straight month of decline in domestic supply prices. Still, November’s drop was slower compared to that recorded in October (-5.1% YoY). In November, prices went down at a slower rate for: – mineral […]
Read moreDecember 28, 2024 12:35 pm
Retail sales in Spain have increased 1% year-on-year in November, after a revised down 3.4% surge in October, data by the National Statistics Institute showed. The latest figure pointed to the slowest retail sales growth since June and it also fell short of market consensus of a 2.8% growth. Sales of both food (1.5% YoY […]
Read moreDecember 27, 2024 11:08 am
Retail sales in Norway have increased 0.3% month-on-month in November over October, the latest data by Statistics Norway showed. The rate of growth has been the same as in October. In November, sales rose for: – other goods (2.8% month-on-month compared to a 0.6% rise in October); – food, beverages and tobacco (0.9% month-on-month after […]
Read moreDecember 26, 2024 5:23 pm
The number of persons registered as unemployed in mainland France has risen by 43,500 to 2.935 million people in November, official data showed. This has been the most significant surge since the COVID-19 pandemic-induced increase in April 2020. The latest figure has also marked the highest number of jobless persons in the EU’s second-largest economy […]
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