Category: WorldWide
U.S. Initial Jobless Claims Rose to Highest Since Mid-November
Applications for U.S. state unemployment insurance rose unexpectedly for a second consecutive week to the highest in two months, suggesting that the [...]
Smaller Gain in U.S. PPI Hints of Cooler Inflation
Prices paid to U.S. producers rose in December by less than expected as two key drivers of inflation in 2021 -- food and energy -- declined from a mon [...]
UK diners slump after Omicron hit, staff absences hit record
British restaurant reservations slumped last week when a wave of COVID-19 cases was near its peak, while COVID-related staff absences hit a record hig [...]
UK manufacturers positive about 2022 despite Brexit and inflation
British manufacturers are optimistic that business conditions and productivity will improve this year despite most saying they have been hurt by Brexi [...]
Euro zone inflation hits 5%, marking another record high
Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently un [...]
UK new car sales 29% below pre-pandemic level in 2021 – SMMT
New car registrations in Britain last year grew slightly from 2020 but were still far below pre-pandemic levels, reflecting a shortage of semiconducto [...]
Omicron hits UK companies’ plans for sales and jobs: BoE survey
The emergence of the Omicron variant of coronavirus hit British businesses' expectations for sales, jobs and investment last month, a Bank of England [...]
UK consumer spending falls sharply in Christmas week
British consumer spending on credit and debit cards fell sharply in the week to Dec. 30, which covered the Christmas holiday period, according to non- [...]
German retail sales outlook clouded despite surprise rise in November
German retail sales rose unexpectedly in November, data showed on Tuesday, lifting them to a record annual high despite renewed COVID-19 restrictions [...]
UK consumers upped borrowing in November by most in 16 months
British consumers increased their borrowing in November by the most since July 2020, according to Bank of England data which added to signs of an ear [...]