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Monthly archive February, 2020

German Economy Stalls As Estimated In Q4

The German economy stagnated in the fourth quarter, in line with the initial estimate, as the positive contribution to growth from investment was nullified by foreign trade, detailed data from Destatis revealed on Tuesday. Gross domestic product remained flat sequentially Read More →

UK Employment Climbs To New Record, Jobless Rate Unchanged

UK employment increased further in the three months to December to set a fresh record, while joblessness remained unchanged, indicating the resilience of the labor market amid the uncertainty surrounding Brexit and the general election.Original Article Read More →

German Investor Confidence Plummets On Coronavirus Concerns

Germany's economic sentiment logged a steep fall in February as investors increasingly grew concerned about the impact of the coronavirus outbreak in China, results of a closely watched survey showed on Tuesday.Original Article Read More →

UK Inflation At 6-month High On Higher Petrol Prices

UK consumer price inflation rose more-than-expected in January, after easing in the previous month, to its highest level in six months, led by higher petrol prices. The consumer price index rose 1.8 percent year-on-year following a 1.3 percent increase in Read More →

U.S. Producer Prices Climb 0.5% In January, Much More Than Expected

Producer prices in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said it producer price index for final demand climbed by Read More →

U.S. Housing Starts Pull Back After Reaching 13-Year High

A report released by the Commerce Department on Wednesday showed a pullback in new residential construction in the U.S. in the month of January. The Commerce Department said housing starts slumped by 3.6 percent to an annual rate of 1.567 Read More →