Monthly archive December, 2021

China's exports and imports expanded notably and exceeded economists' expectations in November but the pace of exports growth slowed reflecting weak demand. Data from the General Administration of Customs showed that exports grew at a pace of 22 percent year-on-year Read More →

Australia's central bank left its monetary policy unchanged, as widely expected on Tuesday, and assessed that the new coronavirus variant Omicron is unlikely to derail the recovery. The policy board of the Reserve Bank of Australia headed by Governor Philip Read More →

UK house prices rose for fifth straight month and the average home price hit a fresh record high in November, reflecting the resilience of the housing market, survey results from the Lloyds Bank subsidiary Halifax and IHS Markit showed Tuesday.Read More →

Germany's economic confidence weakened in December as supply bottlenecks continue to weigh on production and retail sales, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment fell 1.8 Read More →

The euro area economy expanded as initially estimated in the third quarter largely driven by household spending, estimates released by Eurostat showed on Tuesday. Gross domestic product grew at a steady pace of 2.2 percent in the third quarter. The Read More →

Germany industrial output recovered at a stronger than expected pace in October underpinned by auto production, data released by Destatis revealed on Tuesday. Industrial production grew 2.8 percent on a monthly basis in October, reversing a 0.5 percent fall in Read More →