Monthly archive December, 2022

The Asian Development Bank lowered the economic growth forecast for the developing Asia and the Pacific further citing the global slowdown, but raised the inflation outlook for next year due to persistent inflationary pressures from food and energy. The lender Read More →

German economic sentiment strengthened in December to its best level in 10 months amid hopes of falling inflation and a temporary easing in the energy markets, a monthly survey conducted by the Mannheim-based research institute ZEW revealed on Tuesday.Original Read More →

Despite the monthly growth in the gross domestic product during October, the UK economy is likely to stagnate or shrink in the final quarter of this year, the National Institute of Economic and Social Research, or NIESR, said Monday.Original Read More →

Britons' inflation expectations for the coming year slowed slightly in November but their outlook for the medium-term inflation was higher suggesting that inflation is considered to be more sticky, results of a survey by the Bank of England showed Friday. Read More →

A report released by the Labor Department on Friday showed U.S producer prices increased by more than expected in the month of November. The Labor Department said its producer price index for final demand rose by 0.3 percent in November, Read More →

Preliminary data released by the University of Michigan on Friday unexpectedly showed an improvement in U.S. consumer sentiment in the month of December. The report said the consumer sentiment index climbed to 59.1 in December from 56.8 in November, while Read More →