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Monthly archive January, 2023

Europe New Car Registrations Rise 12.8% In December: ACEA

European passenger car registrations climbed for the fifth month in a row in December, but at a slower pace than in November, as substantial decline was observed in the Spanish car market, monthly data from the Brussels-based European Automobile Read More →

New York Manufacturing Index Indicates Significant Contraction In January

New York manufacturing activity has seen a significant contraction in the month of January, according to a report released by the Federal Reserve Bank of New York on Tuesday. The New York Fed said its general business conditions plunged to Read More →

Global Job Growth Expected To Halve Amid Economic Uncertainties, Pandemic Worries: ILO

Global employment growth is expected to ease to half of the current growth rate in 2022, as labor market recovery may be prevented by uncertain economic conditions amid persisting Covid pandemic conditions, the International Labour Organization, or ILO, said on Read More →

European Economic News Preview: Germany Wholesale Prices Data Due

Wholesale price data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to issue Germany's wholesale prices for December. Wholesale prices had Read More →

U.S. Import Prices Unexpectedly Rebound In December, Export Prices Plunge

While the Labor Department released a report on Friday showing an unexpected increase in U.S. import prices in the month of December, the report also showed a much steeper than expected nosedive in export prices. The Labor Department said import Read More →

Eurozone Industrial Resilience, Narrower Trade Deficit Signal Shallow Recession

A recovery in the euro area industrial production due to higher demand as supply constraints continued to ease along with a fall in commodity prices, and a narrowing in the trade deficit on the back of strong export growth add Read More →