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Monthly archive December, 2023

European Economic News Preview: Germany Ifo Business Confidence Data Due

Business sentiment survey data from Germany is due on Monday, headlining a very light day for the European economic news. At 3.00 am ET, the Czech Statistical Office releases producer prices for November. Economists forecast producer prices to grow 1.0 Read More →

UK Private Sector Growth Gains Momentum On Services Activity

The UK private sector activity posted its strongest growth in six months in December, thanks to a faster recovery in the service economy, flash survey results from S&P Global showed on Friday. The Chartered Institute of Procurement & Supply flash Read More →

New York Manufacturing Activity Pulls Back Sharply In December

After reporting a significant rebound in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a substantial downturn in activity in the month of December.Original Article Read More →

U.S. Industrial Production Rebounds Modestly Following Resolution Of Auto Strikes

The Federal Reserve released a report on Friday showing a modest rebound in U.S. industrial production in the month of November. The report said industrial production rose by 0.2 percent in November after slumping by a downwardly revised 0.9 percent Read More →

Bank Of Russia Hikes Rate By 100 Bps

Russia's central bank raised its benchmark rate by 100 basis points on Friday and maintained a hawkish bias as proinflationary risks are assessed to be substantial and the economy exhibits faster than previously envisaged growth. The board of directors of Read More →

U.S. Retail Sales Unexpectedly Rebound In November

Retail sales in the U.S. unexpectedly increased in the month of November, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales rose by 0.3 percent in November after slipping by a downwardly Read More →