International Economic
German producer prices grow at fastest rate in 47 years
German factory prices have grown at the fastest rate since 1974, official data showed on Monday, fuelled by the surge in energy prices.
FCA to crack down on investment harm
The Financial Conduct Authority is to crack down on scams in the £1. 6trn consumer investment market, it was announced on Wednesday.
China's economic recovery falters as Covid cases rise
China’s economic recovery continued to falter in August, official data showed on Wednesday, as rising Covid rates and fresh lockdowns weighed heavily.
China factory gate inflation hits 13-year high
Factory gate inflation hit a 13-year high in August as manufacturers responded to the high cost of commodities, official figures showed.
German investor sentiment deteriorates amid chip shortages
German investor sentiment deteriorated more than expected in September amid a shortage of semiconductors and building materials, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
German industrial production rises more than expected in July
German industrial production rose more than expected in July as the country overcame supply shortages, according to figures released on Tuesday by Destatis.
Aluminium prices at more than decade-high after Guinea Conakry military coup
Aluminium prices hit a more than decade-high after a military coup at the weekend in Guinea Conakry, the world's top supplier of bauxite.
Fed not 'behind the curve', BoE's Mann says
The Federal Reserve is better placed to respond to inflationary pressures than was the case in the 1970s, the Monetary Policy Committee's new external member argued.
German factory orders unexpectedly rise in July
German factory orders unexpectedly rose in July, boosted by overseas demand from the shipbuilding sector, according to figures released on Monday by Destatis.
China's services sector contracts in August - Caixin
China’s services sector contracted in August amid restrictions to curb the Delta variant of Covid-19, according to data released on Friday.
US private sector adds fewer jobs than expected in August - ADP
Private sector employment in the US grew much less than expected in August as the spread of the Delta variant took its toll, according to the latest data from the ADP.
German retail sales fall more than expected in July
German retail sales fell more than expected in July, according to figures released on Wednesday by Destatis.
China factory activity contracts in August - Caixin
Activity in China’s manufacturing sector contracted in August for the first time since April 2020, according to a private gauge released on Wednesday.