International Economic
Energy prices nudge US CPI inflation higher in February
The cost of living in the U. S. was little changed last month but did not dip as much as anticipated amid the rising cost of energy.
Inflation still a worry for US small businesses as optimism dips
Optimism among small businesses in the US unexpectedly declined last month, according to the National Federation of Independent Business (NFIB), with inflation still a concern for many firms despite the recent slowdown in price pressures over recent months.
German inflation confirmed at 32-month low in February
The secondary reading of German inflation on Tuesday confirmed that the annual rise in consumer prices eased to a 32-month low in February as a result of a sharp slowdown in food-price growth.
US non-farm payrolls grow more quickly than expected in February, but details softer
Hiring in the U. S. continued at a strong clip last month, albeit alongside a very clear slowdown in wage growth.
Eurozone GDP ends 2023 unchanged
The eurozone economy was little changed at the end of 2023, official data showed on Friday, allowing it to narrowly skirt recession.
German industrial production pushes higher
German industrial production ticked higher in January, official data showed on Friday, beating expectations.
US unit labour costs rise by a tad less than expected in Q4
Inflationary pressures in the U. S. from salaries and compensation eased at the end of 2023.
US jobless claims come in ahead of expectations
Americans lined up for unemployment benefits at a faster than anticipated clip in the week ended 2 March, according to the Labor Department.
ECB leaves rates unchanged; cuts inflation, growth forecasts
The European Central Bank kept interest rates unchanged on Thursday as it cut inflation and growth forecasts.
German factory orders plummet in January
German factory orders plunged in January, official data showed on Thursday, falling by far more than expected.
China Jan-Feb exports smash estimates with 7.1% rise
China reported a sharply better-than-expected rise in exports for the first two months of the year, according to official figures published on Thursday.
US job openings little changed in January, quits rate slips
The number of job openings in the U. S. were little changed at the start of the year.
Powell reiterates rates likely headed lower, wants to see 'more good data'
The head of America's central bank told Congress that he continued to believe that interest rates were likely headed lower in 2024.
US private sector adds fewer jobs than expected in February - ADP
Private sector employment in the US rose less than expected in February, according to figures released on Wednesday by ADP.
Eurozone retail sales inched higher in January
Retail sales in the eurozone rebounded slightly in January while December's decline was revised upwards, according to figures out on Wednesday from Eurostat.
German trade surplus widens as exports rally
German exports rallied in January, official data showed on Wednesday, reversing the sharp falls seen at the end of last year.
S&P Global US composite and services PMIs upwardly revised
The S&P Global composite purchasing managers index was revised higher to 52. 5 in February, up from preliminary estimates for a reading of 51. 4 and ahead of the 52 recorded in January.
Eurozone producer-price deflation eased in January
Producer-price deflation in the eurozone cooled in January, as the drop in energy prices was significantly less than the previous month.
China sets 2024 GDP growth target at 5pc
China revealed its growth target for 2024 overnight on Tuesday, aiming for a GDP rise of “around 5%”, as per the Government Work Report released during the annual National People’s Congress.
Eurozone services sector activity hits seven-month high - PMI
Business activity in the eurozone's key services sector picked up to a seven-month high in February, according to a survey published on Tuesday.