International Economic

US consumer spending accelerates in December, price gains ebb
Americans spent more freely at the tail-end of 2024, while price pressures ebbed as forecast.
German CPI posts surprise fall in January
German inflation has unexpectedly fallen to 2. 3% this month, according to official flash estimates published on Friday.

German unemployment rate hits four-year high
The unemployment rate in Germany has risen to its highest in more than four years with manufacturing layoffs partly to blame, according to government statistics on Friday.
German retail sales see sharpest decline in two years
Retail sales in Germany unexpectedly dropped by their most in more than two years in December, according to the Federal Statistical Office (Destatis) on Friday.

US Q1 GDP growth slips but details stronger
Economic activity in the US slowed at the end of 2024, but the underlying trends were much stronger.
US pending home sales unexpectedly drop
US pending home sales unexpectedly slumped in December, pulling back after four straight months of growth, according to figures from the National Association of Realtors of Thursday.

US jobless claims fall sharply
US jobless claims fell more than expected in the week ended 25 January, according to the Labor Department, marking a sharp pull-back from the previous week's two-month high.

ECB cuts rates, says that disinflation is 'well on track'
The European Central Bank cut rates again and expressed confidence that inflation would continue to head lower.
Eurozone economy unexpectedly flatlines in Q4
The eurozone economy flatlined in the final quarter of 2024, according to flash estimates published on Thursday.

German GDP falls 0.2% in Q4
German GDP contracted more than expected in the final three months of 2024, according to flash estimates published on Thursday.

Fed decision to stand on the sidelines seen by some as a 'hawkish hold'
America's central bank stood pat on monetary policy as economists had anticipated and appeared to be biding its time before making any further changes to interest rates.

US mortgage applications fall 2pc
US mortgage applications fell 2% week-on-week in the seven days ended 24 January, according to the Mortgage Bankers Association of America.

Riksbank cuts rates again, but easing cycle likely over for now
Sweden's central bank has lowered interest rates for the fifth straight meeting, but indicated that further monetary easing was unlikely in the coming months as it waits for recent cuts to take effect.

ASML posts sharp increase in Q4 net bookings
Dutch semiconductor firm ASML posted a sharp increase in Q4 net bookings on Wednesday, with both sales and profits coming in ahead of expectations.
German consumer sentiment weakens in January - GfK
German consumer sentiment weakened in January, according to a widely-read survey published on Wednesday.

US durable goods orders unexpectedly fall
US durable goods orders unexpectedly fell in December, dropping by their most in six months, as a result of a big decline in orders for transportation equipment.

French consumer confidence rises more than expected
Consumer confidence in France improved more than expected to a three-month high in January but still remained well below the long-term average.

German business sentiment improves in January - Ifo
German business sentiment unexpectedly improved a little in January but companies remained pessimistic, according to a survey released on Monday by the Ifo Institute.

Chinese manufacturing unexpectedly contracts as services growth slows
China's manufacturing sector has contracted for the first time in four months, while growth in the services industry eased significantly, as private-sector activity began to slow ahead of the Lunar New Year.

US services activity slows in January but hiring 'surges', S&P says
Economic activity in the States slowed noticeably at the start of 2025 as the services sector cooled, survey results showed.