Bank of England Hikes Rate Again by 0.25 Percentage Points
(BoE) The Bank of England has further accelerated its policy tightening by voting to increase the bank rate by 0.25 percentage points to a higher 0.5%. The central bank’s Monetary…
(BoE) The Bank of England has further accelerated its policy tightening by voting to increase the bank rate by 0.25 percentage points to a higher 0.5%. The central bank’s Monetary…
(Eurostat) Euro area and EU registered a 2.9% gain in industrial producer prices in December, surpassing an increase of 1.8% and 2.8%, respectively, in November. In the euro area, industrial…
(IHS Markit) The Eurozone posted a Composite Output Index of 52.3, down from the December final reading of 53.3. The slowdowns in economic activity reflected the outbreak of the Omicron…
(Eurostat) Inflation is estimated to have jumped to an annual 5.1% rate in January 2022, more than the projected decline to 4.4% and above December’s rate of 5.0%. Energy was…
(PayPal) Shares of PayPal Holdings Inc. fell more than 17% on Wednesday as the company said it expects non-GAAP earnings per share of $0.87 in Q1 2022, below the expected…
(Bureau of Labor Statistics) The US posted 10.9 million job openings on the last business day of December, unchanged at 6.8%. The largest gains in job openings were in accommodation…
(Eurostat) Unemployment rate in the euro area was posted at 7.0% in December, declining slightly from November’s reading of 7.1%. The rate was below 8.2% in the prior year. In…
(IHS Markit) Eurozone opened the year with robust manufacturing activity, as PMI rose to 58.7, a five-month high and above December’s final reading of 58.0. Growth was highest in Austria,…
(Nationwide Building Society) UK house prices surged by an annual 11.2% in January, accelerating from a 10.4% gain in December. The gain is the strongest start to the year in…
Source: Federal Reserve Bank of Dallas The production index gauging Texas manufacturing conditions remained on an above-average output growth level of 16.6, despite it being at the lowest in eight…
(Eurostat) Euro area and EU posted a 5.2% increase in GDP in 2021, despite growth easing in the last quarter of the year. Growth in the fourth quarter eased at…
(BEA) Spending by US consumers fell in December, with total outlays down by $93.5 billion amid a 0.3% surge in personal incomes. Disposable personal incomes saw an increase of 0.2%…