Both manufacturing and industrial output unexpectedly dropped in January, adding to concerns of the UK economy's deceleration.
Treasury Secretary Jacob Lew compared the US economy with a "well-oiled machine", as the American economy managed to lead the world out of the Great Recession thanks to a bold fiscal and monetary response to the turmoil.
Mario Draghi, the European Central Bank President, defended the decision to deploy a massive stimulus plan, based on large-scale purchases of government bonds.
Surge in Australia's consumer confidence last month appeared to be short-lived, denting hopes for a consumption-driven recovery despite the central bank cutting interest rates in February and signalling its intention to lower rates at least one more time in coming months.
China's inflation unexpectedly picked up in February, due to higher food prices during the Lunar New Year holiday, easing concerns over deflationary threat in the world's second biggest economy.
British retail spending continued to rise in February, suggesting falling inflation has encouraged consumers to spend, according to the British Retail Consortium.
Job openings rose in January to the highest level since 2001, according to the US Bureau of Labor Statistics. The number of job openings climbed to 5 million, up from 4.88 million openings reported in December.
France's industrial production continued to increase in January, beating economists' expectations for a decline.
While Japan managed to recover from recession, it grew lass than previously estimated in the final quarter of 2014.
China's exports surged in February, pushing the country's trade balance to a record high.
Australia's business environment deteriorated last month, with economic slowdown and political uncertainty both contributing to the decline in confidence among Australian businesses.
While the government's non-farm payrolls data showed US employers created more jobs than expected in February, the Fed's own composite gauge of conditions in the US labour market dropped in February.
The European Central Bank began buying government bonds under its quantitative easing programme designed to underpin inflation in the Euro zone.
Switzerland's foreign currency reserves rose to a record high in February, but the increase was likely to be caused by a decline in the Swiss Franc rather than by the Swiss National Bank's foreign currency buying.
The number of building permits issued in Canada declined more-than-expected last month in January.
Britons' expectations for inflation over the coming 12 months dropped to the lowest level in over 13 years in February, the Bank of England said.
US employers created more jobs than expected in February, while America's unemployment rate fell, reinforcing the view of a strengthening labour market that should encourage the Fed to raise interest rates this year.
The modest increase in Euro zone economic output at the end of last year was supported by rising investment and exports, raising hopes that the currency bloc's recovery will strengthen this year.
The ECB will start its QE programme as soon as March 9, Mario Draghi announced on March 5.
Australia's retail sales rose in January, adding to signs that consumer spending is gradually increasing in response to lower interest rates.
The Bank of Canada decided to maintain its overnight interest rate unchanged at 0.75% following a shocking move to cut borrowing costs in January.
The Bank of England opted to keep the interest rate unchanged in March, marking six years since policy makers reduced borrowing costs to all-time low levels to help the UK economy recover from a deep recession.
The number of Americans filling new claims for unemployment benefits rose in the week ended February 28, breaking above 300,000 threshold.
The European Central Bank will start its quantitative easing programme as soon as next Monday, March 9, Mario Draghi, central bank Governor announced on Thursday.