Producer prices in the 17-nation bloc contracted for the second successive month in December giving a chance for the European Central Bank to lower the interest rate in order to revive the economy of the bloc. Eurozone factory prices fell 0.2% in the last month of 2012 equally with factory prices of the 27-nation European Union recording in the same
Construction output in the U.K. missed economists' projections, as declined again in the month of January, recording the lowest figure since June 2012, the Markit survey showed on Monday. The Markit/CIPS Construction Purchasing Managers' Index stayed unchanged in January from the month before, when it slipped to a six-month low at 48.7 compared to forecast of 49.1."January's survey results are
Switzerland's key manufacturing output index soared to the highest level in one and a half years in January, reflecting a recovery in the sector from the last year's slowdown.
The number of people out of work in the world's third largest economy edged higher in the last month of 2012, blocking the country's ongoing efforts to tackle the economic slowdown under the new leadership of Shinzo Abe.
Activity at the U.K. manufacturing sector expanded for the second consecutive month in January, raising hopes the economy can avoid a fall into a new recession, even though the activity grew less than a month before and was below expectations.
The pace of hiring in the world's largest economy eased slightly last month, while unemployment rate edged higher from previous month's level, the Labor Department figures showed on Friday.
The Eurozone's manufacturing sector is showing signs of edging back to recovery despite the region's ongoing debt crisis, as Markit's purchasing managers' index, which reflects manufacturing activity, came in at 47.9 in January, compared with 46.1 the prior month.
Canadian economy picked up some steam in November, beating analysts' expectations, mostly, due to the rebound in the manufacturing sector.
New applications for the unemployment benefits in the world's biggest economy rose more than expected during the last week, almost erasing a slide in the prior two weeks.
Output at Japanese manufacturers, mines, and utilities expanded in December less than initially was expected, a sign the world's third-largest economy may be stabilizing thanks to stronger global demand and government spending.
Britain's house prices moved up in January, as the Bank of England's credit-easing programme helped loosen the mortgage market, the report by Nationwide Building Society showed Thursday.
The number of people out of job in the Europe's largest economy turned lower this month, adding to signs that a pickup in German economy is gathering pace.
Housing prices in the U.K. advanced in the month of January together with a pick up of lending activity caused by lowed mortgage rates, the Nationwide reported on Thursday. The report showed that a typical house price increased by 0.5% and the Nationwide Housing Price Index rose from 327.5 in December to 329.1 in January, while annual change of the
Unemployment in the European largest economy surprisingly declined in January as a sign of healthier labor market with improving conditions of global economy, the Federal Labor Agency unveiled on Thursday. German's unemployment decreased notably by 16,000 in January following a December's drop of 2,000, the total number of unemployed reached 2.92 million."The German labor market convinced with a distinct robustness
The downturn in the Spanish economy worsened in the final three months of 2012, as the economy shrank more than expected, adding to concerns that 2013 is going to be another hard year for Mariano Rajoy.
The U.S. economy unexpectedly shrunk in the last quarter of 2012, due to the biggest plunge in defence spending and modest inventory growth.
U.K. mortgage approvals increased more than initially was expected last month, a sign the Bank of England's credit-boosting programme is having a positive impact on home loans.
Retail sales in the world's third largest economy rose less than predicted, indicating weak domestic demand, the Trade Ministry said on Tuesday.
The momentum of the Swiss economy slowed for the fourth consecutive month in January, adding to concerns that deepening Eurozone crisis weighed on business confidence.
Business confidence in Australia rose sharply last month, as local firms were encouraged by signs of recovery in the world economy, the National Australia Bank survey showed Tuesday.
Japanese government unveiled its budget for 2013, which includes spending cuts for the first time in seven years, adding to evidence that Shinzo Abe is putting efforts to establish fiscal-discipline credentials.
House prices across England and Wales rose at the fastest pace for more than two years in 2012, mostly driven by property values in London, despite overall weak economic performance.
Confidence among U.S. consumers declined more than initially was expected this month, reaching the lowest level in more than a year, as Americans were more pessimistic about the economic outlook and their financial prospects.
German consumers feel more confident about the Europe's largest economy's outlook, due to a stable labour market and higher income expectations, market research group GfK said on Tuesday.