A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th. The Labor Department said initial jobless claims fell to 224,000, a decrease of 13,000 from the previous week's revised level of 237,000. Economists had expected jobless claims to slip to 225,000.
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December. The Philly Fed said its diffusion index for current general activity slumped to a negative 10.2 in December from...
Portugal's producer prices continued their falling trend in November. The producer price index fell 3.3 percent year-on-year in November, faster than the 2.8 percent decrease in October. Prices have been falling since January. Prices for energy goods slumped 9.4 percent from last year, and those for consumer goods dropped by 2.5 percent.
Consumer prices in the U.S. saw a modest increase in over the two months from September to November, according to a report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.2 percent over the two months from September to November. The report...
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th. The Labor Department said initial jobless claims fell to 224,000, a decrease of 13,000 from the previous...
The Bank of England lowered its benchmark rate for the fourth time this year as inflation is expected to fall back towards the target more quickly in the near term and signaled further reductions next year. The Monetary Policy Committee, governed by Andrew Bailey, voted 5-4 to reduce the bank rate by 25 basis points to 3.75 percent, which was the lowest since early 2023.
Consumer sentiment in Belgium worsened in December after strengthening in the previous month. The consumer confidence index fell to -1.0 from 2.0 in November. All sub-components decreased in December, with a sharp downturn seen in households' savings intentions. The index reflecting the jobless fears for the next 12 months rose slightly to -9 from 10.
Taiwan's central bank retained its key interest rate, as widely expected, on Thursday and raised its growth outlook on strong demand for AI and other technology applications. The central bank board unanimously decided to maintain the key discount rate at 2.0 percent. The rate on refinancing of...
Eurozone construction output expanded for the first time in three months in October. Construction production logged a monthly increase of 0.9 percent, reversing a 0.6 percent drop in September. Civil engineering activity grew the most, by 1.7 percent, and specialized construction activities advanced by 0.8 percent. On a yearly basis, construction output rose 0.5 percent.
Poland's industrial production logged an unexpected and renewed contraction in November, while producer prices continued their falling trend. Industrial production fell 1.1 percent year-over-year in November, reversing a 3.3 percent growth in October. Producer prices declined at a faster pace of 2.4 percent annually in November versus a 2.2 percent decline a month ago.
Norway's central bank retained its key interest rate on Thursday and hinted at further reduction in the course of next year if the economy evolves as estimated. The Monetary Policy and Financial Stability Committee of Norges Bank maintained its policy rate at 4.0 percent. The bank had reduced...
Sweden's central bank left its key interest rate unchanged on Thursday and suggested that the rate is set to remain at the current level for some time to come. The executive board of the Riksbank decided to hold the policy rate at 1.75 percent. The decision matched economists' expectations. The...
The confidence among French manufacturers rebounded strongly in December to the highest level in over one-and-a-half years. The manufacturing sentiment index rose to 102.0 in December from 98.0 in November. The rebound at the end of the year was mainly evident in the manufacturing of other transport equipment. Producers' past production situation improved significantly from -10 to 8.
Switzerland's foreign trade surplus increased in November as exports rose amid a fall in imports. The trade surplus rose to CHF 3.0 billion in November from CHF 2.5 billion in October. In nominal terms, exports climbed 1.6 percent over the month, reversing a 0.5 percent decrease in October. Imports fell 0.8 percent versus a 0.6 percent rise a month ago.
The Netherlands' unemployment rate held steady for the second straight month in November. The seasonally adjusted ILO jobless rate stood at 4.0 percent in November, the same as in the previous two months. There were 408,000 unemployed people in November, down from 411,000 a month ago. In the corresponding month last year, the jobless rate was 3.7 percent.
December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.