First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended December 27th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 199,000, a decrease of 16,000 from the previous week's revised level of 215,000. Economists had expected jobless claims to rise to 220,000.
First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended December 27th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 199,000, a decrease of 16,000 from the previous week's revised level of 215,000. Economists...
Poland's consumer price inflation slowed further in December to the lowest level in more than one-and-a-half years. The consumer price index climbed 2.4 percent year-over-year in December, slower than the 2.5 percent increase in November. The slowdown in inflation was driven by a 3.1 percent decline in costs for fuels for personal transport equipment. Monthly, consumer prices remained flat.
Turkey's trade deficit widened in November as imports grew faster than exports. The trade deficit increased to $8.0 billion from $7.5 billion in the same period last year. The shortfall was $7.5 billion in October. Exports registered an annual increase of 1.3 percent, and imports were 2.6 percent higher.
China's manufacturing activity rebounded in December as manufacturing output returned to growth amid higher inflows of new work, survey data from S&P Global showed on Wednesday. The RatingDog headline factory Purchasing Managers' Index posted 50.1 in December, up from 49.9 in November. A score above 50.0 indicates expansion.
Consumer prices in South Korea were up 2.4 percent on year in December, Statistics Korea said on Wednesday. That was in line with expectations and down from 2.4 percent in November. On a monthly basis, inflation rose 0.3 percent - higher than forecasts for 0.,2 percent following the 0.2 percent...
China will on Wednesday see December results for the manufacturing, non-manufacturing and composite indexes from Caixin and the National Bureau of Statistics, highlighting a light day for Asia-Pacific economic activity. In November, the Caixin manufacturing PMI had a score of 49.9, while the NBS manufacturing...
Following a split decision to lower interest rates by another quarter point last month, the minutes of the Federal Reserve's December meeting provided further clarification about officials' mixed views about the outlook for rates. The minutes revealed participants expressed a "range of views" about the restrictiveness of the Fed's current monetary policy stance.
A report released by MNI Indicators on Tuesday showed a significant rebound by its reading on Chicago-area business activity in the month of December. MNI Indicators said its Chicago business barometer jumped to 43.5 in December after plunging to 36.3 in November. Economists had expected the index to rise to 39.5.
Latvia's retail sales growth moderated in November after rebounding in the previous month. Retail sales rose a calendar-adjusted 3.3 percent year-over-year in November, slower than the 5.1 percent surge in October. Sales have been rising since June. Turnover of retail trade in non-food products, grew 4.4 percent yearly in November, while those of food products increased only by 0.8 percent.
Croatia's retail sales expanded at a slower pace in November. Retail sales in volume terms rose by a working day and a seasonally adjusted 1.4 percent year-on-year in November, much slower than the 4.1 percent growth in the prior month. On a monthly basis, retail sales decreased 1.7 percent, in contrast to a 1.1 percent rise in October.
Slovenia's consumer price inflation accelerated in December after easing in the previous month. The consumer price index climbed 2.7 percent year-on-year in December, faster than the 2.3 percent increase in November. Prices for food and non-alcoholic beverages grew 4.5 percent, and those of housing and utilities climbed 4.3 percent.
Turkey's unemployment rate increased marginally in November. The seasonally adjusted unemployment rate rose to 8.6 percent in December from 8.5 percent in the previous month. The number of people out of work increased by 54,000 over the month to 3.98 million. The employment rate was 49.2 percent compared to 49.1 percent a month ago.
A measure signalling future turning points in the Swiss economy improved at the end of the year to the highest level in more than a year. The economic barometer rose to 103.4 in December from 101.7 in November. Moreover, the outlook for the Swiss economy for the start of 2026 is above average.
Spain's consumer price inflation moderated to the lowest level in four months in December, while retail sales growth rebounded sharply in November. The consumer price index posted an annual increase of 2.9 percent in December, slightly slower than the 3.0 percent rise in November. The slowdown in inflation was mainly due to the drop in fuel and lubricant prices for personal vehicles.
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.