Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to a report released by the University of Michigan on Friday. The report said the preliminary reading on the consumer sentiment index for February came in at 90.7 compared to the final January reading of 92.0.
Important sectors of the U.S. economy will continue to withstand the global slowdown, New York Federal Reserve President William Dudley said Friday.
Wall Street has been jittery this year amid fears that problems in Asia and Europe are washing ashore.
However, Dudley thinks low interest rates and...
Reflecting increases in retail and manufacturing inventories, the Commerce Department released a report on Friday showing a modest uptick in U.S. business inventories in the month of December.
Reflecting another steep drop in fuel prices, the Labor Department released a report on Friday showing a notable decrease in U.S. import prices in the month of January. The report said import prices tumbled by 1.1 percent in January, matching the revised decreased reported for December.
Partly reflecting an increase in auto sales, the Commerce Department released a report on Friday showing that U.S. retail sales rose by slightly more than anticipated in the month of January. The Commerce Department said retail sales climbed by 0.2 percent in January compared to economist estimates for a 0.1 percent uptick.
Reflecting another steep drop in fuel prices, the Labor Department released a report on Friday showing a notable decrease in U.S. import prices in the month of January.
Partly reflecting an increase in auto sales, the Commerce Department released a report on Friday showing that U.S. retail sales rose by slightly more than anticipated in the month of January.
India's consumer price inflation rose slightly in January, the Central Statistics Office reported Friday.
The consumer price index rose 5.69 percent year-on-year in January, slightly faster than December's 5.61 percent increase. It was forecast to slow to 5.4 percent.
Food and beverages prices...
The euro area economy continued to expand on German growth but the pace of expansion remains weak as the global economy slows, raising expectations for additional easing from the European Central Bank as early as next month. Gross domestic product climbed 0.3 percent sequentially in the fourth quarter of 2015, the same rate of growth as seen in the previous quarter, flash estimate showed.
India's industrial production declined more than expected in December due to a contraction in manufacturing, data from the Central Statistics Office revealed Friday.
Industrial production decreased 1.3 percent on a yearly basis in December but slower than the 3.4 percent fall seen in November. Economists...
Latvia's current account balance turned to a surplus in December from a deficit in the previous year, figures from the Latvian Central Bank showed Friday.
The current account balance showed a surplus of EUR 27.08 million in December against a deficit of EUR 88.37 million a year earlier.
Greece economy entered in to recession in the three months ended December, preliminary figures from the Hellenic Statistical Authority showed Friday.
Gross domestic product contracted a seasonally and calendar-adjusted 0.6 percent from the previous quarter, when it fell 1.4 percent. In the second...
Portuguese economy expanded at a slower-than-expected pace in the three months ended December, after showing no variations in the previous quarter, preliminary figures from Statistics Portugal showed Friday.
Gross domestic product rose 0.2 percent quarter-over-quarter in the fourth quarter, after...
Eurozone industrial production dropped unexpectedly in December, data published by Eurostat showed Friday.
Industrial output fell 1 percent on a monthly basis in December, faster than the revised 0.5 percent drop seen in November.
Economists had forecast a 0.3 percent rise after falling by initially...
Poland's economic growth improved at a faster-than-expected pace in the three months ended December, flash data from the Central Statistical Office of Poland showed Friday.
Gross domestic product advanced an unadjusted 3.9 percent year-over-year in the fourth quarter, faster than the 3.5 percent spike...