Economic News

The German economic recovery will face significant setback if the rate of coronavirus infections fails to ease and the lockdown restrictions are subsequently extended, the Bundesbank said in its latest monthly report released on Monday. The economic recovery in the biggest euro area economy slowed... Read more...

Bulgaria's consumer price inflation slowed to a four-year low in December, the National Statistical Institute reported Monday. Consumer prices edged up 0.1 percent annually, following a 0.4 percent rise in November. A similar slower rate was last seen in December 2016. On a monthly basis, consumer... Read more...

Japan's industrial production declined for the first time in six months in November, final data from the Ministry of Economy, Trade and Industry showed on Monday. Industrial output dropped 0.5 percent month-on-month, in contrast to October's 4 percent increase and the flash estimate of nil growth.... Read more...

Business inventories in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories rose by 0.5 percent in November after climbing by an upwardly revised 0.8 percent in October. Read more...

Preliminary data released by the University of Michigan on Friday showed a modest deterioration in U.S. consumer sentiment in the month of January. The report said the consumer sentiment index dipped to 79.2 in January after jumping to 80.7 in December. Economists had expected the index to edge down to 80.0. Read more...

The Federal Reserve released a report on Friday showing U.S. industrial production jumped by much more than expected in the month of December. The Fed said industrial production surged up by 1.6 percent in December after climbing by an upwardly revised 0.5 percent in November. Read more...