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Renju Jaya


✉ editorial@rttnews.com
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Eurozone producer price inflation slowed for the second consecutive month in October reflecting a notable reduction in energy price growth, Eurostat reported Friday. Producer prices registered an annual increase of 30.8 percent after a 41.9 percent rise in September. Although inflation eased for a...

germanytrade1 dec09 02dec22 Germany's exports declined for the second month in a row, as the global demand continued to be damped by high inflation and supply chain disruptions, and the biggest euro area economy is near recession. Yet, the trade surplus increased notably due to the sharp decrease in imports. Shipments logged a monthly drop of 0.6 percent, following September's 0.7 percent decrease.

Spain unemployment declined sharply in November despite deteriorating economic conditions, figures from the labor ministry showed on Friday. The number of unemployed decreased 33,512 to 2.88 million, the lowest for the month of November since 2007. By economic sectors, registered unemployment in...

preview nov05 02dec22 Foreign trade from Germany and industrial production from France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade and import price figures for October. Exports are forecast to fall 0.3 percent on month, slower than the 0.5 percent decrease in September.

The UK manufacturing activity shrank again in November reflecting lower output, weaker demand and reduced employment, final data from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index edged up to 46.5 in November from 46.2 in October....

eurozonepmi aug01 01dec22 Eurozone manufacturing activity continued its downward trend in November but the rates of decline in output and new orders were less aggressive than seen a month ago, final data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers' Index rose to a two-month high of 47.1 in November from 46.4 in the previous month. The flash reading was 47.3.

Germany's retail sales declined more than expected in October as high inflation eroded the purchasing power of consumers, data published by Destatis revealed on Thursday. Retail sales declined 2.8 percent from September, when turnover was up 1.2 percent. Sales were forecast to fall moderately by...

Eurozone unemployment rate dropped marginally in October, data from Eurostat showed on Thursday. The unemployment rate for October was 6.5 percent, down from 6.6 percent in September. In the same month last year, the jobless rate stood at 7.3 percent. Economists had forecast the jobless rate to...

ukhouseprices nov29 01dec22 UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed Thursday. House prices dropped by a more-than-expected 1.4 percent on a monthly basis in November, after easing 0.9 percent in October.

preview oct16 01dec22 House prices from the UK and final factory Purchasing Managers' survey results from the UK and other major euro area economies are the top economic news due on Thursday. At 2.00 am ET, UK Nationwide house price data is due. House price inflation is seen easing to 5.8 percent in November from 7.2 percent in October.

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