Renju Jaya

✉ editorial@rttnews.com

Spain retail sales rebounded at the end of the year underpinned by a sharp increase in non-food product turnover, data from the statistical office INE showed on Monday. Retail sales posted an annual growth of 4.0 percent in December, reversing November's 0.5 percent decrease. Food sales declined...

germany may25 30jan23 The German economy contracted at the end of the year, damping the possibility of the euro area skirting a technical recession, as suggested by recent surveys. Gross domestic product logged an unexpected quarterly fall of 0.2 percent, reversing the revised 0.5 percent expansion in the third quarter, preliminary data from Destatis revealed Monday. GDP was forecast to remain flat.

Spain consumer price inflation unexpectedly accelerated in January, flash data from the statistical office INE revealed on Monday. Driven by higher fuel prices, consumer price inflation rose to 5.8 percent in January from 5.7 percent in December, while the rate was forecast to ease to 4.9 percent....

preview aug27 30jan23 Quarterly national accounts from Germany and economic sentiment survey results from euro area are the top economic news due on Monday. At 2.00 am ET, quarterly GDP data is due from Sweden. GDP is forecast to grow at a slower pace of 1.2 percent annually in the fourth quarter after rising 2.5 percent in the third quarter.

srilanka may31 25jan23 Sri Lanka's central bank kept its key interest rate unchanged on Wednesday as runaway inflation showed signs of slowdown, and amid the country's negotiations with the International Monetary Fund to secure a $2.9 billion rescue deal to get the economy back on track. The Monetary Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate at 14.50 percent.

uk flag 032917 25jan23 UK output price inflation slowed for the fifth successive month in December, soothing fears of high inflation, and provided more justification to the Bank of England for softening its tightening policy stance. Output price inflation unexpectedly slowed to 14.7 percent from 16.2 percent a month ago, the Office for National Statistics reported Wednesday.

Spain producer prices grew at the slowest pace in 20 months in December, the statistical office INE said Wednesday. Producer price inflation slowed to 14.7 percent in December from 20.5 percent in the previous month. This was the slowest rate since April 2021. Excluding energy, underlying producer...

preview oct22 24jan23 Business sentiment from Germany and producer prices from the UK are the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK producer prices for December. Output price inflation is forecast to rise to 16.4 percent from 14.8 percent in November.

australia nov14 24jan23 Australia's leading index continued to point to below-trend growth in the first half of the year largely due to weaker consumer spending, Westpac said Wednesday. The annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, was -0.97 percent in December.

eurozoneflag july24 24jan23 Eurozone private sector returned to growth at the start of the year after six consecutive months of contraction, raising hopes that the region might escape recession, flash survey results from S&P Global showed on Tuesday. The flash composite output index rose more-than-expected to 50.2 in January from 49.3 in December. The reading was forecast to climb to 49.8.

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