Which countries have seen the best performance from their consumer sectors recently? Here is a ranking of major countries with the strongest growth in retail sales for the most recent month:
Revised GDP from the UK is the top economic news due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data for the third quarter. The initial estimate showed that the economy grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion.
Malaysia's consumer price inflation rose marginally in November and core inflation remained stable, data from the Department of Statistics showed on Monday. The consumer price index posted an annual increase of 1.4 percent after rising 1.3 percent in October. Prices were expected to grow at a faster...
China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
Malaysia will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, inflation was down 0.1 percent on month and up 1.3 percent on year. Taiwan will see November data for unemployment; in October, the jobless rate was 3.33 percent. Hong...