Economy And The Numbers

Producer prices in the U.S. unexpectedly edged slightly lower in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand slipped by 0.1 percent compared to economist estimates for a 0.1 uptick. The modest decrease in producer prices partly reflected anther steep drop in energy prices.

The UK economy recovered as expected in November supported by services and production, but the growth was not sufficient to soothe recession fears as even a slight downturn in December will result in two consecutive quarters of contraction. Real gross domestic product expanded 0.3 percent in November, offsetting the 0.3 percent decrease in October, the Office for National Statistics said Friday.

Producer prices in the U.S. unexpectedly edged slightly lower in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand slipped by 0.1 percent in December, matching a revised dip in November.

India's industrial production growth weakened more than expected in November, data from the Ministry of Statistics and Programme Implementation revealed on Friday. Industrial output registered an annual increase of 2.4 percent after posting a double-digit revised expansion of 11.6 percent in October....

India's consumer price inflation accelerated further in December to the highest level in four months on food prices, data from the Ministry of Statistics and Programme Implementation showed Friday. The consumer price index registered an annual increase of 5.69 percent in December, following October's...

Hungary's inflation eased further in December to the lowest level in more than two years, largely due to a slowdown in food prices, the Hungarian Central Statistical Office said on Friday. Consumer prices climbed 5.5 percent year-on-year in December, slower than the 7.9 percent rise in November. Further,...

France's household spending rose unexpectedly in November amid more energy consumption and engineered goods purchases, data published by the statistical office INSEE showed Friday. Household consumption grew 0.7 percent month-on-month in November, in contrast to a 0.9 percent decrease in October....

Spain consumer price inflation eased slightly in December to the lowest level in four months as initially estimated, the latest data from the statistical office INE revealed on Friday. Consumer price inflation softened to 3.1 percent from 3.2 percent in the previous month. That was in line with the...

Consumer prices in China fell for the third straight month in December highlighting the risk of deflation, while exports expanded more than expected despite the weak global trade.

France's inflation accelerated for the first time in four months in December, as initially estimated, provisional data from the statistical office INSEE showed on Friday. The consumer price index posted an annual increase of 3.7 percent in December, faster than the 3.5 percent gain in November. That...

The UK economy recovered as expected in November underpinned by services and production, the Office for National Statistics said on Friday. Real gross domestic product expanded 0.3 percent in November, offsetting the 0.3 percent decrease in October. In November, output in services output advanced...

Exports in the Netherlands decreased for the sixth straight month in November, according to figures published by the statistical office CBS on Friday. Exports declined 4.5 percent year-on-year in November, slower than the 7.4 percent plunge in October, which was the quickest rate of decrease since...

A measure of public opinion about the Japanese economy improved in December to the highest level in four months, survey data from the Cabinet Office showed on Friday. The current conditions index of the Economy Watchers' Survey, which measures the present situation of the economy, rose to 50.7 in...

GDP, industrial production and foreign trade reports are due from the UK on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. Economists forecast GDP to grow 0.2 percent on month, in contrast to the 0.3 percent decrease in October.

Overall consumer prices in China were up 0.1 percent on month in December, the National Bureau of Statistics said on Friday. That was shy of expectations for an increase of 0.2 percent following the 0.5 percent contraction in November. On an annual basis, inflation fell 0.3 percent versus forecasts...