Japan’s Industrial Production Declines in November 2024
Japan’s industrial production fell by 2.2% month-over-month in November 2024, slightly improving on the preliminary estimate of a 2.3% decline. This marks the first contraction since August, following October’s strong 2.8% growth. The decline signals a slowdown in the country’s...
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Euro Area Inflation Rises to 2.4% in December 2024
The annual Euro Area Inflation climbed for the third consecutive month, reaching 2.4% in December 2024—the highest level since July. This was up from 2.2% in November and aligned with market expectations. The rise was largely driven by base effects,...
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UK Retail Sales Fall 0.3% in December 2024
UK Retail Sales unexpectedly declined by 0.3% month-over-month in December 2024, reversing a modest 0.1% rise in November. This decline came despite forecasts predicting a 0.4% increase. The drop was largely driven by a 1.9% fall in food store sales,...
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China’s Economy Grows by 5.4% in Q4 2024
China’s economy expanded by 5.4% year-on-year in Q4 2024, a significant acceleration from the 4.6% growth recorded in Q3. This growth exceeded market expectations of 5.0%, marking the strongest annual growth rate in 1.5 years. The country’s economic recovery was...
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US Retail Sales Growth Slows to 0.4% in December 2024
US Retail Sales increased by 0.4% month-over-month in December 2024, marking the slowest growth in four months. This followed a stronger, upwardly revised 0.8% rise in November and came in below market expectations of 0.6%. Despite the deceleration, the data...
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