Eurozone Inflation Rises to 2.2% in November 2024
The annual inflation rate in the Eurozone edged up to 2.2% in November 2024, from 2% in October, slightly below the preliminary estimate of 2.3%. This modest increase was widely anticipated due to base effects, as the sharp declines in...
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UK Inflation Climbs to 2.6% in November 2024
The UK’s annual inflation rate rose for the second consecutive month, reaching 2.6% in November 2024, up from 2.3% in October. This increase aligns with market expectations and marks the highest inflation rate in eight months. The uptick reflects faster...
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US Retail Sales Show Robust Growth in November 2024
Retail sales in the United States rose by 0.7% month-over-month in November 2024, following an upwardly revised 0.5% increase in October. This growth exceeded market expectations of a 0.5% rise, signaling strong consumer spending during the holiday shopping season. The...
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Canada’s Inflation Eases to 1.9% in November 2024
In November 2024, Canada’s annual inflation rate dropped to 1.9%, slightly lower than the previous month’s 2% and falling short of market expectations of 2%. This marks a continuation of a favorable inflation trend that aligns with the Bank of...
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Germany’s Business Climate Indicator Declines in December 2024
The Ifo Business Climate indicator for Germany dropped for a second consecutive month to 84.7 in December 2024, the lowest level since May 2020. This marks a decline from a downwardly revised 85.6 in November and falls short of market...
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