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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UK Economy Grows by 0.1% in November 2024
UK Economy experienced a slight growth of 0.1% month-on-month in November 2024, recovering from consecutive contractions of 0.1% in both October and September. However, this growth fell short of the expected 0.2% increase, signaling a slower-than-anticipated recovery. Services Sector Drives...
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Australia’s Unemployment Rate Increases in December 2024
In December 2024, Australia’s Unemployment Rate adjusted slightly rose to 4.0%, up from 3.9% in November, which had marked an eight-month low. This change met market expectations. The total number of unemployed individuals increased by 10.3 thousand, bringing the total...
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US CPI Surges 0.4% in December 2024
In December 2024, the US CPI Surges Price Index (CPI) recorded a 0.4% month-over-month rise, marking the most significant increase since March. Energy prices played a pivotal role, surging by 2.6% and contributing over 40% of the overall monthly growth....
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UK Annual Inflation Rate Drops to 2.5% in December 2024
UK Annual Inflation Rate unexpectedly dropped to 2.5% in December 2024, down from 2.6% in November. This figure came in lower than the forecasted 2.6% and closely aligned with the Bank of England’s (BoE) forecast made in early November. Despite...
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