Canadian Economy Contracts in November 2024
Canadian Economy GDP contracted by 0.1% month-on-month in November 2024, marking the first decline in 11 months. This downturn was driven by lower output in key sectors such as extractive industries, transportation and warehousing, and financial services. However, growth in...
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UK Economy Stalls in Q3 2024
The UK Economy stalled in the third quarter of 2024, with growth revised down from the initial estimate of 0.1% to a flat performance. This marks a slowdown from the revised 0.4% growth recorded in Q2. The revisions highlight a...
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UK Retail Sales See Modest Uptick in November 2024
Retail sales in the UK increased by 0.2% month-over-month in November 2024, recovering slightly from a 0.7% decline in October. However, the growth fell short of market expectations of 0.5%, reflecting ongoing economic challenges. The rise was driven by higher...
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Germany’s Producer Prices Rebound in November 2024
In November 2024, Germany’s producer prices recorded an unexpected year-on-year increase of 0.1%, rebounding from a 1.1% decline in October. This marked the first uptick since June 2023, surpassing market expectations of a 0.3% drop. The rise was mainly driven...
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Japan’s Inflation Hits a 13-Month High in November 2024
Japan’s annual inflation rate surged to 2.9% in November 2024, up from 2.3% in the previous month, marking the highest reading since October 2023. The sharp rise was largely driven by soaring food prices, which climbed 4.8%, the steepest increase...
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