Federation’s China PMI steady at 55.2 in November

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A key gauge of manufacturing activity in China remained unchanged in November from the previous month, staying in expansionary territory of a ninth month. The China Federation of Logistics and Purchasing said Tuesday its Purchasing Managers Index was unchanged at 55.2 for the month, holding at...

European Consumer Prices Rise First Time in 7 Months

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European consumer prices increased for the first time in seven months in November led by energy costs as the economy recovered from the worst slump since World War II. Prices in the 16-nation euro region rose 0.6 percent from a year earlier after falling 0.1 percent in October, the European Unio...

European Consumer Prices Rise First Time in 7 Months

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European consumer prices increased for the first time in seven months in November led by energy costs as the economy recovered from the worst slump since World War II. Prices in the 16-nation euro region rose 0.6 percent from a year earlier after falling 0.1 percent in October, the European Unio...

U.K. Mortgage Approvals Rise to Highest Level Since March 2008

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-- U.K. mortgage approvals climbed in October to the highest level in 1 1/2 years, adding to signs the economy is shaking off the recession. Lenders granted 57,345 loans to buy homes, compared with 56,205 in September, the Bank of England said today in London. The median of 22 forecasts in a Blo...

Japan Oct housing starts fall 27.1 pct yr/yr - govt

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Housing starts in Japan fell 27.1 percent in October from a year earlier, government data showed on Monday, better than a median market forecast for a 33.5 percent slide. It was the 11th straight month of declines in housing starts as consumers grew cautious about spending due to deteriorating j...

Japan Oct wages fall 1.7 pct yr/yr, overtime pay weak

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Japanese wage earners' total cash earnings fell 1.7 percent in October from a year earlier, falling for the 17th straight month as a recovery in exports and output has yet to spread to other sectors. Falls in cash earnings have been moderating after a record 7.0 percent plunge in June. But eco...

GfK Consumer Confidence Sees 1st Fall In Over A Year

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UK consumer confidence has fallen for the first time in over a year, according to the latest GfK/NOP survey. The survey showed a fall to -17 in November, from -13 in October, although it is still well above year-ago levels of -35. The major purchases index also slumped, to -19 from -12 in Octobe...

Canada current account gap balloons on weak exports

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Canada's current account deficit swelled in the third quarter to a record high of C$13.12 billion ($12.44 billion) as faltering U.S. demand battered exporters and likely led to a weaker-than-expected recovery. Statistics Canada said on Friday the current account gap grew from an upwardly revised ...

Swiss KOF Leading Indicator Rises Further In November

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Friday, the KOF economic Institute said the Switzerland economic barometer stood at 1.62 in November, up from 1.44 in October, revised from 1.45 reported initially. Economists expected a reading of 1.78 for November.

European Confidence Improves to Highest in 14 Months

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European confidence in the economic outlook improved to the highest in more than a year in November, suggesting the economy is gathering strength after emerging from the worst recession in at least six decades. An index of executive and consumer sentiment in the 16- nation euro region rose to 88...
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