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UK shop prices rise for first time since 2019 - BRC
UK shop prices rose in November for the first time in two and a half years with increases predicted for Christmas and beyond, the retail trade body said.
Fed's Powell says 'probably a good time' to retire word transitory
Wall Street gave back the prior session's gains after the head of the US central bank said that it was probably a "good time" time to retire the word "transitory" when talking about inflation and to "try to explain more clearly what we mean".
Euro area inflation jumps past forecasts in November
The cost of living in the euro area surged past forecasts in November but economists were anticipating that it would soon peak.
UK consumer credit and mortgage lending rise by less than expected in October
Lending to individuals edged higher in October even as mortgage borrowing hit a three-month low.
Spanish CPI hits near three-decade high in November
The cost of living in Spain hit a near three-decade high in November on the back of rising food and gasoline prices.
US Q3 GDP revised a tad higher
America's economy expanded at a slightly quicker pace than previously estimated during the third quarter.
US consumer confidence edges past forecasts in October
Consumer confidence in the US edged past forecasts last month but Americans were the least upbeat about their personal finances and the overall economy than at any other time over the preceding decade.
Personal income and spending rise more quickly than expected in October
Americans continued splashing out briskly last month with price gains continuing to accelerate alongside.
US foreign trade deficit falls sharply in October
America's shortfall on trade with the rest of the world dropped sharply last month amid a jump in exports.
US durable goods orders miss forecasts in October, but underlying figures 'strong'
Orders for goods made to last more than three year undershot forecasts last month amid a decline in orders for airplanes, both civilian and military.
Turkish lira still in freefall
Turkey´s lira went into freefall on Tuesday after the country´s President said the country was fighting an "economic war of independence".
US services sector activity dips unexpectedly in November
Business activity in the US slowed unexpectedly in November due to softness in services and with prices continuing to rise at a rapid pace, the results of a closely-followed survey revealed.
Economists bring forward date of first Fed interest rate hike to late 2022 - Poll
Economists revised their forecasts for interest rate hikes in the US during the month of October, bringing them more in line with market pricing, the results of a survey revealed.
UK consumer confidence creeps up - GfK
UK consumer confidence edged up in November despite the rising cost of living but households' view of their own finances remained weak, a survey showed.
US economy 'roaring back' but pandemic 'still very much' front and centre
The US economy was "roaring" back but the pandemic remained very much front and centre, a top Federal Reserve official said.
US initial jobless claims relatively flat in week ended 13 November
Initial jobless claims remained relatively stable in the week ended 13 November, according to the Labor Department, potentially signalling that the elevated level of layoffs seen during the Covid-19 pandemic may have plateaued.
Sharp upside surprise in November Philly Fed index
Manufacturing activity in the US mid-Atlantic region accelerated sharply in November, the results of a closely-followed index showed.
Euro area industrial production dips as expected, but energy crunch 'clear risk'
Industrial production in the single currency area dipped in September, dragged down by a drop in the output of capital goods, a key ingredient of long-term growth.
US CPI jumps past forecasts in October with 'more to come'
The cost of living in the US rose more quickly than expected in October on the back of further spikes in energy and food prices.
Core producer prices in the US rise a tad less quickly than expected in October
Wholesale prices in the US rose a tad less quickly than expected last month and price pressures were easing in some chapters "at the margin", some economists said.