UK retail sales declined the most since early 2021 as consumers brought forward Christmas sales into November, and the high cost of living and interest rate hikes damped household spending. Retail sales declined 3.2 percent month-on-month in December, reversing the 1.4 percent increase in November, figures from the Office for National Statistics revealed Friday. more...
After reporting an unexpected improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Wednesday showing a much bigger than expected pullback in confidence in the month of December. The Conference Board said its consumer confidence index slumped to 122.1. more...
Industrial production in China jumped 6.2 percent on year in June, the National Bureau of Statistics said on Friday. more...
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