Economy in Brief

The overall price level in the EMU fell again in February after dropping in January. Year-over-year inflation once again is falling for the first time in five months. Core inflation is positive but with its lowest year-on-year gain [...]

The Chicago Purchasing Managers indicated that its General Business Barometer retreated to 47.6 during February following a surge to 55.6 in January. The reading remained at the low end of the range during the last year. The ISM- [...]

The National Association of Realtors (NAR) reported that pending sales of single-family homes declined 2.5% in January (+1.4% y/y) following December's revised 0.9% improvement, which was initially reported as 0.1%. The January sales [...]

Personal consumption expenditures strengthened 0.5% during January (4.2% y/y) after a 0.1% uptick, revised from little-change. It was the strongest rise since May. A 0.3% increase had been expected in the Action Economics Forecast [...]

Of the 25 reporting EU members for February, the comprehensive EU Commission indices deteriorated in all but three countries. Those three were Cyprus, Poland and Slovakia. Sector indices also weakened across the board with significant [...]

Economic growth slowed less than previously estimated last quarter. Gross domestic product grew at a 1.0% annual rate (1.9% y/y), up from the advance estimate of a 0.7% gain. Nevertheless, growth was half that in Q3 and down sharply [...]

Economic growth slowed less than previously estimated last quarter. Gross domestic product grew at a 1.0% annual rate (1.9% y/y), up from the advance estimate of a 0.7% gain. Nevertheless, growth was half that in Q3 and down sharply [...]

Germany's GfK consumer climate look-ahead gauge for March shows an unexpected increase of one tick to 9.5 from February's 9.4. In February, the gauge was flat with its economic component lower, income expectations strongly higher and [...]