January 12, 2025 9:53 am
Sweden’s economy grew at a monthly rate of 1.4% in November, as it recovered from a 0.4% contraction in the prior month, data by Statistics Sweden showed. It has been the sharpest monthly growth since January 2023. “November saw an upturn in economic activity with growth in both goods- and service-producing industries as well as […]
Read moreJanuary 11, 2025 10:59 am
Producer prices in Norway have surged at the sharpest annual rate since December 2022 in December last year, data by Statistics Norway showed. Producer prices rose 9.3% year-on-year in December after a flat performance in the prior month. The latest figure was mostly driven by a rebound in oil and natural gas extraction prices (+17% […]
Read moreJanuary 8, 2025 9:43 am
Sweden’s annual consumer inflation has eased to its lowest level since December 2020 in December last year. The inflation rate slowed to 0.8% in December from 1.6% in the prior three months, the latest data by Statistics Sweden showed. Market consensus had pointed to a lesser slowdown, to 1%. Sweden’s consumer price index with a […]
Read moreJanuary 8, 2025 7:50 am
New orders received by German manufacturers have shrunk at the steepest monthly rate since August in November. Factory orders dropped 5.4% month-over-month in November, compared to a 1.5% slump in October and market consensus of zero growth. The latest figure was mostly driven by a 58.4% drop in orders for aircraft, ships and trains, data […]
Read moreJanuary 7, 2025 2:05 pm
Foreign exchange reserves in Singapore have risen to SGD 506.71 billion in December from SGD 505.74 billion in November, the latest data by the Monetary Authority of Singapore showed. The latest figure was mostly driven by increases in: – Gold & Foreign Exchange (SGD 496.54 billion up from SGD 495.64 billion in November); – Special […]
Read moreJanuary 7, 2025 8:42 am
Manufacturing production in Norway was reported to have increased at a monthly rate of 1.1% in November, while recovering after three straight months of declines, data by Statistics Norway showed. In November, production rebounded for: – textiles, wearing apparel, leather (5.8% after a 5.6% drop in October); – paper and paper products (1.2% after a […]
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