By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
December 5, 2022
U.K.: The pound rose versus the U.S. dollar amid improving investor sentiment.
Central bank policy
U.S.: Federal Reserve Chairman Jerome Powell said: “The time for moderating the pace of rate increases may come as soon as the December meeting.”
AUSTRALIA: Retail trade fell 0.2% in October compared with September.
CANADA: GDP grew 0.7% in the third quarter.
CHINA: The Manufacturing PMI rose to 49.4 in November from 49.2 in October.
GERMANY: Retail sales fell 2.8% in October compared with September.
EUROZONE: The Manufacturing PMI slipped to 47.1 in November from 46.4 in October.
JAPAN: Industrial production fell 2.6% in October.
JAPAN: Retail sales increased 4.3% year over year in October.
U.S.: Wholesale inventories increased 0.8% in October.
U.S.: The Manufacturing PMI fell to 47.7 in November from 50.4 in October.
U.S.: Retail inventories declined 0.2% in October.
U.S.: Pending home sales dropped 4.6% in October.
U.S.: Home prices posted a 10.6% annual gain in September, down from 12.1% in August.
U.S.: GDP grew at an annual rate of 2.9% in the third quarter.
U.S.: The trade deficit increased in October.
EUROZONE: The Economic Sentiment Indicator increased in November, for the first time since February.
U.S.: The Conference Board Consumer Confidence Index declined in November.