By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
November 27, 2023
Central bank policy
U.K.: Bank of England Governor Andrew Bailey said: “It’s far too early” to consider interest-rate cuts.
U.S.: Federal Open Market Committee minutes showed policymakers do not foresee interest-rate cuts in the near term.
U.S.: Initial jobless claims fell by 24,000 to 209,000 in the week ended November 18, 2023.
EUROZONE: Euro area construction production rose by 0.4% in September compared with August.
EUROZONE: The Flash PMI Composite Output Index rose to 47.1 in November from 46.5 in October.
GERMANY: Industrial producer prices slipped 0.1% in October compared with September.
GERMANY: The Flash PMI Composite Output Index rose to 47.1 in November from 45.9 in October.
U.K.: The Flash PMI Composite Output Index rose to 50.1 in November from 48.1 in October.
U.S.: Existing home sales fell 4.1% in October.
U.S.: The Conference Board Leading Economic Index declined in October.
GERMANY: Exports rose 1.7% in October compared with September.
CANADA: The CPI rose 3.1% year over year in October.