The Employment Cost Index rose 1.0% in the fourth quarter wages and salaries increase by 1.0%; 5.1% increase year-on-year The Consumer Confidence Index fell to 107.1 in January House price inflation slows further in November WASHINGTON (Reuters) – U.S. labor costs rose at their slowest pace in a year in the fourth quarter as wage … Read more
Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more
Police fire tear gas on the outskirts of a Paris protest The government wants to raise the two-year retirement age to 64 Railways, schools and refineries are among those affected Macron’s reformist credentials are at stake Opinion polls show broad opposition to pension reform PARIS (Reuters) – French workers went on strike and marched across … Read more
BEIJING/HONG KONG (Reuters) – China’s population declined last year for the first time in six decades, a historic shift that is expected to mark the start of a long period of declining population numbers with profound repercussions for its economy. and the world. The decline, the worst since 1961, the last year of the great … Read more
DAVOS, Switzerland (Reuters) – Two-thirds of leading public and private economists surveyed by the World Economic Forum expect a global recession in 2023, the organizer of the Davos Forum said on Monday, as business and government leaders gathered. its annual meeting. About 18% considered a global recession “highly likely” — more than double that of … Read more
