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  • Retail sales, Great Britain: November 2021

    From ons.gov.uk

    Retail sales volumes rose by 1.4% in November 2021 and were 7.2% higher than their pre-coronavirus (COVID-19) February 2020 levels. Non-food stores sales volumes rose by 2.0% in November 2021, because of growth in clothing stores (2.9%) and other non-food stores (2.8%) such as computer stores, toy stores and jewellery stores, with retailers noting strong trading related to Black Friday and in the lead up to Christmas. Clothing stores sales volumes in November 2021 were above pre-coronavirus levels for the first time; 3.2% above their level in February 2020. Automotive fuel sales volumes rose by 3.7% in November 2021 ... (full story)

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  • Dec 17, 2021 4:50am Dec 17, 2021 4:50am
  •  DaJoWaBa
  • Joined Sep 2018 | Status: Member | 437 Comments | Online Now
A good figure, which condones the BOE's decision yesterday.
 
 
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    Kuroda: Covid expanding again in US and Europe; if it influences economic activity, it may be a...

    From @FinancialJuice|Dec 17, 2021

    tweet at 1:56am: BOJ'S GOVERNOR KURODA: COVID IS EXPANDING AGAIN IN THE UNITED STATES AND EUROPE; IF THIS HAS AN INFLUENCE ON ECONOMIC ACTIVITY, IT MIGHT BE A PROBLEM. tweet at 1:56am: BOJ GOV KURODA: CHINESE ECONOMIC RECOVERY IS SLOWING BUT IMPROVING AS A TREND #News #Forex #KURODA #ECONOMIC tweet at 1:57am: BOJ'S GOVERNOR KURODA: THERE ARE A LOT OF UNKNOWNS IN 2022. tweet at 1:59am: BOJ'S GOVERNOR KURODA: THE COST OF CORPORATE GOODS IS SURGING.

    Kuroda: The rate of commercial paper and corporate bond purchases will return to pre-pandemic levels

    From @FinancialJuice|Dec 17, 2021

    tweet at 1:37am: BOJ'S GOVERNOR KURODA: THE RATE OF COMMERCIAL PAPER AND CORPORATE BOND PURCHASES WILL RETURN TO PRE-PANDEMIC LEVELS. tweet at 1:41am: BOJ'S GOVERNOR KURODA: THE RATE OF PROPAGATION OF THE OMICRON VARIANT REMAINS UNKNOWN. tweet at 1:41am: BOJ'S GOVERNOR KURODA: OTHER CENTRAL BANKS' POLICY DECISIONS WILL HAVE NO IMPACT ON THE BANK OF JAPAN'S POLICIES. tweet at 1:41am: BOJ'S GOVERNOR KURODA: THE UNDERLYING INFLATION RATE IN JAPAN IS ROUGHLY 0.5%. tweet at 1:44am: BOJ'S GOVERNOR KURODA: THE BANK OF JAPAN IS LOOKING FOR WAGE GROWTH ALONG SIDE INFLATION.

    Australia and UK sign trade deal estimated at $13.3bn

    From aljazeera.com|Dec 17, 2021|2 comments

    The United Kingdom and Australia on Thursday signed a free trade deal projected to eventually boost bilateral trade by more than 10 billion pounds ($13.3bn), eliminating tariffs, ...

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    ECB's Villeroy: I think we are approaching the inflation peak

    From @FinancialJuice|Dec 17, 2021

    tweet at 2:21am: ECB'S VILLEROY: I THINK WE ARE APPROACHING THE INFLATION PEAK. tweet at 2:23am: - ECB’s Villeroy: We Are Probably Relatively Close To Inflation Peak - After Pandemic Recovery We Will Not Come Back To Pre-Covid Situation With Regards To Inflation, But To Something We Have Seen Before The Financial Crisis tweet at 2:24am: ECB'S VILLEROY: THE PROGNOSIS FOR 2023/2024 DOES NOT MATCH THE PRE-CRISIS PERIOD.

    Producer prices in November 2021: +19.2% on November 2020

    From destatis.de|Dec 17, 2021

    In November 2021, the index of producer prices for industrial products increased by 19.2% compared with November 2020. As reported by the Federal Statistical Office this was the ...

    Bundesbank Sees German Inflation At 3.6% In 2022 VS 1.8% Seen In June

    From @LiveSquawk|Dec 17, 2021

    tweet at 2:30am: Bundesbank Sees German Inflation At 3.6% In 2022 VS 1.8% Seen In June tweet at 2:30am: BUNDESBANK: PANDEMIC LIMITATIONS AND SUPPLY BOTTLENECKS WILL HALT GROWTH IN Q4 AND Q1. tweet at 2:31am: ECB'S WEIDMANN: THE ECB MUST BE WARY ABOUT INFLATION RISKS ON THE UPSIDE. tweet at 2:31am: BUNDESBANK: INFLATION IN GERMANY IS EXPECTED TO BE 2.2% IN BOTH 2023 AND 2024, WHICH IS HIGHER THAN THE EUROPEAN CENTRAL BANK'S OBJECTIVE OF 2%.Bundesbank projections: upswing is shifting somewhat The German economy suffers a setback in the winter half of the year due to the pandemic, but will pick up speed again in spring 2022. " The upswing is something shifts in time after back-th ," said Bundesbank President Jens Weidmann at the current projections of his institution. Due to the dip in growth, the gross domestic product is forecast to rise by 2.5 percent this year, which is less than expected in June. In the next two years, calendar-adjusted economic growth will increase to 4.2 and 3.2 percent respectively. While, according to the Bundesbank projections, pandemic-related restrictions and supply bottlenecks for intermediate products will slow growth in the winter half-year, private consumption will increase significantly from next spring. It is assumed that pandemic-related restrictions will then largely no longer apply. Some of the household savings accumulated during the pandemic are likely to be spent additionally. “ For a while, consumers will spend more of their disposable income than they did before the pandemic“, Explained Weidmann. It is also assumed that the delivery bottlenecks will resolve by the end of 2022. The experts at the Bundesbank therefore assume that exports in particular will temporarily receive a strong boost. " The strong upturn, has the overall capacity to

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  • Posted: Dec 17, 2021 2:09am
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 1  /  Views: 638
  • Linked event:
    GBP Retail Sales m/m
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