Posts Tagged ‘January’

German trade surplus narrows in January

Statistics office Destatis has today revealed German exports unexpectedly fell 1% in January on the month after a 0.5% rise in December. However, on an annual basis, exports were up 24.2%. Germany is the world’s second largest exporter after China and export demand helped to bring Germany out of recession in the second quarter of [...]

UK manufacturing output recovers in January

The Office for National Statistics (ONS) has today revealed UK manufacturing output bounced back in January after December’s weather related fall. According to the ONS, manufacturing output rose 1% in January – its fastest monthly pace in 10 months. It also beat analysts expectations who forecast a rise of 0.8%. In the meantime, output was [...]

UK trade gap narrows more than expected in January

The Office for National Statistics (ONS) has today revealed the UK’s trade deficit narrowed more than expected in January, as exports surged. According to the ONS, the global goods trade gap narrowed to £7.09 billion in the month from £9.69 billion in December. The deficit represents the smallest in almost a year and economists had [...]

Japan core machinery orders surge in January

Japanese core private-sector machinery orders – a highly volatile series seen as an indicator of corporate spending – rose 4.2% in January on a monthly basis – easily beating expectations of a 3.1% increase. The increase in orders represented the second consecutive monthly rise, according to the Cabinet Office, and follows December’s 1.7% rise and [...]

German retail sales up second month in a row

Federal Statistical Office, Destatis, has today revealed German retail sales grew for a second consecutive month in January. According to Destatis, retail sales rose 2.6% in January on an annual basis – boosted by falling unemployment. Earlier this week, the Federal Labour Office said there was a further fall in the number of people out [...]