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China's car sales extend decline in November in biggest drop in 10 months
Car sales -8.5% y/y in Nov vs -0.8% y/y in OctBoost from front-loading of govt subsidised purchases fadedSales estimated to be 5% y/y in 20252026 sales expected to be largely flat, CMBI says BEIJING, Dec 8 (Reuters) - China's annual car sales dropped 8.5% in November in a second straight mont...Reuters
14 minutes ago
German industrial output rises more than expected in October
Industrial production rose 1.8% in OctoberEconomists see no signs of broader upturnConstruction sector contributed with a 3.3% production riseBy Maria Martinez Dec 8 (Reuters) - German industrial production rose much more than expected in October but economists see no signs of a broader upturn as...Reuters
15 minutes ago
China pledges to expand demand with more proactive polices in 2026
Politburo meeting vows more active policy support next year'Domestic demand taking the lead', top leaders sayNovember exports to non-U.S. markets strongInvestors monitoring Central Economic Work Conference BEIJING, Dec 8 (Reuters) - China will keep expanding domestic demand and support t...Reuters
2 hours ago
German industrial output rises more than expected in October
Dec 8 (Reuters) - German industrial production rose more than expected in October by 1.8% compared with the previous month, the federal statistics office said on Monday.Analysts polled by Reuters had predicted a 0.4% rise.The statistics office provides more detailed data on its website.Reuters
2 hours ago
China's yuan-denominated exports to Russia fall for eighth straight month
BEIJING, Dec 8 (Reuters) - China's yuan-denominated exports to Russia fell for an eighth straight month in November, though the pace of decline slowed sharply from October, data from Chinese customs showed on Monday.Shipments to Russia dropped to 67.71 billion yuan ($9.58 billion) in November, 5...Reuters
3 hours ago
China pledges to expand demand with more proactive polices in 2026
BEIJING, Dec 8 (Reuters) - China will keep expanding domestic demand and support the broader economy with more proactive policies in 2026, the Politburo, a top decision-making body of the ruling Communist Party, was cited as saying on Monday by state media Xinhua.The country will also better coordin...Reuters
4 hours ago
ECB’s Rehn: Latest forecast suggests inflation will remain slightly below 2% over the horizon
In an interview with the Italian financial magazine Milano Finanza on Saturday, European Central Bank policymaker Olli Rehn said that "our latest forecast suggests inflation will remain slightly below 2% over the horizon."Fxstreet
7 hours ago
