By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
September 16, 2019
EUROZONE: The euro declined versus other major currencies after the European Central Bank cut rates.
Central bank policy
EUROZONE: The European Central Bank decided to cut the interest rate on the deposit facility and restart its asset-purchasing program.
CHINA: The Producer Price Index decreased by 0.8% year over year in August.
EUROZONE: Industrial production declined 0.4% in July.
GERMANY: Wholesale prices fell 1.1% in August.
JAPAN: Industrial production increased 1.3% in July.
JAPAN: GDP grew 1.3% in the second quarter.
U.K.: Services output increased 0.2% in the three months to July.
U.K.: Production output fell 0.5% in the three months to July.
U.K.: GDP remained flat in the three months to July.
U.K.: Construction output declined 0.8% in the three months to July.
U.S.: Consumer credit increased 6.75% in July.
U.S.: The Producer Price Index for final demand rose 0.1% in August.
U.S.: Wholesale sales grew 0.3% in July.
U.S.: Wholesale inventories increased 0.2% in July.
U.S.: Retail sales rose 0.4% in August.
EUROZONE: The Sentix Investor Confidence Index increased in August.
U.S.: The University of Michigan’s index of consumer sentiment rose to 92.0 in September from 89.8 in August.