Bulgarian Retail Sales YoY (Nov) Y/Y 3.1% vs. Exp. 7.0% (Prev. 7.4% )
The Bulgarian retail sales data for November showed a year-on-year increase of 3.1%, significantly below expectations of 7.0% and down from the previous 7.4%.
US Challenger Job cuts (Dec): 35.55k (prev. 71.3k)
China summons a meeting with BYD (1211 HK), CATL (300750 CH) and Gotion (002074 CH), according to China Daily
Bulgarian Retail Sales YoY (Nov) Y/Y 3.1% vs. Exp. 7.0% (Prev. 7.4% )
India's Foreign Ministry reportedly intends to remove restrictions on Chinese firms bidding for government contracts, according to sources
ECB's de Guindos says the ECB is at inflation target, but uncertainty remains very high
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This miss suggests a potential slowdown in consumer spending, which could influence economic growth forecasts and may prompt discussions on the implications for monetary policy in the region.
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