French Household Consumption MoM (Nov) M/M -0.3% vs. Exp. 0.2% (Prev. 0.5%, Rev. 0.4%)
The decline in French household consumption for November, coming in at -0.3% versus expectations of a 0.2% increase, signals a clear miss that may reflect weakening consumer sentiment.
Slovak Retail Sales MoM (Nov) M/M -0.7% vs. Exp. -0.4% (Prev. -0.7% )
Taiwan Balance of Trade (Dec) 19.43B vs. Exp. 16.1B (Prev. 16.09B, Rev. 16.09B)
French Household Consumption MoM (Nov) M/M -0.3% vs. Exp. 0.2% (Prev. 0.5%, Rev. 0.4%)
China's state-backed property developer Vanke is reportedly preparing debt restructuring amid potential default risk
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Given the previous month's upward revision, this suggests a concerning trend that could have implications for economic growth and future monetary policy, especially in the context of the EU's broader economic environment.
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