Economic Essentials: Eurozone worries

  • Purchasing managers index in the euro zone fell to a 16 month low of 51.4 in November versus 52.1 in October; index measures activity in manufacturing and services sector. 
  • U.S jobless claims fell to 291,000 last week; down 2,000. 
  • U.S consumer price index gained 0.1 per cent in October; up 1.7 per cent on October 2013. 
  • UK retail sales were up 0.8 per cent in October; follows a 0.4 per cent decline in September.