By Paul Hannon The Wall Street Journal Fri., Dec. 14, 2018 Fresh economic figures from Europe and China added to mounting concerns that weakening growth at the end of 2018 will carry over into a sharper slowdown next year, as the yearslong global expansion matures, trade tensions bite and consumers rein in spending. China reported weak industrial production and retail data on Friday, while a key business index in Europe sank to its lowest level in more than four years due to violent protests in France and weak manufacturing activity in Germany. Global stock markets and the euro fell on investor concern, in line with recent steep swings in markets, even as the U.S. economy has been relatively steady. In China, numbers showed that the country’s economic downturn deepened last month, hitting industry and consumers and raising the challenge for Beijing to arrest the slowdown while fending off a trade conflict with the U.S. Industrial production, weighed down by woes in the car and property markets, slowed in November to its slackest point since early 2016, official data showed. Growth in retail sales dropped to its lowest level in more than 15 years. In Europe, surveys of purchasing managers suggest… Read full this story
- Nigeria: Rohr Fears Croatia's Stars, Hinges Eagles Success On Opening Game
- East Africa: Kenyan Exports to EAC Decline
- Nigeria: 36 Days to Russia 2018
- Uganda: The Art of 'Overstaying'
- Nigeria: What We're Doing to Prevent Ebola Outbreak in Nigeria
- Africa: Usa/Africa
- Nigeria: Renewed Investor Confidence Raises Foreign Portfolio Investments in Nigeria to $16bn
- Africa: Stanojlovic
- Nigeria: Otodo-Gbame
- Kenya/Algeria: USM Alger Jet in Ahead of Gor Mahia Clash
New data from China and Europe fan economic fears have 273 words, post on www.thestar.com at December 14, 2018. This is cached page on Business Breaking News. If you want remove this page, please contact us.