The U.S. economy expanded at a modest-to-moderate pace in October and the first half of November while firms grappled with rising inflation and a scramble to fill jobs amid labor shortages, a survey conducted by the Federal Reserve showed on Wednesday.
U.S. President Joe Biden's $1.9 trillion stimulus package in March contributed to stronger demand but is only a small factor in current higher rates of inflation, U.S. Treasury Secretary Janet Yellen told lawmakers on Wednesday.
Norway's trade surplus rose to a record high in October as revenues from its offshore oil and gas fields soared, national statistics agency (SSB) data showed on Monday.
South Korea's factory output in October shrank at its sharpest pace in nearly 1-1/2 years, government data showed on Tuesday, as global chip shortages continued to weigh on car production.
The Swiss economy grew by a weaker-than-expected 1.7% during the third quarter, the government said on Friday, as the post pandemic recovery continued between July and September.