The seasonally adjusted unemployment rate in the Euro area recorded a slight decrease of 0.1 percent to hit 7.3 percent in October, according to data by the Eurostat.
In addition, the EU’s unemployment rate remained unchanged from September’s level of 6.7 percent, meaning a 0.8 percent fall compared to the same period last year.
The seasonally adjusted jobless rate in Italy rose by 0.2 percent from a month earlier to reach 9.4 percent in October, based on data from Italy’s National Institute of Statistics. This signalled a 0.6 percent decline from last year’s October.
Korea's gross domestic product grew by 0.3 percent in the third quarter compared to the previous period, decelerating from a 0.8 percent increase in the second quarter, a report by the Bank of Korea showed.
This was also lower than the corresponding period’s growth last year when it stood at 2.2 percent.
On an annual basis, the expansion rate turned to 4 percent in the third quarter from negative 1 percent in the same period of 2020, the Bank of Korea said.
Monthly consumer prices in Korea rose in November by 0.4 percent compared to the previous month, according to official data. Meanwhile the yearly inflation rate recorded a reading of 3.7 percent.
Brazil’s output growth also slowed in 3Q, as the economy expanded by an annual rate of 4 percent compared to 12.3 percent in the previous quarter, data released by the country’s official statistics agency revealed.
On a quarterly basis, Brazil’s economy shrank by 0.1 percent. This is a somewhat improvement from the second quarter’s decline of 0.4 percent
Japan’s consumer confidence
The seasonally adjusted series for the consumer confidence index of Japan remained unchanged from October’s level of 39.2, according to the country’s Cabinet Office.