Real growth of Gross Domestic Product (GDP) in the G20 area remained stable at 0.7% in the third quarter of 2015, for the third consecutive quarter, but with diverging patterns across countries, according to preliminary estimates.
U.S. consumers spent less in November than analysts had expected, especially on cars and petrol. Retail sales volumes grew by 0.2% month-on-month to reach $448.1bn, according to the Department of Commerce.
Actual Individual Consumption (AIC) is a measure of material welfare of households. Across the EU members in 2014, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 51% of the EU average in Bulgaria to 141% in Luxembourg.