Rising European Unemployment and Slumping German and U.S. Data

Economic data released today (Friday) was below analysts' expectations as Europe's Unemployment Rate rose to 11.7%, German Retail Sales dropped to -2.8%, U.S. Personal Spending and Personal Income dropped to -0.2% and 0.0%, respectively, while the U.S. Core PCE Price Index remained at 0.1%, as shown on the graphs below.

This latest data is still confirming slumping European, German, and U.S. economies and consumer spending/income.