Global Economic Trends: Hiring and Wages Up in US, Inflation Rises in Europe, Asia Growth Slows While India Forecasts Strong Gains
- US hiring picked up in December; wage gains exceeded expectations
- Euro zone inflation rose in December, reaching highest level since April
- Asia manufacturing activity slowed in December amid weak demand
- India forecasts strong economic growth outpacing consensus
- China government spending to increase in 2023 to bolster economy