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Economy And The Numbers

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China's government has taken unprecedented steps to keep Chinese stocks afloat after their worst monthly losses in six years. Beijing has reportedly lent 1.3tn yuan ($240 billion) to Chinese Securities Finances in attempt to halt the stock market meltdown. The government intends for brokers to...

Consumer-073115.jpg Consumer sentiment in the U.S. pulled back by more than previously estimated in the month of July, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for July was downwardly revised to 93.1 from the mid-month reading of 93.3.

Belgium's economy grew at a stable rate in the second quarter, preliminary estimates from the National Bank of Belgium revealed Friday. Gross domestic product rose 0.4 percent sequentially, same as in the first quarter, which was revised from 0.3 percent. A year ago, growth was just 0.1 percent....

ChicagoPMI-073115.jpg After two months of contraction, MNI Indicators released a report on Friday showing that Chicago-area business activity expanded far more than expected in July. MNI Indicators said its Chicago Business Barometer jumped to 54.7 in July from 49.4 in June.

The Swiss National Bank posted a loss in the first half of the year largely caused by declines in the foreign currency positions. The SNB logged a loss of CHF 50.1 billion in the first six months of 2015 compared to a profit of about CHF 16 billion last year. In the second quarter, loss totaled CHF...

EurozoneInflation-Jobless-Rate-073115.jpg Eurozone inflation remained stable in July and the unemployment rate held steady at the lowest level seen since early 2012 during June, data from Eurostat showed Friday. Inflation in the currency bloc remained stable at 0.2 percent in July, flash data showed today. Inflation remained in the positive zone for the third straight month and matched economists' expectations.

Russia's central bank cut its key interest rate for the fifth time this year, citing the prospect of significant cooling in the economy despite a moderate increase in inflation risks. The Bank of Russia Board of Directors decided to reduce the key rate to 11.00 percent from 11.50 percent. The decision...

Industrial output prices in Cyprus declined at a stable pace in June, figures from the Statistical Service of the Republic of Cyprus showed on Friday. The industrial output price index dropped 5.2 percent annually in June, the same rate of decline in the previous month. In April, output prices had...

Italy's consumer price inflation held steady in July, preliminary figures from the statistical office Istat showed Friday. The consumer price index rose 0.2 percent year-over-year in July, the same rate of increase as in June. It was the third successive monthly climb. On a monthly basis, consumer...

Slovenia's consumer prices dropped for the seventh straight month in July, figures from the Statistical Office of the Republic of Slovenia showed Friday. The consumer price index fell 0.4 percent year-over-year in July, slower than previous month's 0.7 percent decrease. Prices have been falling since...

Greece's retail sales increased in May after falling in the previous month, preliminary figures from the Hellenic Statistical Authority showed Friday. The volume of retail trade grew 4.2 percent annually in May, following a 1.8 percent decrease in April, which was revised down from 1.9 percent. In...

Spain's current account balance turned to a surplus in May from a deficit in the previous year, figures from Bank of Spain showed Friday. The current account balance showed a surplus of EUR 1.2 billion in May versus a deficit of EUR 0.3 billion in the corresponding month last year. The surplus...

The euro area unemployment rate remained unchanged in June at the lowest level seen since early 2012, Eurostat reported Friday. The jobless rate held steady at 11.1 percent in June, unchanged from May. This was the lowest rate recorded in the euro area since March 2012. The rate was forecast to...

Hong Kong's retail sales growth slowed unexpectedly in June, preliminary figures from the Census and Statistics Department showed Friday. The retail sales volume increased for the fifth straight month by 4.4 percent year-over-year in June, but slower than May's 4.7 percent growth, which was revised...

Italy's unemployment rate increased unexpectedly in June, the statistical office Istat revealed Friday. The jobless rate rose to a seasonally adjusted 12.7 percent from 12.5 percent in the previous month. It was forecast to fall to 12.3 percent in June. The number of unemployed totaled 3.233 million...

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