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Economy And The Numbers

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Brazilian state-owned oil company Petrobras met its production target for the third consecutive year by reaching a record volume of 2.15 million barrels of oil per day (bpd) in 2017, a 0.4% increase from 2016. The company aimed to produce 2.07 million bpd last year. Abroad, Petrobras' average oil...

Japan will on Wednesday release November numbers for core machine orders, highlighting a modest day for Asia-Pacific economic activity. Machine orders are expected to sink 1.2 percent on month and 0.5 percent on year. That follows the 5.0 percent monthly increase and the 2.3 percent yearly gain in...

The 2017 Colombian crude oil production reached 854,121 barrels per day (bpd) on average, remaining above the 840,000 thousand barrels per day target set by the medium-term fiscal plan, said the country's Ministry of Mines and Energy. During December 2017, Colombia's oil output rose 2.3% over November...

The technical report from the Brazilian Finance Ministry against the adoption of antidumping measures to steel imports from China and Russia is "awkward," said the Brazilian Steel Institute (IABr), which represents the country's steelmakers. The IABR says that it is "strange" that the government...

Former Brazilian president Luiz Inácio Lula da Silva, arguably the most prominent and controversial politician in the country, wants to run for office again this year, but a trial next week could jeopardize his campaign and dictate the local stock market direction. In July 2016, Lula was sentenced...

Growth in activity in the New York manufacturing sector slowed in the month of January, according to a report released by the Federal Reserve Bank of New York on Tuesday.

Poland's core inflation was unchanged in December after accelerating in the previous month, figures from the National Bank of Poland showed on Tuesday. The consumer price index net of food and energy prices rose 0.9 percent on year, the same rate as seen last month. Economists were looking for a gain...

Telegram-ICO-011618.jpg Private messaging app Telegram is planning a $1.2-billion Initial Coin Offering or ICO. The messaging app, with more than one hundred and seventy million monthly users, a

Italy's trade surplus decreased in November, figures from the statistical office Istat showed Tuesday. The trade surplus totaled EUR 4.83 billion versus EUR 4.98 billion in October. In the corresponding period of 2016, the surplus was EUR 4 billion. The annual growth in exports slowed to 9.7 percent...

The unemployment rate in the Organization for Economic Cooperation and Development area remained stable in November, data showed Tuesday. The OECD said the jobless rate came in at 5.6 percent in November, the same rate as seen in October. The jobless rate among youth aged below 24 increased to...

Inflation-UK-011618.jpg UK inflation slowed for the first time in six months in December, on air fares and recreational goods costs, official data showed Tuesday. Inflation eased to 3 percent in December from 3.1 percent in November, the Office for National Statistics reported. The rate came in line with expectations and was the first decrease in six months.

Portugal's producer price inflation eased in December after accelerating in the previous month, figures from Statistics Portugal revealed Tuesday. Producer prices climbed 2.4 percent year-on-year in December, slower than the 3.2 percent increase seen in the previous month. Excluding energy, producer...

Ireland's unemployment rate decreased for the third straight month in December, data from the Central Statistics Office showed Tuesday. The seasonally adjusted unemployment rate declined to 6.2 percent in December from revised 6.4 percent in October. This was the lowest since May 2008, when the rate...

Ireland's consumer price inflation eased for the second straight month in December, though marginally, data from the Central Statistics Office showed Tuesday. The consumer price index climbed 0.4 percent year-over-year in December, just below the 0.5 percent increase in November. The measure has been...

Croatia's consumer price inflation eased in December after remaining stable in the previous two months, figures from the Croatian Bureau of Statistics showed Tuesday. The consumer price index climbed 1.2 percent year-over-year in December, slower than November's 1.4 percent increase. The measure has...

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