logo

Economy And The Numbers

Share SHARE

Japan is scheduled to release a raft of data on Friday, setting the pace for an otherwise light day in Asia-Pacific economic activity. On tap are February numbers for inflation, household spending, unemployment and retail sales. Inflation is expected to rise 2.3 percent on year, easing from 2.4 percent...

Taiwan's central bank held its key interest rate unchanged for the fifteenth policy session in a row on Thursday, citing brighter economic outlook amid low inflation and improving labor market conditions. The Board of the Central Bank of the Republic of China (Taiwan) left its key rate unchanged at...

JoblessClaims-032615.jpg After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by more than expected in the week ended March 21st.

St. Louis Fed President James Bullard on Thursday said the Federal Reserve should normalize interest rates as the economy continues to improve. Speaking in Germany, Bullard stood by the Fed's decision last week to remove its pledge to remain patient before hiking interest rates. "By removing 'patient',...

UKRetailSales-032615.jpg British retail sales continued to expand in February at a faster-than-expected pace, suggesting strong support from domestic spending to economic growth in the first quarter. Retail sales increased at a faster pace of 0.7 percent in February from January, when it gained 0.1 percent, data from the Office for National Statistics revealed Thursday.

After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by more than expected in the week ended March 21st.

The Czech central bank held its key interest rate and currency ceiling steady for the nineteenth policy session in a row. The CNB Bank Board decided to keep the main two-week repo rate unchanged at 0.05 percent, the Czech National Bank said in a statement on Thursday. The discount rate was maintained...

Sweden's producer price inflation accelerated to its highest level in four months in February, Statistics Sweden showed Thursday. The producer price index rose 1.9 percent annually following a 0.2 percent gain in the previous month. In December, prices dropped 0.1 percent. The latest increase...

Sweden's trade surplus in February eased slightly from a year ago, remaining above economists' expectations, figures from Statistics Sweden showed Thursday. The visible trade surplus was SEK 4.6 billion, which was slightly below the SEK 4.8 billion in the same month last year. Economists had expected...

U.K. retail sales picked up in March after growth nearly halted in February, Distributive Trades survey from the Confederation of British Industry showed Thursday. The retail sales balance rose to 18 percent from 1 percent in February. Nonetheless, it was below expectations of 27 percent. Retailers...

The Philippine central bank decided to maintain its key rates unchanged on Thursday as the policy board assessed the current monetary settings as appropriate. The Monetary Board of the Bangko Sentral ng Pilipinas maintained the overnight borrowing rate at 4.00 percent and the overnight lending at...

Lending to the Eurozone private sector declined modestly in February, suggesting a gradual revival in euro area bank lending, data from the European Central Bank showed Thursday. Loans to businesses and households fell 0.1 percent annually, following a 0.2 percent drop in January, which was revised...

The KOF Swiss Economic Institute said the economy will expand only marginally this year and cautioned that the appreciation of the Swiss franc following the removal of the currency ceiling will weigh down heavily on the business cycle. In the Spring Forecast, the think tank said gross domestic product...

Hong Kong's export growth accelerated at a faster-than-expected pace in February, figures from the Census and Statistics Department showed Thursday. Exports climbed 7.2 percent year-over-year in February, much faster than January's 2.8 percent increase. Economists had expected a 3.0 percent growth...

GermanConsumer-032615.jpg German consumer confidence is set to improve further to its highest level in more than 13 years in April, as weak euro and low inflation function as mini stimulus to the economy, survey data from the market research group GfK showed Thursday. The forward-looking consumer sentiment index rose to 10 in April from 9.7 points in March. This was the highest score since October 2001.

Follow RTT