Economy And The Numbers

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Japan's government downgraded its economic view for the second month in a row in its monthly report released Tuesday. In the latest October report, the Cabinet Office said the economy is on a moderate recovery, while weakness can be seen recently. This compares with its view last month that the...

Greece's current account surplus for August increased from the same month last year, figures from the Bank of Greece showed Tuesday. The current account surplus rose to EUR 1.8 billion from EUR 1.2 billion a year ago. This increase was mainly due to higher services surplus in August. The surplus...

The U.K. budget deficit increased in September from last year, data published by the Office for National Statistics showed Tuesday. Public sector net borrowing excluding interventions totaled GBP 11.8 billion in September, an increase of GBP 1.6 billion from the same period of last year. This increase...

Hong Kong's consumer price inflation rose more-than-expected in September, figures from the Census and Statistics Department showed Tuesday. The consumer price index rose 6.6 percent year-on-year following a 3.9 percent climb in August. Economists had forecast a 6.2 percent increase. The larger...

Hungary's employee wage growth slowed notably in August from a year ago, figures from the Hungarian Central Statistical Office showed Tuesday. Gross earnings rose 2.2 percent year-on-year in August, slower than July's 3 percent rise. In June, earnings went up 3.7 percent. Net earnings also increased...

South Africa's leading business cycle indicator rose in August after holding steady in July, data from the South African Reserve Bank showed Tuesday. The composite leading business cycle indicator climbed 0.8 percent month-on-month o 100.5. The July reading was revised down to 99.7, same as in June,...

Switzerland's money supply growth increased in September, the Swiss National Bank reported Tuesday. M3, the broad measure of money supply, grew 3.4 percent year-on-year in September after rising 3.3 percent in August. Likewise, annual growth in the narrow measure, M1 rose to 2.9 percent from 2.8...

A leading indicator of India's economy recovered in September, data from the Conference Board showed Tuesday. The Conference Board leading economic index rebounded by 0.9 percent month-over-month in September following a 1.2 percent drop in August. Seven out of the eight sub-indices contributed...

The unemployment rate in Finland rose more than expected in September, figures from Statistics Finland showed Tuesday. The jobless rate increased to 8.2 percent in September from 7.6 percent in the same month of the previous year. Economists had expected the unemployment rate to rise to 7.9 percent. The...

The Switzerland's trade surplus increased in September, data from the Swiss Federal Customs Administration showed Tuesday. The trade surplus rose to CHF 2.45 billion in September from around CHF 1.3 billion in August. The expected level was CHF 2.49 billion. Exports climbed 2.2 percent to CHF 17.52...

Japan's all industry activity declined at a slower rate in August, in line with the consensus estimate, figures from the the Ministry of Economy, Trade and Industry showed Tuesday. The all industry activity index fell 0.1 percent month-over-month in August following the 0.4 percent drop in July. This...

China-GDP-102114.jpg The Chinese economy logged its weakest expansion since early 2009 in the third quarter as slowdown in investment, particularly in the property sector, continued to drag the recovery. Gross domestic product grew 7.3 percent in the third quarter from a year ago, slower than the 7.5 percent expansion seen a quarter ago, the National Bureau of Statistics reported Tuesday.

EEP-102114.jpg Public sector finance from the U.K. is the major report due on Tuesday, headlining a light day for the European economic news.

China's gross domestic product expanded 7.3 percent on year in the third quarter of 2014, the government said on Tuesday - topping expectations for an increase of 7.2 percent but slowing from 7.5 percent in Q2. On an annualized quarterly basis, GDP was up 1.9 percent - also beating forecasts for 1.8...

China is scheduled to release a raft of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q3 numbers for gross domestic product, as well as September figures for industrial production, retail sales and fixed asset investment. GDP is expected to add 1.8 percent...