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Economy And The Numbers

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Growth in Eurozone export volumes may accelerate in the coming months despite the appreciation of the euro this year, Jack Allen, an economist at Capital Economics, said. The seasonally-adjusted goods trade surplus rose from EUR 21.0 billion in August to EUR 25 billion in September, leaving the surplus...

Major European-based companies were positive about the global business outlook, according to a new survey commissioned by the European Round Table of Industrialists. The first ERT CEO Economic Confidence Survey, conducted by the Centre for European Economic Research, or ZEW, showed that nearly 80...

Australia's wage growth is likely to continue its slowing trend in the near term, Simon Murray, an economist at Westpac Institutional Bank, said November 16. The wage price index rose 0.5 percent sequentially in the third quarter, the same rate of increase as in the previous quarter. "The result...

Chile's central bank is unlikely to loosen monetary policy over the next three to six months, as policymakers expect inflation to fall short of expectations in the short term, Neil Shearing, an economist at Capital Economics, said. The Board of the Central Bank of Chile had decided to keep the monetary...

Reserve Bank of Australia's Head of Financial Stability Jonathan Kearns, said purchases and financing by foreigner investors and banks have been prominent in the current commercial property cycle. The bank is well aware about the impact of such financing but the increased purchases of dwellings by...

Conditions are in place for a pick-up in Australia's economic growth to above-trend rates, the International Monetary Fund said. Concluding the Article IV mission, IMF staff said, "The pickup in growth is likely to be modest." Meanwhile, inflation and wages will be slow to rise. Household consumption...

Germany's producer price inflation eased in October, in line with expectations, data from Destatis showed Monday. The producer price index climbed 2.7 percent year-over-year in October, slower than the 3.1 percent rise in September. The price index for intermediate goods increased the most by 4.1...

Estonia's producer price inflation eased further in October, figures from Statistics Estonia showed Monday. Producer prices climbed 3.7 percent year-over-year in October, slower than the 4.5 percent rise in the previous month. The price index for the manufacturing sector grew 4.5 percent annually...

Producer price data from Germany is due on Monday, headlining a light day for the European economic news.

ThailandGDP-112017.jpg Thailand's economy grew at the fastest pace in more than four years in the third quarter, largely driven by foreign demand and tourism. Gross domestic product expanded 4.3 percent year-on-year, bigger than the revised 3.8 percent growth posted a quarter ago, data from the National Economic and Social Development Board showed Monday.

Singapore's domestic wholesale trade decreased at a faster rate in the three months ended September, figures from the Department of Statistics showed Monday. At current prices, domestic wholesale sales fell a seasonally adjusted 3.7 percent sequentially in the third quarter, well above the 0.2 percent...

New Zealand's service sector activity continued to expand strongly in October, survey figures from Business NZ showed Monday. The performance of services index, or PSI, dropped to 55.6 in October from 55.9 in September. However, any reading above 50 indicates expansion in the sector. "These are...

Thailand's economy grew at a faster pace in the third quarter, data from the National Economic and Social Development Board showed Monday. Gross domestic product expanded 4.3 percent year-on-year, bigger than the 3.8 percent growth posted a quarter ago. The economy was forecast to grow 3.9 percent. Quarter-on-quarter,...

The squeeze on UK household finances sharpened in November, data compiled each month by IHS Markit, using data collected by Ipsos MORI, showed Monday. The seasonally adjusted household finance index fell to 43.4 in November from 43.8 in the previous month. A score below 50 suggests pessimism regrading...

japanexports-112510.jpg Japan posted a merchandise trade surplus of 285.385 billion yen in October, the Ministry of Finance said on Monday - down 40.7 percent on year. The headline figure was shy of expectations for a surplus of 330.0 billion yen and was down from 670.17 billion yen in September. Exports climbed 14.0...

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