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Economy And The Numbers

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The United States pressed China to let its exchange rate be determined by market forces and refrain from competitive devaluation when G20 finance ministers and central bank chiefs from the world's top 20 economies gathered in Turkey. "China should allow its exchange rate to reflect underlying fundamentals,...

Mexico's consumer confidence weakened for a second straight month in August to its lowest level in six months, survey figures from the statistical office INEGI showed Friday. The consumer confidence index dropped to 90.4 from 92.2 in July. Economists had expected the index to remain unchanged at July's...

Nonfarmpayroll-090415.jpg While the Labor Department released a report on Friday showing much weaker than expected U.S. job growth in the month of August, the unemployment rate still fell to a new seven-year low. The Labor Department said non-farm payroll employment climbed by 173,000 jobs in August.

While the Labor Department released a report on Friday showing much weaker than expected U.S. job growth in the month of August, the unemployment rate still fell to a new seven-year low.

Jeffrey Lacker, president of the Richmond Fed, wants to raise interest rates no matter what the August jobs report tells us. "I am not arguing that the economy is perfect, but nor is it on the ropes, requiring zero interest rates to get it back into the ring," Lacker said in a speech in Richmond Friday...

Croatia's economy grew for the third straight quarter in the three months ended June, at a faster pace, preliminary data from the Croatian Bureau of Statistics showed Friday. Gross domestic product rose a non-seasonally adjusted 1.2 percent year-on-year in the second quarter, following 0.5 percent...

Malta's economic growth accelerated for the fourth straight quarter in the three months ended June, preliminary figures from the National Statistical Institute showed Friday. Gross domestic product in real terms advanced 5.2 percent year-over-year in the second quarter, faster than previous quarter's...

European Central Bank Governing Council member Ewald Nowotny said Thursday euro area inflation may fall back into negative zone in coming months. The ECB had lowered its growth and inflation forecasts on Thursday. The bank trimmed its inflation forecast for this year to 0.1 percent from 0.3 percent. ECB...

Bulgaria's economic growth improved as estimated in the three months ended June, latest figures from the National Statistical Institute showed Friday. Gross domestic product advanced 2.2 percent year-over-year in the second quarter, confirming the flash data, faster than previous quarter's 2.0 percent...

Romania's economic growth eased less than initially estimated in the second quarter, latest figures from the National Institute of Statistics showed Friday. Gross domestic product rose an unadjusted 3.3 percent year-over-year in the three months ended June, revised up from a 3.2 percent increase reported...

Hungary's economic growth slowed in the three months ended June as initially estimated, latest figures from the Hungarian Central Statistical Office showed Friday. Gross domestic product rose an unadjusted 2.7 percent year-over-year in the second quarter, confirming the flash data. But, which was...

New car registrations in the U.K. rose for the forty-second consecutive month in August, figures from the Society of Motor Manufacturers and Traders showed Friday. The total new car registrations climbed notably by 9.6 percent year-over-year in August to 79,060 units. In the corresponding month last...

Germany's construction activity expanded at the slowest pace in seven months in August, data from Markit showed Friday. The seasonally adjusted Purchasing Managers' Index fell to 50.3 in August from 50.6 in July. This was the least marked increase in seven months. A reading above 50 indicates expansion....

Germanfactoryordrs-090415.jpg Germany's factory orders declined most in six months on weak foreign bookings in July, while domestic demand remained robust. Factory orders dropped 1.4 percent in July from a month ago, which was the biggest fall since January when they slid 2.6 percent, data from Destatis revealed Friday.

Sweden's industrial production declined unexpectedly in July, preliminary figures from Statistics Sweden showed Friday. Industrial production slid a seasonally adjusted 3.0 percent month-on-month in July, confounding economists' expectations for an increase of 0.3 percent. In June, production had...

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