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Economy And The Numbers

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RBA-030315.jpg Australia's central bank is set to lower interest rates as early as April or May, economists said after the bank resisted calls for back-to-back easing by maintaining status quo on Tuesday. "At today's meeting the Board judged that, having eased monetary policy at the previous meeting, it was appropriate to hold interest rates steady for the time being," Reserve Bank of Australia said.

Consumer price inflation in the developed economies eased for the third straight month in January to its lowest level in more than five years, dragged down by further decline in energy prices, figures from the Organization for Economic Cooperation and Development, or OECD, revealed Tuesday. The consumer...

Investors' concerns about a possible euro area break-up reached its worst level since March 2013 despite a temporary solution reached on Greece last week, a survey conducted by the think tank Sentix showed Tuesday. The Euro Break-up Index (EBI) rose to 38 percent from 24.3 percent in January. The...

GermanyRetailSales-0303153.jpg Germany's retail sales growth accelerated unexpectedly in January to log its fastest gain in four-and-a-half years, boosting hopes of consumer spending cushioning economic growth. Retail sales annual growth improved for the second straight month in January, to 5.3 percent from 4.8 percent in December, data released by Destatis showed Tuesday.

Eurozone producer prices declined the most since November 2009 on falling energy prices, Eurostat reported Tuesday. Producer prices fell more-than-expected 3.4 percent on a yearly basis in January, following a 2.6 percent drop in December. This was the biggest fall since November 2009, when prices...

Romania's retail sales increased at the start of the year, figures from the National Institute of Statistics showed Tuesday. Retail sales excluding motor vehicles climbed a working-day and seasonally adjusted 1.6 percent month-on-month in January. Sales of food, beverages and tobacco grew 3.2...

The U.K. construction sector expanded strongly in February as new orders logged the steepest rise since October 2014, survey data from Markit showed Tuesday. The Chartered Institute of Procurement & Supply/Markit construction Purchasing Managers' Index rose to 60.1 in February from 59.1 in January....

Romania's producer prices declined at a faster pace at the beginning of the year, figures from National Institute of Statistics showed Tuesday. The producer price index fell 2.1 percent year-on-year in January, faster than December's 1.4 percent decline. Domestic market producer prices dropped...

Sweden's current account surplus in the fourth quarter remained almost unchanged, figures from Statistics Sweden showed Tuesday. The current account surplus came in at SEK 62.8 billion in the fourth quarter, widely unchanged from the surplus recorded in the same quarter of last year. In the third...

Hong Kong's retail sales declined more than expected in January, preliminary figures from the Census and Statistics Department showed Tuesday. The retail sales value fell 14.6 percent year-on-year in January after the revised 4 percent decline in December. This was more than the 6.1 percent fall expected...

Turkey's consumer price inflation accelerated at a faster-than-expected pace in February, after easing in the previous month, figures from Turkstat showed Tuesday. The consumer price index climbed 7.55 percent year-on-year in February, exceeding economists' expectations for a 7.42 percent increase....

Taiwan exports orders in December grew at a faster pace in January, but trailed the consensus estimate, figures from the Ministry of Economic Affairs showed Tuesday. Exports orders in U.S. dollars increased 8.1 percent year-on-year after the 4.5 percent growth in December. This was slower than the...

SwissGDP-030315.jpg Switzerland's economy grew more-than-expected in the fourth quarter with momentum underpinned by domestic spending and foreign demand for goods, data from the State Secretariat for Economic Affairs showed Tuesday. Gross domestic product advanced 0.6 percent from the third quarter, when it rose a revised 0.7 percent. Economists had forecast the growth rate to ease to 0.3 percent.

Germany's retail sales rose at a faster pace in January from the previous month, taking the annual growth to the highest level in four-and-a-half years , preliminary figures from Destatis showed Tuesday. Retail sales grew a seasonally adjusted 2.9 percent month-on-month in January, much faster than...

Switzerland's economy grew more than expected in the fourth quarter, data from the State Secretariat for Economic Affairs revealed Tuesday. Gross domestic product advanced 0.6 percent from the third quarter, when it was up by 0.7 percent. Economists had forecast the growth rate to ease to 0.3 percent. Private...

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