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Economy And The Numbers

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Consumer prices in South Korea were up 1.0 percent on year in April, Statistics Korea said on Tuesday - in line with expectations and unchanged from the March reading. On a monthly basis, prices added 0.1 percent - also matching forecasts following the 0.3 percent decline in the previous month. Core...

China will on Tuesday see April results for the manufacturing PMI from Caixin, highlighting a busy day for Asia-Pacific economic activity. The index is expected to show a score of 49.8, up marginally from 49.7 in March but still shy of the boom-or-bust line of 50. China's National Bureau of Statistics...

constructionspending-050216.jpg Construction spending in the U.S. increased by less than expected in the month of March, the Commerce Department revealed in a report on Monday, although the report also showed a significant upward revision to spending in February.

Low interest rates are not a problem themselves, but they mirror the underlying problem of weak investment demand, European Central Bank President Mario Draghi said Monday. "There is a temptation to conclude that since very low rates generate these challenges, they are the problem. But they are not...

ismmanufacturing-050216.jpg Growth in U.S. manufacturing activity slowed by more than expected in the month of April, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index dipped to 50.8 in April from 51.8 in March.

Demand for German plant and machinery grew strongly in March, driven by a surge in foreign orders, figures from the German Engineering Federation, or VDMA, showed Monday. Engineering orders grew rose 18 percent year-on-year in March maid a 29 percent jump in demand from abroad. In contrast, domestic...

Eurozone growth momentum may not last if it is not backed by reforms, European Central Bank Executive Board member Benoit Coeure said Monday. Preliminary data released last week showed that euro area growth doubled to 0.6 percent in the first quarter. In an interview to France Inter radio, Coeure...

Norway's manufacturing activity deteriorated further in April, though at a slower pace than in the previous month, survey data from the Norwegian Association of Purchasing and Logistics(NIMA)and Danske Bank showed Monday. The Purchasing Managers' Index, or PMI, rose to 48.0 in April from 46.7 in the...

Swiss retail sales declined for the eighth consecutive month in March, figures from the Federal Statistical Office showed Monday. Retail sales fell an unadjusted 1.3 percent year-over-year in March, which was worse than the 0.4 percent drop in the previous month. A 0.2 percent decrease was initially...

Turkey's manufacturing activity deteriorated further in April, survey figures from Markit Economics showed Monday. The headline Istanbul Chamber of Industry Turkey Manufacturing Purchasing Managers' Index edged up to 48.9 in April from 48.8 in March. However, any reading below 50 indicates contraction...

Czech manufacturing growth eased for the third straight month in April, reflecting weaker expansions of output, new orders and stocks of purchases, survey figures from Markit Economics showed Monday. The purchasing managers' index, or PMI, fell to 53.6 in April from 54.3 in the previous month. However,...

Italy's manufacturing activity expanded at the fastest pace in four months in April, as output, new orders and exports all rose at faster rates, survey figures from Markit Economics showed Monday. The Markit/ADACI Italy Manufacturing Purchasing Managers' Index rose to 53.9 in April from 53.5 in April....

Eurozone manufacturing growth improved marginally in April, final data from Markit showed Monday. The factory Purchasing Managers' Index rose to 51.7 in April from 51.6 in March and above the flash score of 51.5. It was also over the long-run survey average of 51.4. Nonetheless, the reading was...

Spain's manufacturing sector continued to expand in April as production increased markedly, data from Markit revealed Monday. The Purchasing Managers' Index rose marginally to 53.5 in April from 53.4 in March. Business conditions have now improved in each of the past 29 months. The key factor...

Poland's manufacturing growth eased more-than-expected in April, as output and new orders grew at weaker rates, survey figures from Markit Economics showed Monday. The Purchasing Managers' Index, or PMI, fell to 51.0 in April from 53.8 in March. Economists had expected the index to fall slightly to...

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