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Economy And The Numbers

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UK mortgage approvals increased slightly in May, figures published by the Bank of England showed Thursday. The number of mortgages approved in May totaled 65,202 compared to 65,051 in the previous month. Approvals were forecast to fall to 64,000. Total lending rose GBP 5.3 billion compared to April's...

UK car production declined in May as car makers adjust production schedules for new model introductions, the Society of Motor Manufacturers and Traders reported Thursday. Car output dropped 9.7 percent year-on-year to 136,119 units in May. Production for domestic market plunged 12.8 percent. Despite...

Sweden's retail sales growth eased in May after accelerating in the previous month, figures from Statistics Sweden showed Thursday. Retail sales rose a working-day-adjusted 2.4 percent year-over-year in May, slower than the 3.4 percent climb in April, which was revised down from a 4.5 percent gain...

Spain's inflation eased to a 7-month low in June, flash data from the statistical office INE showed Thursday. Consumer prices advanced 1.5 percent year-on-year in June, slower than the 1.9 percent increase seen in May. This was the weakest growth since November 2016 and below the expected rate of...

Singapore-MAS-062917.jpg Singapore's central bank said it is not yet time to ease the property cooling measures as interest rates remain low and investors consider property investment as safe. Property cooling measures are necessary, the Monetary Authority of Singapore Chief Ravi Menon said at the media conference on Thursday.

German consumer confidence is set to improve slightly in July, the market research group GfK said Thursday. The forward-looking consumer sentiment index rose 0.2 points to 10.6 in July. The expected score was 10.5. In June, all components of confidence index namely economic and income expectations...

Singapore's producer prices increased for the sixth consecutive month in May, though marginally, figures from the Department of Statistics showed Thursday. The manufactured product price index rose only 0.1 percent year-over-year in May, much slower than the 7.6 percent spike in April. The oil...

New home sales in Australia increased for the second straight month in May, the Housing Industry Association showed Thursday. Total home sales climbed 1.1 percent month-over-month in May, faster than the 0.8 percent rise in April. The total number of new detached house sales grew 2.2 percent over...

EEP5-091614_29Jun17.jpg Economic confidence from euro area and inflation from Germany are due on Thursday, headlining a busy day for the European economic news.

Dutch producer confidence improved in June after weakening in the previous month, figures from the Central Bureau of Statistics showed Thursday. The producer confidence index rose to 7.2 in June from 6.1 in May. In April, the score was 8.3. In June, entrepreneurs in the industry were mostly positive...

Business confidence in New Zealand strengthened notably in June to the strongest level in nine months, the latest survey from ANZ Bank showed Thursday. The business confidence index climbed to 24.8 in June from 14.9 in the previous month. Moreover, this was the highest score since September 2016....

Chile's Agricultural and Livestock Service (SAG) said in a statement that it would temporarily suspend imports of Colombian meat products after a foot-and-mouth disease outbreak in the department (state) of Arauca. "The SAG has already contacted the Colombian authorities to monitor the case, and better...

The industrial sector confidence index fell by 2.8 points in June from May to 89.5 points - the lowest level since February, with worsening assessments about the current and future scenario. The Current Situation Index (ISA) fell 2 points, to 87 points, while the Expectations Index (EI) decreased 3.6...

Brazil's center-south sugarcane crush for the 2017/2018 harvest was 9.62% down until June 16 compared to the same period a year ago, totaling 151.251 million tons, said the Union of Sugarcane Industry (Unica). Sugarcane crushing for the current harvest started in April. Total ethanol production reached...

The Brazilian economy is expected to grow in 2017, but at a slower pace than the previously expected 0.5%, said Finance Minister Henrique Meirelles. It is the second time this year that the government revises down the official forecast for Gross Domestic Product (GDP) growth. The initial estimate was...

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