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Economy And The Numbers

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Estonia's industrial production growth eased considerably at the start of the year, data from Statistics Estonia showed Thursday. Industrial production rose a working-day-adjusted 1.8 percent year-on-year in January, much slower than December's 8.0 percent climb. Production has been increasing since...

The Reserve Bank of New Zealand said on Thursday that it is consulting on possible new rules for property investors within its capital adequacy. The bank said that this consultation will go on for a month and close on April 7 once the bank settles upon a definition. The bank added that it proposes...

China target to achieve economic growth of about 7 percent in 2015, Premier Li Keqiang said at the annual legislative session on Thursday. In 2014, the government had targeted about 7.5 percent growth. The actual growth in 2014 came in at 7.4 percent, which was the weakest since 1990. The budget...

Reserve Bank of Australia's deputy governor Philip Lowe said on Thursday that the interest rate cut is less effective in spurring the economy than in the past, but it led to weakened exchange rate and encouraged housing construction. Talking about the effects of the monetary policy easing, he said...

Industrial production in Brazil increased, as expected, at the start of the year, figures from the statistical office IBGE showed Wednesday. Industrial production rose a seasonally adjusted 2.0 percent in January, in line with economists expectations. In December, production declined 3.2 percent,...

Consumer prices inflation in the Philippine quickened marginally as expected, data from the National Statistics Office of Philippines showed Thursday. Consumer prices rose 2.5 percent year-over-year in February after the 2.4 percent increase in January. This was in line with the consensus estimate. Heavily...

trade.jpg Australia posted a merchandise trade deficit of A$980 million in January, the Australian Bureau of Statistics said on Thursday - representing a deficit increase of A$477 million or 95 percent decline over the previous month. The headline figure missed forecasts for a shortfall of A$925 million following...

The U.S. economic recovery continued early in 2015 despite a stronger dollar, plunging crude oil prices and an unusually cold winter weather, according to the Federal Reserve's Beige Book. The Beige Book, published by Fed ahead of policy meetings, surveys businesses on the economic conditions from...

ismnon-030415.jpg Activity in the U.S. service sector unexpectedly grew at a slightly faster rate in the month of February, according to a report released by the Institute for Supply Management on Wednesday.

MarioDraghi-ECB-030415.jpg The European Central Bank on Thursday is set to detail its historic $1.1 trillion quantitative easing plan announced in January and present its latest batch of growth and inflation forecasts for the euro area, after what is likely to be an otherwise uneventful rate-setting session now that the drama...

Activity in the U.S. service sector unexpectedly grew at a slightly faster rate in the month of February, according to a report released by the Institute for Supply Management on Wednesday.

ADP-030415.jpg Payroll processor ADP released a report on Wednesday that once again showed solid private sector job growth above 200,000 jobs in the month of February, although the pace of growth saw a notable slowdown compared to the previous month.

U.S. mortgage applications were basically flat last week despite a modest drop in interest rates, according to the Mortgage Bankers Association (MBA). The MBA's seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.1 percent in...

Payroll processor ADP released a report on Wednesday that once again showed solid private sector job growth above 200,000 jobs in the month of February, although the pace of growth saw a notable slowdown compared to the previous month.

India's Chief Economic Advisor Arvind Subramanian said global rating agencies should upgrade the sovereign ratings of the country. After the Reserve Bank of India cut its key rates early Wednesday, the economic adviser said, "If the outlook is looking good, the rating agencies should draw their lessons...

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