logo

Economy And The Numbers

Share SHARE

Producer prices in Japan were up 0.4 percent on year in July, the Bank of Japan said on Thursday. That beat expectations for an increase of 0.1 percent following the 0.2 percent gain in June. On a monthly basis, process also jumped 0.4 percent following the flat reading in the previous month. Among...

Japan will on Thursday release July numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to add 0.1 percent on year after gaining 0.2 percent in June. Hong Kong will provide July figures for imports, exports and trade balance. In June,...

ExistingHomeSales-082416.jpg Existing home sales in the U.S. tumbled by much more than anticipated in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped 3.2 percent to an annual rate of 5.39 million in July.

Belgium's business confidence sharply deteriorated in August, after two months of improvement, survey figures from the National Bank of Belgium showed Wednesday. The business confidence index plunged to -3.1 from 1 in July. Economists had expected a modest decline to 0.8. Weakness was witnessed...

Brazil consumer confidence rose to its highest level since early 2015 in August, survey data from the think tank IBRE showed Wednesday. The consumer confidence index climbed to 79.3 from 76.7 in July. The reading rose for a fourth consecutive month and the score was the highest since January...

Poland's unemployment rate continued to decline in July, data from the statistical office showed Wednesday. The registered unemployment rate dropped to 8.6 percent from 8.8 percent in June. The decrease was in line with economists' expectations. The jobless rate has steadily decreased since March.

Iceland's central bank cut its key interest rate for the first time since 2014 as inflation is expected to remain below target. The Monetary Policy Committee of the Central Bank of Iceland decided to reduce the rate on seven-day term deposits to 5.25 percent from 5.75 percent. This was the first...

Germany-GDP-082416.jpg Germany's economy expanded in the second quarter on the back of foreign trade and spending, providing support to overall euro area expansion, which was weighed down by flat growth in France and Italy ahead of "Brexit" vote.Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with the preliminary estimate, but slower than the 0.7 percent expansion seen in the March quarter.

South Africa's inflation eased more-than-expected in July to its lowest level in seven months, figures from the statistical office showed Wednesday. The consumer price index rose 6 percent year-on-year following 6.3 percent increase in June, the Statistics South Africa said. Economists had forecast...

U.K. mortgage approvals declined to the lowest level since early 2015, the British Bankers' Association reported Wednesday. The number of mortgages approved in July dropped more-than-expected to 37,662 in July from 39,763 in June. This was the lowest since January 2015, when approvals totaled...

Norway's unemployment rate increased slightly in June, the labor force survey from Statistics Norway showed Wednesday. The jobless rate rose to 4.8 percent in June from 4.7 percent in March. Economists had expected the rate to remain unchanged at 4.7 percent. The number of unemployed increased...

Czech economic sentiment increased further in August to the strongest level in six months, figures from the Czech Statistical Office showed Wednesday. The composite leading indicator climbed to 12.0 in August from 10.3 in July. In June, the score was 10.2. The latest reading was the highest since...

Finland's producer prices declined at a faster pace in July, figures from Statistics Finland showed Wednesday. The producer price index fell 3.8 percent year-over-year in July, which was worse than the 3.4 percent decrease in June. The measure has been falling since August 2013. The fall in the...

Germany's economy continued to expand in the second quarter but the pace growth eased as estimated, detailed report from Destatis showed Wednesday. Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with preliminary estimate, and slower than the 0.7 percent expansion seen in the...

The leading index for Japan, which measures the future economic activity, increased in June instead of a stable reading reported initially, latest figures from the Cabinet Office showed Wednesday. The leading index rose to 99.2 in June from 98.4 in the previous month. The June figure was revised up...

Follow RTT