Economy And The Numbers

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The unemployment rate in Hungary eased for a fifth consecutive month in March to its lowest level in more than five years, the figures from the Hungarian Central Statistical Office showed Friday. The jobless rate fell to 8.3 percent in the three months to March from 8.6 percent in the three months...

South Korea's consumer confidence index remained unchanged for a second straight month in April, a survey from the Bank of Korea showed Friday. The consumer sentiment index showed a score of 108 in April, same as in March and February. Consumers' view on the current living standards increased with...

The pace of decline in Spain's industrial producer prices eased in March, figures from the statistical office INE showed Friday. Producer prices fell 1.2 percent year-on-year, following a 2.9 percent slump in February, which was the biggest fall since October 2009. The latest annual decline is...

Malaysia's unemployment rate declined slightly in February, figures from the Department of Statistics Malaysia showed Friday. The unemployment rate decreased slightly to 3.2 percent in February from 3.3 percent in January. A year ago, the jobless rate was 3 percent. This decline was due to the...

Ratings agency Standard & Poor's cut Russia's credit rating to 'BBB-' from 'BBB' on Friday, citing the risk of marked deterioration in external financing. The downgrade comes amid the continued escalation in the Ukraine crisis. S&P last lowered Russia's rating in December 2008. The agency said...

Singapore's industrial production increased annually in March, but at a slower rate than in the previous month, a report released by the Economic Development Board, Singapore showed Friday Industrial production advanced 12.1 percent year-on-year in March, following a 13.1 percent climb in February....

EEP-042514.jpg Retail sales and mortgage approvals data from the U.K. are the highlights on Friday with no major reports due from the rest of Europe. On the credit ratings front, Standard & Poor's is set to announce the rating review of the European Financial Stability Facility (EFSF), France, Russia and Cyprus on Friday.

japanexports-112510.jpg Overall inflation for the Tokyo region, considered a leading indicator for the nationwide trend, spiked 2.9 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was slightly below expectations for 3.0 percent but up sharply from 1.3 percent in March - perhaps finally signaling an end to the deflation that has hampered the nation for more than 15 years, although the recently implemented consumption tax hike also is likely a factor.

Nationwide consumer prices in Japan were up 1.6 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and up from 1.5 percent in February. Core CPI, which strips out the volatile costs of food, added an annual 1.3 percent - unchanged...

Japan will on Friday release March numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. Overall nationwide CPI is expected to hold steady at 1.5 percent, while core inflation is tipped to rise to 1.4 percent from 1.3 percent in February. Consumer prices in Tokyo...

Georgia's foreign trade deficit for the first quarter widened from a year ago, preliminary figures from the National Statistics Office of Georgia showed Thursday. The foreign trade deficit increased to $1.131 billion in the first quarter from $1.014 billion in the same period last year. Exports grew...

DurableGoods-042414.jpg After reporting a bigger than expected increase in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday that once again showed stronger than expected durable goods orders growth in the month of March. The report said durable goods orders surged up by 2.6 percent in March after jumping by a revised 2.1 percent in February.

Italy's non-EU trade surplus in March increased from last year, data from the statistical office Istat showed Thursday. The trade surplus advanced to EUR 2.70 billion in March from EUR 2.53 billion last year. In February, the country logged a surplus of EUR 1.37 billion, while there was a deficit...

JoblessClaims-042414.jpg First-time claims for U.S. unemployment benefits rose by more than expected in the week ended April 19th, according to a report released by the Labor Department on Thursday, with initial jobless claims climbing further off their recent lows. The report said initial jobless claims rose to 329,000, an increase of 24,000 from the previous week's revised figure of 305,000.

MarioDraghi-042414.jpg European Central Bank President Mario Draghi said on Thursday that any worsening of the euro area inflation outlook may prompt the bank to adopt a broad-based asset buying scheme. "Unlike the other contingencies, the objective here would not be to defend the current stance, but rather to increase meaningfully the degree of monetary accommodation," Draghi said in a speech in Amsterdam.