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Economy And The Numbers

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Economic growth in the developed economies showed in the fourth quarter, the Organization for Economic Cooperation and Development said Monday. Real GDP growth in the OECD area decelerated to 0.4 percent from 0.5 percent in the third quarter, provisional estimates showed. Among major seven economies,...

Brazil's business confidence weakened in February after improving in the previous month, preliminary figures from the Getulio Vargas Foundation, or FGV showed Monday. The index measuring confidence in the industrial sector dropped to 87.2 in February from 89.0 in January. In December, the reading...

Total orders for UK-manufactured goods reached a two-year high in three months to February, the Industrial Trends Survey from the Confederation of British Industry showed Monday. The order book balance rose to 8 percent in three months to February, the highest since February 2015. However, the export...

Spain's foreign trade gap widened in December from a year ago, as imports grew faster than exports, figures from the Economy Ministry showed Monday. The trade deficit rose to EUR 2.45 billion in December from EUR 1.6 billion in the corresponding month last year. Merchandise exports climbed 2.9...

SG-Budget2017-022017.jpg Singapore Finance Minister Heng Swee Keat announced a smaller budget surplus for the financial year ending March 31, 2018 in the annual budget on Monday. The budget position is prudent as expenditure is forecast to continue rising in the long term, he told lawmakers. A budget surplus of S$1.9 billion, or 0.4 percent of GDP, is expected in the fiscal 2017.

Slovenia's consumer confidence worsened in February, after improving in the previous three months, figures from the Statistical Office of the Republic of Slovenia showed Monday. The seasonally adjusted consumer confidence index fell to -9.0 in February from -3.0 in January. The measure of consumers'...

Hong Kong's unemployment rate remained unchanged for a second time in the three months to January, figures from the Census and Statistics Department showed Monday. The seasonally adjusted unemployment rate was 3.3 percent, unchanged from the December quarter. In the three months to November, the...

Denmark's consumer confidence strengthened for a second straight month in February as households' expectations regarding the national as well as personal economic situation improved further, survey data from Statistics Denmark showed Monday. The consumer confidence index rose to 4.8 from 4.5 in January....

Thai-GDP-022017.jpg Thailand's economic growth eased to a one-year low, as expected, in the fourth quarter of 2016, reflecting weak private consumption, figures from the National Economic and Social Development Board revealed Monday. Gross domestic product climbed 3 percent year-on-year, slower than the 3.2 percent expansion seen in the third quarter. This was the slowest growth since the fourth quarter of 2015, wh

Turkey's consumer confidence weakened in February, after improving in the previous month, figures from the Turkish Statistical Institute showed Monday. The consumer confidence index dropped to 65.7 in February from 66.9 in January. In December, the reading was 63.4. Households' financial situation...

Finland's consumer price inflation eased for the first time in five months in January, figures from Statistics Finland showed Monday. The consumer price index rose 0.8 percent year-over-year in January, slower than the 1.0 percent increase in December, which was the highest inflation rate since November...

Germany's producer prices climbed at the fastest pace in nearly five years in January, data from Destatis showed Monday. Producer prices climbed 2.4 percent year-on-year in January, following a 1 percent increase in December. This was the third consecutive rise in prices and the fastest since...

New Zealand's service sector activity expanded at the fastest pace in nearly one-and-a-half years in January, survey figures from Business NZ showed Monday. The performance of services index, or PSI, climbed 59.5 in January from 58.5 in December. Any reading above 50 indicates expansion in the sector. Moreover,...

Dutch consumer confidence strengthened further in February to the strongest level in nine-and-a-half years, while spending growth eased slightly in December, figures from the Central Bureau of Statistics showed Monday. The seasonally adjusted consumer confidence index rose to 14.0 in February from...

The Office for Budget Responsibility is likely to deliver some rare good news to the UK Chancellor by revising down its forecast for budget deficit in the current fiscal year, a report from the EY ITEM Club showed Monday. The OBR is set to revise down the forecast for the U.K. public sector net borrowing...

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