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Economy And The Numbers

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PendingHomeSales-052616.jpg With the South and West seeing sharp increases, the National Association of Realtors released a report on Thursday showing that U.S. pending home sales jumped much more than expected in April to their highest level in a decade. NAR said its pending home sales index surged up by 5.1 percent.

Durablegoods-052616.jpg Partly reflecting a jump in orders for commercial aircraft and parts, the Commerce Department released a report on Thursday showing that new orders for U.S. manufactured goods surged up by much more than expected in April. The Commerce Department said durable goods orders shot up by 3.4 percent.

joblessclaims-052616.jpg First-time claims for U.S. unemployment benefits decreased for the second straight week in the week ended May 21st, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 268,000.

A sharp slowdown of the Chinese economy remains a significant risk for the global economy and South Asia among challenges arising from uncertainties such as US rate hike and "Brexit", Reserve Bank of India Governor Raghuram Rajan said Thursday.

Partly reflecting a jump in orders for commercial aircraft and parts, the Commerce Department released a report on Thursday showing that new orders for U.S. manufactured goods surged up by much more than expected in April.

First-time claims for U.S. unemployment benefits decreased for the second straight week in the week ended May 21st, according to a report released by the Labor Department on Thursday.

The Bank of England plans to introduce additional capital requirements for big banks, according to the record of the Financial Policy Committee meeting held in May. The FPC recommended to set the threshold for systemic importance above which a non-zero systemic risk buffer rate would apply at GBP...

South Africa's producer price inflation eased for the second straight month in April, though slightly, figures from Statistics South Africa showed Thursday. The producer price index climbed 7.0 percent year-over-year in April, slower than March's 7.1 percent increase. In February, prices had risen...

UK mortgage approvals declined more-than-expected to its lowest level in over a year in April, after the stamp duty hike, figures from the British Bankers' Association said Thursday. The number of loans approved for house purchase declined sharply to 40,104 from 43,854 in March, revised from 45,096....

Bulgaria's money supply growth quickened in April, preliminary figures from the Bulgarian National Bank showed Thursday. M3, the broad measure of money supply climbed 8.0 percent year-over-year in April, faster than the 6.1 percent hike in the preceding month. Similarly, the annual growth in the...

Italy's retail sales declined for the first time in three months during March and at the fastest pace in nearly two years, data from ISTAT showed Thursday. Retail sales fell 0.6 percent from February, when they grew 0.3 percent. Sales were flat in January. The latest decline was the first since...

The U.K. economy expanded as initially estimated in the first quarter, the second estimates from the Office for National Statistics showed Thursday. Gross domestic product grew 0.4 percent in the first quarter from previous three months, unrevised from the estimate published on April 27. It was slower...

Hong Kong's exports decreased for the twelfth consecutive month in April, though at a slower-than-expected pace, figures from the Census and Statistics Department showed Thursday. The value of total exports of goods and services dropped 2.3 percent year-over-year in April, much slower than the 7.0...

Production in the Swiss industry and construction sectors rose for the first time in more than a year during the first quarter even as turnover declined, preliminary data from the Federal Statistical Office showed Thursday. The second sector output, which includes industry and construction, grew...

Sweden's producer prices declined at a faster pace in April, figures from Statistics Sweden showed Thursday. Producer prices decreased 4.2 percent on a yearly basis in April, following a 3.7 percent drop in March. Compared to March, producer prices declined 0.9 percent, when it rose 0.8 percent....

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