Economy And The Numbers

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Consumer prices in South Korea were up 1.1 percent on year in September, the government said on Wednesday - touching a seven-month low. That was well shy of forecasts for 1.4 percent, which would have been unchanged from the August reading. On a monthly basis, consumer prices were down 0.1 percent...

The Bank of Japan will on Wednesday release its quarterly Tankan survey of business sentiment, highlighting a busy day in Asia-Pacific economic activity. The large manufacturers' index is expected to show a score of 10 with an outlook of 13, down from 12 and 15, respectively in the previous three...

ConsumerConfidence-093014.jpg U.S. consumer confidence expectedly fell from 7-year highs in September amid concerns about the outlook for employment, the Conference Board reported Tuesday. After rising four consecutive months, the Conference Board's Consumer Confidence Index declined to 86.0 in September, down from an upwardly...

ChicagoPMI-093014.jpg Chicago-area manufacturing activity continued to expand in September, albeit at a slower pace than the previous month, according to a report from the Institute for Supply Management - Chicago. The Chicago PMI decreased 3.8 points to 60.5 in September, falling slightly short of expectations for a...

Romania's central bank on Tuesday cut its key interest rate for a second straight session to a record low amid slowing inflation and growth. The Board of the National Bank of Romania cut the monetary policy rate to a new record low 3 percent from 3.25 percent. The decision was in line with economists'...

U.S. home prices rose at an anemic pace in July, according to S&P/Case-Shiller's 20-city composite index released Tuesday. Home prices were up only 0.6 percent in July from the previous month, slower than the 1 percent rise in June. Analysts expected the index would rise by 1.1 percent on a non-seasonally...

UKflag-093014.jpg The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent.

EurozoneJobles-Inflation-093014.jpg Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent.

Denmark's economy grew in the second quarter instead of contracting as estimated earlier, revised figures from Statistics Denmark showed Tuesday. Gross domestic product grew 0.2 percent sequentially versus a 0.3 percent contraction reported on August 29. Data were adjusted to comply with the new...

Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...

Italy's inflation remained negative for the second straight month in September, provisional estimates from the statistical office Istat showed Tuesday. At the same time, the producer price index showed negative change over the last 18 consecutive months. Consumer prices dropped 0.1 percent year-on-year...

Norway's retail sales rose at a slower than expected rate in August, figures from Statistics Norway showed Tuesday. Retail sales increased 0.6 percent month-over-month in August. This was less than the 0.8 percent growth expected by economists. In July, retail sales had declined 1.5 percent. On...

The unemployment rate in the eurozone remained stable as expected in August, a report from Eurostat showed Tuesday. The jobless rate came in at 11.5 percent in August, the same rate as in July. This matched economists' expectations. In the corresponding month of the previous year, the unemployment...

Eurozone inflation slowed marginally in September as expected, flash data from Eurostat showed Tuesday. Inflation came in at 0.3 percent, down from 0.4 percent in August. It continues to stay below the European Central Bank's target of 'below but close to 2 percent'. Core inflation that excludes...

The unemployment rate in Italy decreased unexpectedly in August but jobless rate among youth was at a record-high, a report from the statistical office Istat showed Tuesday. The jobless rate fell to 12.3 percent in August from 12.6 percent in July. Economists had expected the jobless rate to remain...