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Economy And The Numbers

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Bank Indonesia is likely to cut its interest rates further before the end of this year due to the economy's poor growth prospects and the subdued outlook for inflation, Gareth Leather, an economist at Capital Economics, said. The Board of Governors of Bank Indonesia, led by Governor Agus Martowardojo,...

Germanbusinessentiments-092517.jpg German business sentiment dropped for the second straight month in September as companies were less satisfied with their current business situation and their short-term outlook, survey data from the Ifo Institute showed Monday. The business confidence index fell to 115.2 in September, while it was expected to remain unchanged at 115.9 seen in August.

The European Central Bank will review its policy toolbox and withdraw some of the temporary stimulus measures once inflation adjusts in a sustainable manner, ECB Executive Board member Yves Mersch said Monday. "Where necessary, some temporary measures will be rolled back," Mersch said in a speech...

There is a pocket of risk in the rapid growth of UK consumer credit, the Financial Policy Committee of the Bank of England said Monday. Lenders overall are placing too much weight on the recent performance of consumer lending in benign conditions as an indicator of underlying credit quality.

Germany's business confidence weakened in September, reports said citing survey results from Ifo Institute on Monday. The business confidence index fell to 115.2 in September. Economists had forecast the indicator to remain at August's initially estimated value of 115.9. The current situation...

Austria's economic growth eased slightly in the three months ended June, revised from a steady growth reported earlier, latest figures from the Austrian Institute of Economic Research/WIFO revealed Monday. Gross domestic product advanced 0.8 percent sequentially in the second quarter, in line with...

Austria's production index climbed notably in July from a year ago, data from Statistics Austria showed Monday. The production index that combines output of both industry and construction, climbed 5.7 percent year-on-year in July. Industrial output logged an annual growth of 5.9 percent and construction...

Czech economic sentiment strengthened for the third straight month in September to the highest level in eight months, survey data from the Czech Statistical Office showed Monday. The economic sentiment indicator climbed to 14.6 in September from 14.1 in August. Moreover, the latest reading was...

Spain's producer price inflation increased in August, figures from the statistical office INE showed Monday. Producer price inflation accelerated to 3.2 percent in August from 3 percent in July. Excluding energy, producer prices gained 2.1 percent after rising 2 percent in the previous month. Among...

Japan's government maintained its economic assessment for September, saying the economy is on a moderate recovery. In its monthly report, the Cabinet Office retained its view on private consumption, business investment, exports, industrial production, corporate profits and employment situation. The...

Singapore inflation eased in August on weak private road transport costs, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed Monday. Consumer prices climbed 0.4 percent year-on-year in August, slower than the 0.6 percent increase seen in July. Inflation was...

Finland's producer price inflation accelerated for the second straight month in August, though marginally, figures from Statistics Finland showed Monday. Producer prices for manufactured products climbed 3.8 percent year-over-year in August, just above the 3.7 percent increase in July. The measure...

Japan's leading index decreased less than initially estimated in July, latest data from the Cabinet Office showed Monday. The leading index, which measures the future economic activity, dropped to 105.2 in July from 105.7 in June. The reading for July was revised up from 105.0. The coincident index...

EEP18-011515_25Sep17.jpg Business sentiment from Germany is due on Monday, headlining a light day for the European economic news.

Colcap, the main index of the Colombian Stock Exchange, rose 0.15% to close at 1,486.15 points Friday, boosted by Bancolombia and Avianca. During the week, however, the Colombian market fell 0.45%. Andrés Fonseca, an analyst at Alianza Valores, said that a court ruling that favored Avianca in a litigation...

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