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Economy And The Numbers

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The U.K. factory activity contracted for the first time in three years in April, survey data from Markit showed Tuesday. The Chartered Institute of Procurement & Supply Purchasing Managers' Index fell unexpectedly to 49.2 in April from revised 50.7 in March. It was forecast to rise to 51.2 from March's...

Hungary's merchandise trade surplus for February was revised down, final data from the Hungarian Central Statistical Office showed Tuesday. The final trade surplus for February was EUR 978 million, which was lower than the EUR 979.2 million preliminary estimate reported on April 8. Exports rose...

Turkey's consumer price inflation slowed to the lowest level since May 2013, figures from the Turkish Statistical Institute showed Tuesday. Consumer prices increased 6.57 percent year-on-year in April, slower than the 7.46 percent rise seen in March. Economists had forecast inflation to slow to 6.9...

The European Commission has revised down Italy's growth forecast for this year and expects the country's budget deficit to be higher than the government's forecast, the Italian daily La Stampa reported Tuesday, citing the draft of the EU forecasts to be released later in the day. The executive arm...

Swiss consumer confidence eased slightly in April, survey results from the State Secretariat for Economic Affairs showed Tuesday. The consumer sentiment index fell marginally to -15 in April from -14 in January. It was forecast to improve to -12. The four sub-indices used to calculate the consumer...

AUSInt-050316.jpg Australia lowered its key rate unexpectedly by 25 basis points on Tuesday as inflationary pressures were weaker than forecast. The board of the Reserve Bank of Australia governed by Glenn Stevens reduced its benchmark cash rate to a record low 1.75 percent from 2.00 percent, effective May 4.

Ireland's manufacturing sector expanded at the slowest pace since late 2013, survey data from Markit showed Tuesday. The Investec Purchasing Managers' Index fell to 52.6 in April from 54.9 in the previous month. A reading above 50 indicates expansion. Although the reading suggested that activity...

Australia lowered its key rate unexpectedly by 25 basis points on Tuesday as inflationary pressures were weaker than projected. The Board of Reserve Bank of Australia reduced its benchmark cash rate to 1.75 percent from 2.00 percent, effective May 4. This was the first reduction since May 2015,...

Malaysia's manufacturing conditions worsened at the sharpest pace since last November, survey data from Markit showed Tuesday. The headline Nikkei manufacturing Purchasing Managers' Index fell to 47.1 in April from 48.4 in March. The latest figure was the lowest in five months. Any figure greater...

The manufacturing sector in China remained in contraction in April, and at an accelerated pace, the latest survey from Caixin revealed on Tuesday with a Performance of Manufacturing Index score of 49.4. That missed forecasts for 49.8, and it was down from 49.7 in March. It also moved further beneath...

The total number of building approvals issued in Australia was up a seasonally adjusted 3.7 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at 19,371. That beat forecasts for a decline of 2.0 percent following the 3.1 percent gain in February. Private...

Consumer prices in South Korea were up 1.0 percent on year in April, Statistics Korea said on Tuesday - in line with expectations and unchanged from the March reading. On a monthly basis, prices added 0.1 percent - also matching forecasts following the 0.3 percent decline in the previous month. Core...

China will on Tuesday see April results for the manufacturing PMI from Caixin, highlighting a busy day for Asia-Pacific economic activity. The index is expected to show a score of 49.8, up marginally from 49.7 in March but still shy of the boom-or-bust line of 50. China's National Bureau of Statistics...

constructionspending-050216.jpg Construction spending in the U.S. increased by less than expected in the month of March, the Commerce Department revealed in a report on Monday, although the report also showed a significant upward revision to spending in February.

Low interest rates are not a problem themselves, but they mirror the underlying problem of weak investment demand, European Central Bank President Mario Draghi said Monday. "There is a temptation to conclude that since very low rates generate these challenges, they are the problem. But they are not...

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