Economy And The Numbers


Consumer confidence in the U.K. stagnated at depressed levels in November, the results of a survey by the GfK Institute showed Friday. The consumer confidence index remained unchanged at -2 in November, in contrast to expectations for a modest improvement to -1.

The results of a business confidence survey by the ANZ Bank showed that business confidence improved in November. The business confidence index rose to 31.5 in November from 26.5 in October. The outlook index for activity improved 3.9 points to 41.7 and the investment index also rose roughly 3 points to 19.2.

The Ministry of Economy, Trade and Industry of Japan reported Friday that retail sales growth in Japan slowed in line with expectations in October. Retail sales rose 1.4 percent year-over-year in October following a 2.3 percent growth in September. The slowdown was in line with expectations.

Preliminary estimates released by Japan's Ministry of Economy, Trade and Industry on Friday showed that industrial production in Japan unexpectedly rose in October. Industrial production rose a seasonally adjusted 0.2 percent month-over-month, belying expectations for a 0.6 percent drop. However, this represented a marked slowdown from the 2.9 percent growth in September.

The jobless rate in Japan unexpectedly eased in October, according to the results of the labor force survey carried out by Japan's Ministry of Internal Affairs and Communication. The jobless rate eased to 3.5 percent in October from 3.6 percent in September, while the consensus estimate had called for an unchanged rate.

Household spending in Japan adjusted for inflation fell a less than expected 4 percent year-over-year in October, according to a report released by the Ministry of Internal Affairs and Communication. Economists had expected a steeper 5 percent drop for the month. Average monthly expenditure of two-or-more-persons households was down 0.7 percent in nominal terms.

A report released by Japan's Ministry of Internal Affairs and Communication on Friday showed that annual core inflation in Japan slowed in line with expectations. Core annual inflation eased to 2.9 percent in October from 3 percent in September. The easing was in line with expectations. The headline index also rose 2.9 percent year-over-year.

Building permits in New Zealand rose 8.8 percent month-over-month in October following a 12 percent drop in September, according to a report published by Statistics New Zealand. The pace of increase was the fastest since November 2013. Building consents stood at a seasonally adjusted 2,152 new homes in October, valued at over NZ$1.2 billion.

South Africa's producer price inflation slowed less-than-expected in October, figures from Statistics South Africa revealed Thursday. The producer price index rose 6.7 percent annually after climbing 6.9 percent in September. Economists had forecast an inflation figure of 6.6 percent. Producer...

Eurozone-112714.jpg Eurozone economic sentiment unexpectedly strengthened for a second consecutive month in November as an improvement in the factory confidence offset a deterioration in consumer morale, figures from the European Commission showed Thursday. The economic sentiment indicator rose to 100.8 from 100.7 in October. Economists had expected the index to ease to 100.3.

Germany's EU measure of inflation slowed to its lowest level in five years in November, preliminary data from the Federal Statistical Office showed Thursday. The harmonized index of consumer prices rose 0.6 percent year-on-year following 0.7 percent increase in October. The figure was in line with...

German-Unemployment-112714.jpg German unemployment reached the lowest in more than two decades in November, boosting confidence among businesses and households. The seasonally adjusted jobless rate for November was 6.6 percent, unchanged from October's figure that was downwardly revised, data from the Federal Labor Agency showed Thursday.

German consumer confidence is set to strengthen further in December, as income expectations and willingness to buy improved for a second straight month from higher levels, survey results from the market research group GfK showed Thursday. The forward-looking consumer confidence index rose to 8.7 points...

Eurozone money supply supply growth remained steady in October, while lending to the private sector continued to fall, despite the stimulus efforts from the European Central Bank. The annual growth of broad money, or M3, was 2.5 percent in October, unchanged from September, the ECB said on Thursday....

Switzerland's industrial production decreased in the three months to September, marking the first fall in five quarters, data from the Federal Statistical Office showed Thursday. Industrial production dropped 0.4 percent year-on-year following 3.1 percent gain in the second quarter. It was the first...