Economy And The Numbers

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House prices in the England and Wales continued to rise at a faster rate in July, latest data from the Land Registry revealed Friday. House prices rose 7.2 percent annually following 6.9 percent increase in June. The latest rise was the biggest since June 2010, when prices climbed 7.7 percent. Month-on-month,...

Reflecting an upward revision from a preliminary reading, Thomson Reuters and the University of Michigan released a report on Friday showing that consumer sentiment unexpectedly improved in the month of August. The final August reading on the consumer-sentiment index rose to 82.5 from a final July...

Manufacturing activity in the Chicago-area rebounded in August, as factories reported increases in new orders. The headline index of the Chicago Purchasing Managers report, an important gauge of manufacturing in the Midwest, jumped to 64.3 in August from July's 52.6. The PMI number exceeded consensus...

PersonalIncome-082914.jpg Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame.

IndiaFlag-082914.jpg India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months.

Brazil entered into a recession in the second quarter, data from the statistical office IBGE showed Friday. Gross domestic product shrank 0.6 percent sequentially after contracting by revised 0.2 percent a quarter ago. The economy was expected to shrink by 0.4 percent. This was the second consecutive...

Consumer spending unexpectedly declined last month, government figures showed on Friday. Meanwhile, incomes rose at a slower pace. Data released by the U.S. Commerce Department showed that personal spending declined 0.1 percent in July. That followed an increase of 0.4 percent in the previous month....

eurozonejobless-inflation-082914.jpg Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.

Latvia's retail sales growth accelerated for the second straight month in July, figures from the Central Statistical Bureau showed Friday. Retail sales rose a calender-adjusted 3.9 percent year-on-year in July, faster than June's 2.8 percent increase. In May, sales rose 2.4 percent. Sale of food...

Lithuania's second quarter economic growth equaled the pace of expansion in the first three months of the year, revised figures from the statistical office showed Friday. Gross domestic product grew a seasonally-and-working day adjusted 3.1 percent year-on-year, same as in the first quarter. Initially,...

Slovenia's economy grew at a faster pace in the second quarter, figures from the Statistical Office Of the Republic Of Slovenia showed Friday. Gross domestic product grew an unadjusted 2.9 percent year-on-year, after a revised 2.1 percent expansion in the first quarter of this year. It was third...

Italy's consumer prices declined for the first time since 1959, preliminary estimate from the statistical office Istat showed Friday. Consumer prices dropped 0.1 percent annually, offsetting 0.1 percent rise in July. August figure matched economists' expectations and this was the first decline since...

Slovenia's retail sales rose in July, preliminary figures from the Statistical Office of the Republic of Slovenia showed Friday. Retail sales volume moved up 2.3 percent year-on-year in July. Sales, except automotive fuel, edged up 0.1 percent annually in July. Sale of food, beverages and tobacco...

Czech gross domestic product growth stagnated in the second quarter as estimated earlier, final data from the Czech Statistical Office showed Friday. On a quarter-over-quarter basis, GDP was unchanged in the second quarter, confirming the flash estimate. In the previous quarter, GDP had risen 0.8...

Bulgaria's producer prices in July dropped from a year ago, data from the National Statistical Institute showed Friday. The producer price index dropped 0.4 percent year-on-year in July. Producer prices in the mining and quarrying sector declined by 4.8 percent and those in the utility sector fell...