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Economy And The Numbers

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NAHB-011817.jpg Homebuilder confidence in the U.S. saw a modest pullback in the month of January, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 67 in January after jumping to 69 in December.

IndustrialProduction-011817.jpg After reporting a drop in U.S. industrial production in the previous month, the Federal Reserve released a report on Wednesday showing that production rebounded strongly in the month of December. The Fed said industrial production climbed by 0.8 percent in December after slumping by a revised 0.7 percent in November.

CPI-011817.jpg Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.3 percent in December after edging up by 0.2 percent in November.

Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Wednesday.

Ukunemployment-011817.jpg U.K. unemployment declined unexpectedly at the end of 2016, while earnings growth accelerated reflecting that the labor market remained strong despite the 'Brexit' vote. Data from the Office for National Statistics showed Wednesday that the number of people claiming unemployment related benefits decreased by 10,100 in December from November, confounding expectations for an increase of 5,000.

Governments must undertake fiscal and structural reforms to reduce the inequalities amid rising populist backlash, the International Monetary Fund Managing Director Christine Lagarde said Wednesday. Now there is an opportune time for policymakers to put in place policies that will help reduce inequalities,...

South Africa's retail sales increased unexpectedly in November after falling in the previous month, preliminary data from Statistics South Africa showed Wednesday. Retail sale grew an unadjusted 3.8 percent year-over-year in November, reversing a 0.2 percent drop in October. Meanwhile, economists...

Slovakia's EU measure of inflation increased for the first time in three years in December, the Statistical Office of the Slovak Republic revealed on Wednesday. The harmonized index of consumer prices, or HICP, edged up 0.2 percent year-over-year in December, reversing a 0.2 percent drop in November. Moreover,...

Eurozone construction output grew for the second straight month in November, preliminary data from Eurostat showed Wednesday. Construction output rose a seasonally adjusted 0.4 percent month-over-month in November, the same rate of increase as in October, which was revised down from a 0.8 percent...

Eurozone inflation climbed as initially estimated in December, final data from Eurostat showed Wednesday. Inflation rose to 1.1 percent in December from 0.6 percent in November. A similar higher rate was last seen in September 2013. Nonetheless, headline inflation was below the European Central...

British households remained pessimistic about their financial outlook in January and their financial woes intensified on rising inflation, results of a survey by IHS Markit and financial information provider Ipsos Mori revealed Wednesday. The seasonally adjusted Household Finance Index, or HFI, dropped...

The U.K. unemployment rate remained stable in three months to November and people claiming unemployment benefits declined unexpectedly, data from the Office for National Statistics showed Wednesday. The unemployment rate came in at 4.8 percent, the lowest since September 2005 and matched economists'...

Austria's consumer price inflation accelerated in December to its highest level in just over two years, figures from Statistics Austria showed Wednesday. The consumer price index rose 1.4 percent year-over-year in December, slightly faster than November's 1.3 percent increase. Moreover, this marked...

South Africa's inflation accelerated in December, figures from Statistics South Africa showed Wednesday. Consumer prices advanced 6.8 percent year-on-year in December, faster than the 6.6 percent increase seen in November. Inflation was expected to ease to 6.5 percent. This was the fastest rate...

Germany's consumer price inflation quickened in December to its highest level since the middle of 2013, in line with the flash data published earlier, latest figures from Destatis showed Wednesday. The consumer price index rose 1.7 percent year-over-year in December, confirming the preliminary data...

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