Economy And The Numbers

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BoE-102214.jpg Bank of England policymakers decided to leave its key rate at a historic low of 0.50 percent in a split vote for the third straight time at the meeting held early this month as a majority of members noticed increased risks from slowing global economy, especially in euro area. Ian McCafferty and Martin Weale sought a quarter point hike in the bank rate, to 0.75 percent.

European Central Bank Governing Council member Luc Coene said the central bank could expand its stimulus measures to purchasing instruments other than covered bonds and asset-backed securities, but there is no concrete proposal on corporate bonds, currently. In an interview published in Belgian dailies...

Iceland's wage cost growth slowed in September, a report from Statistics Iceland showed Wednesday. Wage cost increased 6.2 percent year-on-year, slower than the 6.3 percent rise in August. On a monthly basis, wage cost gained 0.7 percent versus the 0.6 percent increase in the previous month. The...

Bank of England policymakers decided to maintain its key rate at a record low 0.50 percent in a split vote for the third straight time at the meeting held early this month. As seen in the previous two meetings, Ian McCafferty and Martin Weale sought a quarter point hike in the bank rate, to 0.75 percent,...

A leading indicator of Spain's economy decreased in August, results of a survey by the Conference Board showed Wednesday. The Conference Board leading economic index fell 0.2 percent month-over-month in August after a revised 0.4 percent increase in July. Two out of the six sub-components grew...

South Africa's consumer prices inflation slowed more than expected in September, a report from Statistics South Africa showed Wednesday. Consumer prices rose at a slower rate of 5.9 percent year-over-year in September following the 6.4 percent increase in August. Economists had expected consumer prices...

Denmark retail sales declined for the first time in three months in September, data from Statistics Denmark showed Wednesday. Retail sales were down 0.9 percent month-on-month in September following a 0.5 percent rise in August and flat growth in July. The decline was largely caused by a 7.1 percent...

EEP3-091614_22Oct14.jpg Monetary Policy minutes from the Bank of England and speeches by European Central Bank officials are among the few economic events expected on Wednesday. At 4:30 am ET, the Bank of England will release the minutes of its October monetary policy meeting. At the meeting, the monetary policy committee...

The unemployment rate in Taiwan declined more than expected in September, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Wednesday. The jobless rate fell to a seasonally adjusted 3.9 percent in September from 3.94 percent in August. Economists had expected...

trade.jpg Consumer prices in Australia advanced 2.3 percent on year in the third quarter of 2014, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and down from 3.0 percent in the second quarter. Among the individual components of the survey, prices for alcohol and...

Consumer prices in Australia were up 2.3 percent on year in the third quarter of 2014, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and down from 3.0 percent in the second quarter. On a quarterly basis, CPI added 0.5 percent - unchanged but above forecasts...

Japan posted a merchandise trade deficit of 958.3 billion yen in September, the Ministry of Finance said on Wednesday - remaining in the red for the 27th consecutive month. The headline figure missed forecasts for a shortfall of 780.0 billion yen following the 949.7 billion yen deficit in August. Exports...

Australia's economy slowed slightly in September, the latest survey from Westpac Bank revealed on Wednesday, easing 0.1 percent on month. That follows the 0.1 percent decline in August. In all, this month marks the eighth straight month that the index has been below trend following 13 consecutive months above trend.

Japan had a merchandise trade deficit of 958.3 billion yen in September, the Ministry of Finance said on Wednesday. That missed forecasts for a shortfall of 780.0 billion yen following the 949.7 billion yen deficit in August. Exports were up 6.9 percent on year, beating estimates for a gain of...

A leading economic index for Australia was down 0.2 percent on month in August, the Conference Board said on Wednesday, following the 0.5 percent gain in July. Among the individual components of the survey, yield spread, sales to inventories ratio and money supply were higher, while share prices were...