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Economy And The Numbers

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Germany's economy expanded at a faster pace, as estimated in the first quarter, on domestic and foreign demand, data published by Destatis showed Tuesday. Gross domestic product grew 0.6 percent sequentially, in line with preliminary estimate and faster than the 0.4 percent expansion seen in the...

EEP21-011515_23May17.jpg Business sentiment and detailed quarterly national accounts from Germany are due on Tuesday, headlining a busy day for the European economic news.

Singapore's consumer price inflation eased at a faster-than-expected pace in April, figures from the Ministry of Trade and Industry showed Tuesday. The consumer price index rose 0.4 percent year-over-year in April, slower than the 0.7 percent increase in March. Economists had expected the inflation...

Standard & Poor's placed the 'BB' ratings of Brazil on CreditWatch with negative implications citing increased political uncertainty. The action signals the risk that S&P could lower the ratings over the next three months amid more stressed political dynamics. S&P said the political dynamics in...

Japan's all industry activity declined at a faster-than-expected rate in March, after rebounding in the previous month, figures from the Ministry of Economy, Trade and Industry showed Tuesday. The all industry activity index fell 0.6 percent month-over-month in March, reversing a 0.7 percent rise...

Japan's manufacturing activity expanded at the weakest pace in six months in May, preliminary data from IHS Markit showed Tuesday. The Nikkei Flash Manufacturing Purchasing Managers' Index, or PMI dropped to 52.0 in May from 52.7 in April. However, any reading above 50 indicates expansion in the sector. Among...

Japan will on Tuesday release March figures for its all industry activity index, highlighting a modest day for Asia-Pacific economic activity. The index is expected to sink 0.5 percent on month after rising 0.7 percent in February. Japan also will see April figures for store sales and machine tool...

European Union countries have made significant progress in fiscal policy and governance and active labor market policies, suggesting that important reforms are being implemented across the region, the European Commission said Monday.

Russia's economic growth will continue to edge up over the coming quarters of this year as lower inflation and looser monetary policy strengthen demand, Capital Economics economist Neil Shearing said. Official data from Rosstat showed this month that GDP grew 0.5 percent year-over-year in the first...

Germany's strong growth is likely to continue in the spring, the Bundesbank said in its monthly report on Monday. In the first quarter, the economy expanded 0.6 percent, following the fourth quarter's 0.4 percent growth. The bank said the construction sector would continue to flourish and the...

Latvia's unemployment rate increased in the three months ended March, though marginally, figures from the Central Statistical Bureau showed Monday. The jobless rate edged up to 9.4 percent in the first quarter from 9.3 percent in the fourth quarter. In the corresponding period of 2016, the unemployment...

Eurozone consumers are set to keep spending at a decent rate despite higher inflation eating into their purchasing power, IHS Markit economist Howard Archer said. Official data from the European Commission revealed on Friday that the consumer confidence index rose to -3.3 in May from -3.6 in April,...

Ireland's factory fate inflation eased for the second straight month in April, figures from the Central Statistics Office showed Monday. The manufacturing industries output price index, excluding VAT, climbed 1.8 percent year-over-year in April, slower than the 2.1 percent rise in March. It was the...

The Greece current account deficit increased in March from the previous year, the Bank of Greece showed Monday. The current account gap widened to EUR 1.32 billion from EUR 772.4 million in March 2016. The deficit on trade in goods rose to EUR 1.95 billion in March from EUR 1.53 billion a year...

Lithuania's industrial production expanded in April from a year ago, figures from the Department of Statistics showed Monday. Industrial production climbed a working-day-adjusted 4.0 percent year-over-year in April. On an unadjusted basis, production grew 1.8 percent. Among sectors, mining and...

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