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Economy And The Numbers

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EEP2-091614_06Dec16.jpg Factory orders from Germany and final GDP from euro area are due on Tuesday, headlining a light day for the European economic news.

Taiwan's consumer price inflation accelerated unexpectedly in November to the highest level in eight months, figures from the Directorate General of Budget, Accounting and Statistics showed Tuesday. The consumer price index climbed 1.97 percent year-over-year in November, faster than previous month's...

Philippine consumer price inflation accelerated unexpectedly in November to the highest level in twenty-one months, figures from the Philippine Statistics Authority showed Monday. The consumer price index rose 2.5 percent year-over-year in November, faster than October's 2.3 percent stable rate of...

Australia's central bank kept its key interest rate unchanged at a record low on Tuesday as economists had expected. The board of the Reserve Bank of Australia governed by Philip Lowe kept the cash rate at 1.50 percent. The bank had reduced the rate by 25-basis points each in August and May. Taking...

trade.jpg Australia's seasonally adjusted current account deficit narrowed to A$11.358 billion in the third quarter of 2016, the Australian Bureau of Statistics said on Tuesday - owing to higher export commodity prices. That follows the A$15.943 billion shortfall in the three months prior. The balance on...

Labor cash earnings in Japan added just 0.1 percent on year in October, government data revealed on Tuesday. That was shy of expectations for an increase of 0.2 percent following the downwardly revised flat reading in September (originally 0.2 percent). Real cash earnings were flat on an annual...

Australia had a seasonally adjusted current account deficit of A$11.358 billion in the third quarter of 2016, the Australian Bureau of Statistics said on Tuesday. That follows the A$15.943 billion shortfall in the three months prior. The balance on goods and services marked a deficit of A$4.682...

Like-for-like sales in the United Kingdom gained just 0.6 percent on year in November, the British Retail Consortium said on Tuesday. That was well shy of forecasts for an increase of 1.7 percent, which would have been unchanged from the October reading. Like sales fell 0.4 percent a year earlier. Overall...

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 1.50 percent. Australia also...

ISM-Non-120516.jpg Growth in the U.S. service sector saw a significant acceleration in the month of November, according to a report released by the Institute for Supply Management on Monday. The ISM said its non-manufacturing index climbed to 57.2 in November from 54.8 in October, with a reading above 50 indicating growth in the service sector.

Spain's services sector grew at the strongest pace in three months in November amid strong gains in activity and new orders, and job creation, survey results from IHS Markit showed Monday. The headline seasonally adjusted Business Activity Index rose to 55.1 in November from 54.6 in October. Economists...

Brazilian service sector continued to contract sharply in November amid a decline in new orders and employment, and rising costs, survey data from IHS Markit showed Monday. The seasonally adjusted Purchasing Managers' Index for the services sector dropped to 44.4 from 43.9 in October. A reading below...

Eurozoneretailpmi-120516.jpg Eurozone retail sales rebounded in October after falling for two straight months and the private sector expanded at the fastest pace so far this year indicating a robust economic growth at the end of this year, separate reports showed Monday. Retail sales volume climbed 1.1 percent month-on-month in October, largely driven by non-food sales, Eurostat reported Monday.

U.K car sales advanced in November, data from the Society of Motor Manufacturers and Traders showed Monday. Car registrations climbed 2.9 percent in November from prior year to 184,101 units. During the year-to-date period, registrations grew 2.5 percent from the same period of prior year. Sales...

Spain's retail sales grew at a slower pace in October, the statistical office INE said Monday. Retail sales grew by adjusted 0.5 percent year-on-year in October, following a 0.6 percent rise in September. On an unadjusted basis, retail sales dropped 2.2 percent after expanding 1.1 percent in...

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