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Economy And The Numbers

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pendinghmesales-082715.jpg While the National Association of Realtors released a report on Thursday showing pending home sales in the U.S. rose for the sixth time in seven months in July, the pace of growth fell short of economist estimates.

GDP-082715.jpg Economic activity in the U.S. increased by much more than previously estimated in the second quarter of 2015, the Commerce Department revealed in a report on Thursday. The Commerce Department said real gross domestic product increased by 3.7 percent in the second quarter.

The euro area is an irreversible project and the talk of Greece leaving the single currency bloc have shaken the confidence in the union, European Central Bank Executive Board Member Benoit Coeure said Friday. "The euro area is an irreversible project, not simply a fixed exchange rate system," Coeure...

JoblessClaims-082715.jpg First-time claims for U.S. unemployment benefits decreased modestly in the week ended August 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 271,000, a decrease of 6,000 from the previous week.

Economic activity in the U.S. increased by much more than previously estimated in the second quarter, the Commerce Department revealed in a report on Thursday.

The net migration to the U.K. rose significantly in the year ending March 2015 to the highest on record, data published by the Office for National Statistics showed Thursday. According to ONS, net long-term international migration increased by 94,000 from last year to 330,000 in March 2015. The...

First-time claims for U.S. unemployment benefits decreased modestly in the week ended August 22nd, according to a report released by the Labor Department on Thursday.

South Africa's producer price inflation slowed unexpectedly in July after accelerating in the previous four months, figures from Statistics South Africa showed Thursday. The producer price index for final manufactured goods rose 3.3 percent year-over-year in July, slower than June's 3.7 percent climb....

Malta's producer prices continued to decline in July, but at a slower pace than in the previous month, figures from the National Statistics Office showed Thursday. The industrial producer price index fell 1.80 percent year-over-year in July, following a 2.18 percent decrease in June. Producer prices...

Iceland's consumer price inflation quickened for the second straight month in August to the highest level in a year, figures from Statistics Iceland showed Thursday. The consumer price index grew 2.2 percent year-on-year in August, faster than the 1.9 percent increase in the previous month. This...

Lithuania's retail sales growth eased notably in July after accelerating in the previous month, figures from the Department of Statistics showed Thursday. Retail sales, excluding VAT, climbed 5.0 percent year-over-year in July, much slower than previous month's 8.1 percent gain. In May, sales had...

UKHousePrice-082715.jpg U.K. house price inflation eased to its lowest level in more than two years in August, but construction activity should increase to keep pace with demand, the Nationwide Building Society said Thursday. House prices rose 3.2 percent year-on-year in August, slower than the 3.5 percent increase seen in July, data showed. Nonetheless, it was faster than the expected 3.1 percent increase.

Eurozone money supply growth and credit to private sector accelerated in July, the European Central Bank said Thursday. The broad monetary aggregate M3 rose 5.3 percent year-on-year in July. Economists had forecast the annual rate to remain unchanged at 4.9 percent. In three months to July, growth...

Switzerland's industrial production declined for the second straight time in the second quarter, the Swiss Federal Statistical Office showed Thursday. Industrial production fell 2.5 percent from last year following a 0.5 percent decline in the prior quarter. In the fourth quarter, output had risen...

Spain's economy grew at the fastest pace in eight years during the second quarter, final figures from the statistical office INE confirmed Thursday. Gross domestic product rose 1 percent from the first quarter, which was the fastest rate of expansion since the first quarter of 2007, when the economy...

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