Economy And The Numbers

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GDPchart-073014.jpg After reporting a notable contraction in U.S. economic activity in the first quarter, the Commerce Department released a report on Wednesday showing that gross domestic product rebounded by more than anticipated in the second quarter.

ADPchart-073014.jpg Employment in the U.S. private sector continued to see notable growth in the month of July, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth came in below economist estimates.

Belgium's economic growth eased in the second quarter, after accelerating in the first three months of the year, flash estimates from the National Bank of Belgium showed Wednesday. Gross domestic product rose 0.1 percent from the first quarter, when it grew 0.4 percent. The pace of growth is the...

After reporting a notable contraction in U.S. economic activity in the previous quarter, the Commerce Department released a report on Wednesday showing that gross domestic product rebounded by more than anticipated in the second quarter.

Employment in the U.S. private sector continued to see notable growth in the month of July, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth came in below economist estimates.

Eurozone banks eased the credit standards for lending to businesses for the first time since the second quarter of 2007, the European Central Bank said in a report on Wednesday, helping to support economic recovery. "Credit standards for all loan categories eased in net terms in the second quarter...

German inflation slowed slightly in July, flash data from Destatis showed Wednesday. Inflation, based on harmonized consumer prices, eased to 0.8 percent, in line with expectations, from 1 percent in June. Likewise, consumer price inflation eased to 0.8 percent, as expected, from 1 percent in...

EurozoneEconomicConfidence-073014.jpg Eurozone economic sentiment rose unexpectedly in July driven by confidence improvements in industrial and construction, survey data revealed Wednesday. The economic confidence index rose marginally to 102.2 in July from 102.1 in June, figures from European Commission showed. Economists had forecast the score to fall to 101.9 from June's originally estimated value of 102.

Cyprus' industrial production declined annually for a second straight month in May, figures from the statistical service showed Wednesday. Industrial production dropped 0.7 percent year-on-year, after a 6.6 percent slump in April. In March, production grew 0.8 percent. Manufacturing output declined...

Ireland's unemployment rate eased for a fourth consecutive month in July to its lowest level in more than five years, figures from the Central Statistics Office showed Wednesday. The seasonally adjusted jobless rate dropped to 11.5 percent from 11.6 percent in June. The latest figure was the lowest...

BoE-073014.jpg The Bank of England on Wednesday outlined plans to tighten bankers' bonus rules that eventually limits their inclination to take high risk. According to the new proposal, bankers could be forced to pay back their bonuses up to seven years from the date of payment if they break financial conduct rules.

Portugal's industrial production declined in June, after rising in the previous two months, figures from Statistics Portugal showed Wednesday. The industrial production index fell 0.2 percent year-on-year in June, reversing a 0.2 percent growth seen in May. In April, production climbed 4.0 percent....

Latvia's retail sales growth accelerated in June, after easing sharply in the previous month, figures from the Central Statistical Bureau showed Wednesday. Retail sales rose a calender-adjusted 2.8 percent year-on-year in June, faster than May's 2.4 percent growth, revised from 2.1 percent. In April,...

Portugal's retail sales increased at a slower rate in June, a report from Statistics Portugal showed Wednesday. Retail sales grew 0.1 percent year-over-year in June following the 1.8 percent increase in May. It was the second consecutive month of sales growth. Sales decreased 1.3 percent from May,...

Bulgaria's producer prices declined in June, data from the National Statistical Institute showed Wednesday. The total producer prices decreased 0.7 percent year-on-year in June. Prices fell 0.1 percent from the previous month. Producer prices in the manufacturing sector remained unchanged annually,...