Economy And The Numbers

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Sweden's current account surplus decreased in the second quarter largely due to a fall in visible trade surplus, a report from Statistics Sweden showed Tuesday. The current account surplus decreased to SEK 48.7 billion in the second quarter from SEK 63.2 billion in the previous quarter. A surplus...

U.K 's construction activity grew at a faster pace in August, defying expectations of a slow down, results of a survey by Markit Economics and the Chartered Institute of Purchasing & Supply, or CIPS, showed Tuesday. The Markit/CIPS construction purchasing managers' index, or PMI, rose to 64 in August...

Swiss-GDP-090214.jpg The Swiss economy stalled in the second quarter as the improvement in household spending was insufficient to offset the weakness in exports and investment in construction. Gross domestic product remained flat from the first quarter, when it accelerated to 0.5 percent, the State Secretariat for Economic Affairs said Tuesday. Economists had expected GDP to rise 0.5 percent in the second quarter.

Romania's retail sales growth improved in July on higher food sales, the National Institute of Statistics said Tuesday. At the same time, producer price inflation accelerated in July. Retail sales volume increased 0.4 percent in July from June driven by increases in sales of food, beverages and tobacco....

Hungary's trade surplus was revised downwards in June, final figures from the Hungarian Central Statistical Office showed Tuesday. The trade surplus came in at EUR 584 million in June, less than the flash estimate of EUR 610 million. The trade surplus increased EUR 79 million over the corresponding...

Australia-Interest-Rate-090214.jpg Policymakers of Reserve Bank of Australia decided to maintain its record low interest rate once again as they continue to assess that the most prudent course is a period of stability in interest rates. The monetary policy board retained the cash rate at 2.50 percent. The rate has been at the current level since August 2013.

The Swiss economy stagnated in the second quarter, the State Secretariat for Economic Affairs said Tuesday. Gross domestic product remained unchanged sequentially after expanding 0.5 percent in the first quarter. Economists had expected GDP to rise 0.5 percent again in the second quarter. Household...

Estonia's industrial production growth quickened in July, figures from Statistics Estonia showed Tuesday. Industrial production increased a working-day adjusted 2.4 percent year-over-year in July following the 1.3 percent rise in June. This marked the fourth straight month of increase in industrial...

Eurozone producer prices and U.K. construction purchasing managers' index, or PMI, are some of the notable economic data scheduled for release on Tuesday. At 5 am ET, Eurostat is scheduled to release its producer prices report for the eurozone. Producer prices are forecast to drop 1.1 percent year-over-year...

The Reserve Bank of Australia decided to maintain its record low interest rate as widely expected by economists. The monetary policy board retained the cash rate at 2.50 percent. The rate has been at the current level since August 2013. Policymakers said continued accommodative monetary policy...

South Korea's consumer prices increased at a slower than expected rate in August, figures from Statistics Korea showed Tuesday. Consumer prices rose 1.4 percent year-over-year in August following the 1.6 percent rise in July. Economists had expected consumer prices to grow at the stable rate of 1.6...

New Zealand's commodity prices declined at a faster rate in August, results of a survey by ANZ showed Tuesday. The ANZ commodity price index fell 3.3 percent month-over-month in August following the 2.4 percent drop in July. This marked the second largest decrease in prices in six month and a 17-month...

The monetary base in Japan increased at a slower rate in August, data from the Bank of Japan showed Tuesday. The monetary base grew 40.5 percent year-over-year in August following the 42.7 percent rise in July. Bank notes in circulation rose 3.5 percent, which is faster than the 3.4 percent increase...

The number of building approvals in Australia increased at a faster-than-expected rate in July, data from the Australian Bureau of Statistics showed Tuesday. Total building approvals rose 9.4 percent year-over-year in July, more than the 7.8 percent growth expected by economics. Private sector...

The current account deficit in Australia widened less than expected in the second quarter, figures from the Australian Bureau of Statistics showed Tuesday. The current account deficit came in at A$ 13.74 billion in the second quarter. This was more than the A$ 7.8 billion deficit in the first quarter...