Economy And The Numbers

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Hungary's industrial producer prices fell for the seventh consecutive month in September, figures from the Hungarian Central Statistical Office showed Friday. The producer price index dropped 0.7 percent year-on-year following 0.4 percent fall in August. Prices have been declining since May. Month-on-month,...

The euro area jobless rate remained stable at 11.5 percent in September, Eurostat reported Friday. The rate came in line with expectations. Compared with August, the number of persons unemployed decreased by 19,000 in September. On a yearly basis, unemployment plunged 826,000. The youth unemployment...

Eurozone inflation rose slightly in October as expected by economists, flash data from Eurostat showed Friday. Inflation rose to 0.4 percent in October from 0.3 percent in September. It has been below the 2 percent ceiling since February 2013. Core inflation, which excludes energy, food, alcohol...

The unemployment rate in Italy increased unexpectedly in September, a report from the statistical office Istat showed Friday. The jobless rate rose to 12.6 percent in September from 12.5 percent in August. Economists had expected the unemployment rate to come in at 12.4 percent. The total number...

Turkey's trade deficit decreased more than expected in September, preliminary figures from the Turkish Statistical Institute showed Friday. The foreign trade deficit narrowed to $ 6.93 billion in September from $ 7.56 billion in the same month of the previous year. Economists had expected the deficit...

A measure of the current economic situation in the euro area declined for the fourth consecutive month in October, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The eurocoin indicator fell to 0.08 in October from 0.13 in the prior month. This was the lowest...

French consumer spending declined more than expected in September on weak clothing sales, data from the statistical office Insee revealed Friday. Household consumption fell 0.8 percent month-on-month in September following a 0.9 percent rise in August. Economists had forecast a slight 0.3 percent...

France's producer prices declined less-than-expected in September, figures from the statistical office INSEE revealed Friday. Producer prices in the French market dropped 1.4 percent annually, which less than the 1.7 percent decline forecast by economists. In August, producer prices had fallen 1.4...

German retail sales declined at the fastest pace since May 2007 in September, data from Destatis showed Friday. Retail sales were down 3.2 percent in September from August, while economists forecast a 0.9 percent drop. This was the biggest monthly fall since May 2007. The increase for August was revised...

Estonia's industrial production increased at an accelerated pace in September, figures from Statistics Estonia showed Friday. Industrial output rose 3.6 percent year-on-year in September after the 2.7 percent growth in August. Manufacturing output climbed 6.8 percent in September. Meanwhile, mining...

Estonia's retail sales rose at a slower pace in September, figures from Statistics Estonia showed Friday. The retail turnover volume index climbed 6 percent year-on-year in September, faster than August's 7 percent growth. Retail sales in non-specialized food stores advanced 7 percent and sales...

Japan's housing starts declined further in September, data from the Ministry of Land, Infrastructure, Transport and Tourism showed Friday. Housing starts slid 14.3 percent year-on-year in September after easing 12.5 percent in August. Nonetheless, it was slower than a 17.2 percent decline forecast...

BoJ-103114.jpg The Bank of Japan expanded its massive quantitative and qualitative easing unexpectedly as policymakers assessed it necessary to achieve the 2 percent inflation target even after a sales tax hike in April. In a 5-4 vote, the Policy Board led by Governor Haruhiko Kuroda decided to raise the monetary base at an annual pace of about JPY 80 trillion.

Singapore's unemployment edged down unexpectedly in the third quarter, preliminary figures released by the Ministry of Manpower (MOM) revealed Friday. The overall jobless rate decreased to 1.9 percent quarter-over-quarter in the September quarter from 2 percent in the second quarter. Economists had...

The Bank of Japan expanded its quantitative and qualitative easing unexpectedly on Friday. In a 5-4 vote, the Policy Board decided to raise the monetary base at an annual pace of about JPY 80 trillion. The earlier plan was to increase it by about JPY 60-JPY 70 trillion. The bank will lift purchases...