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Economy And The Numbers

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Argentina's President Mauricio Macri said that people should not fear economic reforms. He was speaking at the first press conference after a victory from his ruling coalition in the legislative election held Sunday. He also detailed the next steps that his government will take after expanding its...

Colombia's Ecopetrol and Malaysia's Petronas signed a memorandum to negotiate trade agreements that allow them to develop exploration and production projects in the Americas. Both companies are already partners in an exploratory block in Mexico. The collaboration agreement also extends to the evaluation...

Eurozone consumer confidence strengthened for a third straight month in October to its highest level since 2001, preliminary data from the European Commission showed Monday. The flash consumer confidence index rose to -1 from -1.2 in September, marking the highest score since April 2001, when it...

Bank Indonesia is likely to consider interest rate cuts most probably early next year, as inflationary pressures are under control but the economy continues to struggle, Gareth Leather, an economist at Capital Economics, said. The central bank decided to retain its seven-day reverse repurchase rate...

The German economy is set to continue to expand sharply in the third quarter driven by the industrial sector, Bundesbank said in its monthly report on Monday. The industrial sector is likely to maintain its role as a crucial pillar of strong economy. The industrial activity is buoyant by export demand,...

UK firms reported slower growth in factory orders in October, the Industrial Trends Survey from the Confederation of British Industry showed Monday. The order book balance fell to -2 percent in October, the lowest since November, from +7 percent in September. While October's survey was disappointingly...

Iceland's wage growth accelerated slightly in September after remaining stable in the prior month, figures from Statistics Iceland showed Monday. The wage index climbed 7.4 percent year-over-year in September, following a 7.2 percent rise in August. On a monthly basis, wage index increased 0.8...

Lithuania's industrial production expanded notably in September from a year ago, figures from the Department of Statistics showed Monday. Industrial production climbed a working-day-adjusted 7.7 percent year-over-year in September. On an unadjusted basis, production grew by 4.8 percent. The growth...

Taiwan's unemployment decreased unexpectedly in September, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Monday. The seasonally adjusted jobless rate fell to 3.71 percent in September from 3.76 percent in August. Meanwhile, economists had expected the rate...

Hong Kong's consumer price inflation eased for the second straight month in September, figures from the Census and Statistics Department showed Monday. The consumer price index climbed 1.4 percent year-over-year in September, slower than the 1.9 percent increase in August. The measure has been rising...

Taiwan's industrial production grew at the fastest pace in seven months in September, the Ministry of Economic Affairs said Monday. Industrial output grew 5.24 percent annually, bigger than the 3.29 percent rise posted in August and the fastest since February, when it grew 10.71 percent. Economists...

Turkey's consumer confidence declined further in October to the weakest level in eight months, survey data from the Turkish Statistical Institute showed Monday. The consumer confidence index fell to 67.3 in October from 68.7 in September. Moreover, this was the lowest reading since February, when...

Denmark's consumer confidence weakened for the third straight month in October, though slightly, survey figures from Statistics Denmark showed Monday. The consumer confidence index dropped to 7.1 in October from 7.3 in September. In August, the score was 7.6. Consumers' financial situation over...

Switzerland's money supply increased the most since early 2014, the Swiss National Bank said Monday. The broad monetary aggregate,M3, grew 4.4 percent year-on-year in September, faster than the 4.1 percent increase seen in August. This was the biggest expansion since March 2014, when M3 climbed...

Home prices increased in fewer Chinese cities in September, figures from the National Bureau of Statistics showed Monday. House prices increased in 44 out of 70 cities surveyed by the government in September. In August, house prices had climbed in 46 cities. At the same time, prices declined in...

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