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Economy And The Numbers

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Consumer-Shoping-082616.jpg Consumer sentiment in the U.S. unexpectedly saw a slight decline in the month of August, according to a report released by the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for August came in at 89.8 compared to the initial estimate of 90.4.

Federal Reserve Chairman Janet Yellen says the case for another interest-rate hike has strengthened. "In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in...

USGDP-082616.jpg U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday. The report said gross domestic product increased by 1.1 percent in the second quarter.

U.S. economic activity in the second quarter grew by slightly less than initially estimated, according to a report released by the Commerce Department on Friday.

UKGDP-082616.jpg The U.K. economy logged faster growth in the second quarter as robust consumer spending and investment cushioned the region against the impact of the severe political and economic uncertainty in the run-up to the EU referendum. Gross domestic product grew 0.6 percent sequentially after rising 0.4 percent in the first quarter.

Iceland's consumer price inflation eased for the third straight month in August to the weakest level in eighteen months, figures from Statistics Iceland showed Friday. The consumer price index rose 0.9 percent year-over-year in August, slower than previous month's 1.1 percent increase. This was...

The U.K. economy expanded at a faster pace in the second quarter as previously estimated, in run-up to the EU referendum, the second estimate from the Office for National Statistics showed Friday. Gross domestic product grew 0.6 percent sequentially after rising 0.4 percent in the first quarter. The...

British business investment increased in the three months to June, marking the first growth since the third quarter of last year, figures from the Office for National Statistics showed Friday. Business investment rose 0.5 percent from the first quarter, when it declined 0.6 percent. In the same period...

Lithuania's retail sales growth eased in July after accelerating in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, grew a working-day-adjusted 6.2 percent year-over-year in July, slower than June's 6.5 percent climb, which was revised up from...

Eurozone money supply and total credit to the private sector grew at slower pace in July, the European Central Bank reported Friday. The broad monetary aggregate M3 advanced 4.8 percent in July from prior year, slower than the 5 percent increase seen in June. The annual growth was forecast to remain...

Spain's retail sales logged a weaker growth in July, data from the statistical office INE showed Friday. After adjustment, retail sales grew 4.9 year-on-year in July, slower than the 5.7 percent expansion registered in June. Likewise, retail sales, on an unadjusted basis, advanced 3.1 percent versus...

Slovak producer prices decline continued to slow in July, figures from the Statistical Office of the Slovak Republic showed Friday. The total producer price index decreased 4.6 percent year-on-year following 4.8 percent fall in June. Domestic producer prices declined 4.6 percent after a 4.5 percent...

France's gross domestic product stagnated as estimated in the second quarter, the second estimate from the statistical office Insee showed Friday. Gross domestic product remained flat from the prior quarter, after expanding 0.7 percent in the first quarter. On the expenditure-side, household consumption...

France's consumer confidence improved unexpectedly in August, though marginally, figures from the statistical office INSEE showed Friday. The consumer confidence index rose to 97.0 in August from 96.0 in the previous month. Economists had expected the index to remain unchanged at 96.0. Households'...

German consumer sentiment is set to develop positively in September as Brexit vote seems to have caused only temporary uncertainty, survey results from the market research group GfK showed Friday.

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