logo

Economy And The Numbers

Share SHARE

Hungary's central bank lowered its key interest rates by another 15 basis points to a record low as expected by economists. The Monetary Council of the Magyar Nemzeti Bank reduced the base rate to 1.8 percent from 1.95 percent. This was the second consecutive reduction in rates. The new rate will...

GermanEconomicConfidence-042115.jpg German investor confidence deteriorated for the first time since October as global weakness and Greece crisis weighed on domestic prospects, survey data from the Centre for European Economic Research, or ZEW, showed Tuesday. The indicator of economic sentiment dropped unexpectedly by 1.5 points to 53.3 in April. Economists had forecast the index to improve to 55.3.

GreeceFlag-042115.jpg The European Central Bank is exploring measures to reduce the Emergency Liquidity Assistance to Greek banks, reports said Tuesday, citing people with knowledge of the discussions. ECB Staff have suggested an increase in the haircuts banks take on the collateral they offer for emergency funding from the Bank of Greece, both Bloomberg and CNBC said.

The Eurozone government deficit ratio declined in 2014, while government debt increased from last year, Eurostat reported Tuesday. The government deficit to GDP ratio fell to 2.4 percent in 2014 from 2.9 percent in 2013. Meanwhile, the government debt to GDP ratio increased to 91.9 percent from 90.9...

Lithuania's industrial production increased notably in March from a year ago, figures from Statistics Lithuania showed Tuesday. Industrial production rose a working-day-adjusted 6.1 percent year-on-year in March. On an unadjusted basis, production surged by 10.5 percent. Production in the manufacturing...

Slovenia's output prices climbed for the second straight month in March, figures from the Statistical Office of the Republic of Slovenia showed Tuesday. Output prices rose 0.4 percent year-over-year in March, faster than February's 0.1 percent slight increase. In January, prices had fallen 0.1 percent. Output...

German economic confidence declined for the first time since October, survey data from the Centre for European Economic Research, or ZEW, showed Tuesday. The indicator of economic sentiment dropped unexpectedly by 1.5 points to 53.3 in April. Economists had forecast the index to improve to 55.3. Meanwhile,...

Hong Kong inflation accelerated in March, data published by the Census and Statistics Department showed Tuesday. Overall composite consumer prices rose 4.5 percent in March from a year ago, faster than the average rate of 4.3 percent in January and February. It was forecast to rise marginally to...

Sweden's unemployment rate dropped more-than-expected in March, after remaining stable in the previous month, figures from Statistics Sweden showed Tuesday. The unadjusted jobless rate fell to 8.0 percent in March from 8.4 percent in February. Economists had expected the rate to decrease to 8.3 percent. In...

South Africa's leading index dropped in February, after rising in the previous month, survey figures from the South African Reserve Bank showed Tuesday. The composite leading business cycle indicator fell to 98.7 in February from 98.9 in January. In December, the reading was 98.7. On an annual...

Switzerland's money supply growth eased in March, the Swiss National Bank showed Tuesday. M3, the broad measure of money supply, grew at a slower pace of 2.2 percent in March following a 2.3 percent increase in February. Meanwhile, the annual growth in the narrow measure, M1 improved to 1 percent...

Corporate loan demand in Japan declined in April, a Senior Loan Officer Opinion Survey from the Bank of Japan showed Tuesday. The balance of demand for loans from firms fell to 1 from 6 in the prior quarter. The survey was conducted between March 10 and April 10 among 50 banks. The index for...

Hungary's employee wage growth eased for the second straight month in February, figures from the Hungarian Central Statistical Office showed Tuesday. Gross earnings rose 3.4 percent year-over-year in February, slower than January's 4.1 percent increase. In December, earnings grew sharply by 6.7 percent. Net...

Japan's supermarket sales declined at a faster pace in March, a report from the Chain Store Association showed Tuesday. Supermarket sales, after adjustment fell 8.6 percent year-over-year in March, much faster than February's 0.8 percent decrease. Before store adjustment, sales dropped 7.3 percent. On...

EEP16-011515_21Apr15.jpg Economic confidence survey from Germany is due on Tuesday, headlining a light day for the European economic news.

Follow RTT