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Economy And The Numbers

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Corporate profits in Australia decreased unexpectedly in the three months ended March, figures from the Australian Bureau of Statistics showed Monday. In current prices, the seasonally adjusted estimated for company gross operating profits dropped 4.7 percent quarter-on-quarter in the March quarter,...

German import prices declined at the fastest pace in more than six years in April on falling energy prices, Destatis said Monday. Import prices decreased 6.6 percent year-on-year in April after falling 5.9 percent in March. Economists had forecast a 6.2 percent decline for April. This was the...

EEP07-011515_30May16.jpg Economic confidence survey results from euro area and consumer prices from Germany are due on Monday, headlining a busy day for the European economic news.

Dutch producer confidence dropped marginally in May after reaching to a 5-year high in the previous month, data from the Central Bureau of Statistics showed Monday. The producer confidence fell to 4.4 in May from 4.7 in April. In March, the reading was 3.9. Producers in the industry in May were...

New home sales in Australia decreased in April after rising sharply in the previous month, the Housing Industry Association said on Monday, Total home sales fell a seasonally adjusted 4.7 percent in April, in contrast to a 8.9 percent hike in March. Detached house sales dropped 3.0 percent over...

Retail sales in Japan were down 0.8 percent on year in April, the Ministry of Economy, Trade and Industry reported on Monday. That beat forecasts for a decline of 1.2 percent following the 1.0 percent fall in March. Sales from large retailers slumped 0.8 percent on year - also beating expectations...

Japan will on Monday release April figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Retail sales are expected to dip 0.5 percent on month and 1.3 percent on year after rising 1.4 percent on month and falling 1.1 percent on year in March. Sales from large retailers...

It will be appropriate for the Federal Reserve to raise interest this summer if the economy continues to improve, Fed Chair Janet Yellen said Friday afternoon. "I think for the Fed to gradually and cautiously increase our overnight interest over time and probably in the coming months, such a move...

CONSUMER-RETAIL_27May16.jpg Consumer sentiment in the U.S. improved by less than initially estimated in the month of May, according to a report released by the University of Michigan on Friday, although the consumer sentiment index remained at an eleven-month high.

Mexico's unemployment rate unexpectedly eased in April, figures from the statistical office INEGI showed Friday. The seasonally adjusted jobless rate declined to 3.9 percent from 4.2 percent in March. Economists had expected the rate to remain unchanged. The unadjusted unemployment rate, in contrast,...

USGDP-052716.jpg While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown. The report said the pace of growth in gross domestic product was upwardly revised to 0.8 percent.

Norway's central bank re-appointed Oystein Olsen as its chief for a second six-year term on Friday. Olsen was appointed as Governor of Norges Bank by the Council of State for a second six-year term, the bank said in a statement. He first became the Governor of the Norwegian central Bank in January,...

While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown.

Italy's business sentiment weakened unexpectedly in May, monthly survey results from the statistical office Istat showed Friday. The business confidence index fell to 102.1 in May from 102.7 in April. A similar lower reading was last seen in February. Economists had forecast the reading to rise to...

Lithuania's retail sales growth quickened in April, after easing in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, climbed a working-day-adjusted 6.3 percent year-over-year in April,faster than the 5.0 percent gain in March. In February, sales...

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