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Economy And The Numbers

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The manufacturing sector in Japan continued to expand in January, and at a faster pace, the latest survey from Nikkei revealed on Tuesday with a PMI score of 52.8. Now at a 34-month high, the January reading is up from 52.4 in December. It also moves further above the boom-or-bust line of 50 that...

Japan will on Monday see preliminary January numbers for the manufacturing PMI from Nikkei, highlighting a light day for Asia-Pacific economic activity. The manufacturing PMI in December came in at 52.4, above the boom-or-bust line of 50 that separates expansion from contraction.

Bond purchases by the European Central Bank caused a 6.5 percent devaluation in the euro against the US dollar since 2014 till the end of last year, reports said Monday, citing a Bundesbank study. However, the impact of asset purchases was small, the study added. ECB President Mario Draghi has...

Japan's government retained its economic assessment on Monday, saying the economy is on a moderate recovery. The Cabinet Office reiterated that private consumption showed movements of picking up, while business investment improvement appeared to be pausing. On the foreign demand, the government...

The euro area government debt declined in the third quarter, the European Central Bank said Monday. The government debt to GDP came in at 90.1 percent in the third quarter compared to 91.2 percent in the second quarter. In the same period last year, the government debt was 91.5 percent. At the...

Lithuania's industrial production increased notably in December from a year ago, figures from the Department of Statistics showed Monday. Industrial production advanced a working-day-adjusted 5.2 percent year-over-year in December. On an unadjusted basis, production climbed 6.3 percent. Manufacturing...

Denmark's consumer confidence improved at the start of the year to its highest level in five months, figures from Statistics Denmark showed Monday. The consumer confidence index rose to 4.5 in January from -0.3 in December. This was the highest reading since August 2015, when it marked 4.8. Households'...

Switzerland's money supply grew at the fastest pace since late 2014, the Swiss National Bank reported Monday. M3 growth accelerated to 3 percent from 1.8 percent in November. This was the fastest since December 2014. At the same time, the annual growth in the narrow measure M1 advanced to 6.1 percent...

Hong Kong's consumer price inflation held steady for the second straight month in December, figures from the Census and Statistics Department showed Monday. The consumer price index rose 1.2 percent year-over-year in December, the same rate of increase as in the previous two months. The underlying...

Eyitemclub-012317.jpg The U.K. economy is set to undergo a fairly gradual dip and recover over the coming four years as the country is set to initiate steps to leave the EU this year. According to the EY ITEM Club winter forecast, released Monday, the economy has to shift its reliance from consumer spending towards exports as households started to contain their expenditure due to rising inflation.

Turkey's consumer confidence improved at the start of the year, after weakening in the previous month, figures from the Turkish Statistical Institute showed Monday. The consumer confidence index rose to 66.9 in January from December's 14-month low of 63.4. Households' financial situation expectations...

Japan's supermarket sales declined in December after rising in the previous two months, data from the Japan Chain Stores Association showed Monday. Supermarket sales, after adjustment, dropped 2.0 percent year-over-year in December, reversing a 0.8 percent increase in November. Before store adjustment,...

Singapore inflation turned positive for the first time in more than two years in December, figures from the Ministry of Trade and Industry and Monetary Authority of Singapore showed Monday. Consumer prices gained 0.2 percent year-on-year in December after staying flat in November. The annual rate...

Japan's leading index climbed more than initially estimated in November and remained at the highest level in fifteen months, latest figures from from the Cabinet Office showed Monday. The leading index, which measures the future economic activity, rose to 102.8 in November from 100.8 in October. The...

Confidence among financial services firms deteriorated for the fourth consecutive quarter, the longest period of declining since the financial crisis in 2008, the Financial Services Survey from the Confederation of British Industry and PwC showed Monday. Business volumes were flat in the fourth quarter...

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