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Economy And The Numbers

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SwissGDP-082815.jpg Switzerland's economy avoided recession in the second quarter on the back of rising spending and investment, data published by the State Secretariat for Economic Affairs showed Friday. Gross domestic product grew unexpectedly by 0.2 percent sequentially in the second quarter, offsetting a 0.2 percent fall in the prior quarter. Economists had forecast a 0.1 percent fall.

Hungary's unemployment rate decreased in the three months ended July, figures from the Hungarian Central Statistical Office showed Friday. The unemployment rate fell to 6.8 percent in the May to July period from 6.9 percent in the April to June period. In the March to May period, the rate was 7.1...

Corrects typo in headline French producer prices continued the decreasing trend in July, figures from the statistical office INSEE revealed Friday. Producer prices for the French market fell 1.6 percent year-over-year in July, but slower than previous month's 1.9 percent drop. On a monthly basis,...

Switzerland's economy recovered unexpectedly in the second quarter on the back of spending and investment, data published by the State Secretariat for Economic Affairs showed Friday. The balance of trade in goods made a positive contribution to GDP growth because imports fell more than exports. On...

Singapore's producer prices continued to decline in July although at a slightly slower pace than in the previous month, figures from the Department of Statistics showed Friday. The manufactured products price index dropped 8.0 percent year-over-year in July, following a 8.1 percent decrease in June....

EEP21-011515_28Aug15.jpg Consumer prices from Germany and economic confidence from euro area are due on Friday, headlining a busy day for the European economic news.

Profits earned by Chinese industrial enterprises decreased in July after rising in the previous month, figures from the National Bureau of Statistics showed Friday. Industrial profits fell 2.9 percent year-over-year to CNY 471.56 billion in July following a 0.3 percent rise in the preceding month. The...

japantrade-042110.jpg Nationwide consumer prices in Japan added 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - matching forecasts and slowing from 0.4 percent in June. Overall core consumer prices, which exclude the volatile costs of food, were flat on month. That beat...

Consumer confidence in the United Kingdom jumped in August, data collecting website GfK said on Friday, as its index climbed to a reading of +7. That beat forecasts for +4, which would have been unchanged from the July reading. It also matched the June figure as a 15-year high. "Rising house...

Retail sales in Japan were up 1.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday. That beat forecasts for an increase of 1.1 percent following the 1.0 percent gain in June. Sales from large retailers jumped an annual 2.1 percent, matching forecasts and up from...

Nationwide consumer prices in Japan were up 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - in line with forecasts and slowing from 0.4 percent in June. Overall core consumer prices, which exclude the volatile costs of food, were flat on month. That...

The unemployment rate in Japan came in at a seasonally adjusted 3.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday. That was below forecasts for 3.4 percent, which would have been unchanged from the June reading. The job-to-applicant ratio was 1.20 - exceeding...

The average of household spending in Japan was down 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 280,471 yen. That was shy of expectations for an increase of 0.5 percent following the 2.0 percent decline in June. The average of monthly...

pendinghmesales-082715.jpg While the National Association of Realtors released a report on Thursday showing pending home sales in the U.S. rose for the sixth time in seven months in July, the pace of growth fell short of economist estimates.

GDP-082715.jpg Economic activity in the U.S. increased by much more than previously estimated in the second quarter of 2015, the Commerce Department revealed in a report on Thursday. The Commerce Department said real gross domestic product increased by 3.7 percent in the second quarter.

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