logo

Economy And The Numbers

Share SHARE

The latest slowing in the private sector growth in the euro area and the fall in the price indices are unlikely to deter the European Central Bank from tapering its asset purchases this year, but the bank is likely to be very cautious about raising interest rates due to the lack of inflationary pressures,...

Germanbusinessconf-072517.jpg German business confidence strengthened further to a fresh record high in July as companies became more satisfied with their current situation amid the improving business outlook. The business confidence index rose to 116 in July from a revised 115.2 in June, survey data from the Ifo Institute showed Tuesday. The score was forecast to fall to 114.9.

Greece has made much progress since 2010 and investor confidence is returning to the country, European Commission Economic and Financial Affairs Commissioner Pierre Moscovici said Tuesday, as the country held a sale of its government bonds for the first time since 2014. Since February, Greece has...

Brazil's consumer confidence weakened for the second straight month in July, figures from the Getulio Vargas Foundation, or FGV, showed Tuesday. The consumer confidence index fell by 0.3 points to 82.0 in July from 82.3 in June. In May, the reading was 84.2. The current situation index recorded...

The British manufacturing output increased at the fastest pace since early 1995, the latest quarterly Industrial Trends Survey from the Confederation of British Industry showed Tuesday. A balance of 31 percent said the volume of output increased over three months to July, the highest since January...

Austria's production index increased in May from a year ago, figures from Statistics Austria showed Tuesday. The production index that combines output of both industry and construction, rose a working-day-adjusted 3.6 percent year-over-year in May. Construction output advanced 6.6 percent annually...

South Africa's leading index remained unchanged in May, South African Reserve Bank said Tuesday. The composite leading index came in at 95.8 in May, unchanged from April. On an annual basis, the indicator advanced 3.9 percent, but slower than April's 4.3 percent rise. Six of the ten component...

Poland's unemployment rate decreased for the fifth straight month in June, in line with expectations, figures from the Central Statistical Office showed Tuesday. The registered jobless rate fell to 7.1 percent in June from 7.4 percent in May. The figure also matched consensus estimate. In the corresponding...

Italy's industrial production expanded in May after easing for two consecutive months, figures from the statistical office Istat showed Tuesday. Industrial output grew 4.3 percent in May from April, when output fell 0.5 percent. Year-on-year, industrial production logged a double-digit growth...

German business confidence strengthened in July, reports said citing survey results from Ifo institute on Tuesday. The business confidence index rose to 116 in July. The score was forecast to fall to 114.9 from June's initially estimated value of 115.1 in June. Likewise, the current conditions...

Sweden's producer price inflation eased in June after remaining stable in the prior month, figures from Statistics Sweden showed Tuesday. Producer prices climbed 4.8 percent year-over-year in June, slower than the 7.2 percent stable rate of increase in May. The measure has been rising since October...

Germany construction orders declined notably in May from April, figures from Destatis showed Tuesday. New orders in the construction industry fell by seasonally adjusted 6.6 percent in May. In nominal terms, new orders in building construction and civil and underground engineering grew 2.4 percent...

Spain's producer price inflation eased further in June, figures from the statistical office INE showed Tuesday. Producer prices climbed 3.2 percent year-on-year in June, slower than the 5.2 percent increase seen in May. Excluding energy, producer prices grew at a weaker pace of 2.2 percent after...

French manufacturing confidence remained stable in July, survey data from the statistical office Insee showed Tuesday. The manufacturing sentiment index came in at 109 in July, the same as in June. Economists had forecast the score to remain at June's initially estimated value of 108.0. It has...

French producer prices in the domestic market decreased further in June, the statistical office Insee reported Tuesday. Producer prices dropped 0.4 percent month-over-month in June, following a 0.6 percent fall in May. The decline in June was mainly caused by a 7.7 percent plunge in prices of coke...

Follow RTT