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Economy And The Numbers

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South Africa's producer price inflation eased further in February to the lowest level in fourteen months, data from Statistics South Africa showed Thursday. Producer prices for manufactured goods climbed 5.6 percent year-over-year in February, slower than the 5.9 percent rise in January. The figures...

Euro area still needs significant monetary stimulus as higher inflation is unlikely in the medium term, European Central Bank Governing Council member Erkki Liikanen said Thursday. "A very substantial degree of monetary accommodation is still needed in the euro area for underlying inflation pressures...

Hong Kong's retail sales declined at a faster pace in February, preliminary figures from the Census and Statistics Department showed Thursday. The value of retail sales fell 5.7 percent year-over-year in February, which was worse than the 1.0 percent drop in January. The measure has been falling since...

Eurozone economic confidence weakened unexpectedly in March, survey results from the European Commission showed Thursday. The economic sentiment index fell slightly to 107.9 in March from 108.0 in February. The score was forecast to rise to 108.3. The industrial confidence index dropped marginally...

Austria's manufacturing activity expanded strongly in March, albeit at the weakest pace in three months, survey figures from IHS Markit showed Thursday. The seasonally adjusted Bank Austria Purchasing Managers' Index, or PMI, dropped to 56.8 in March from 57.2 in February. However, any reading above...

Slovakia's economic sentiment weakened in March, after rising in the previous two months, data from the Statistical Office of the Slovak Republic showed Thursday. The economic sentiment indicator dropped to 104.6 in March from February's 10-month high of 105.1. Among components, the confidence...

Spain's inflation slowed more than forecast in March, flash data from the statistical office INE showed Thursday. Consumer price inflation eased to a 3-month low of 2.3 percent in March from 3 percent in February. Economists had forecast the rate to fall to 2.6 percent. Likewise, EU harmonized...

Austria's producer prices increased for the third straight month in February, preliminary figures from Statistics Austria showed Thursday. The producer price index rose 2.9 percent year-over-year in February, faster than the 2.0 percent climb in January. The PPI inflation was mainly driven by a...

Swiss economy is set to grow at above-average rates in the near future, a key indicator from the KOF Institute signaled as it unexpectedly rose for a second straight month. The KOF Economic Barometer climbed to 107.6 from 106.9 in February, revised down from 107.2. In contrast, economists had expected...

Norway's retail sales increased for the second straight month in February, figures from Statistics Norway showed Thursday. Retail sales volume, excluding motor vehicles, rose a seasonally adjusted 1.0 percent month-over-month in February, slower than the 1.4 percent climb in January. On an annual...

South Africa's money supply and private sector credit grew at weaker pace in February, figures from the South African Reserve Bank showed Thursday. M3 grew 6.63 percent year-on-year in February, slower than January's 7.91 percent increase. Economists had forecast the growth rate to remain at 7.9...

Dutch producer confidence strengthened further in March to the strongest level in nine years, figures from the Central Bureau of Statistics showed Thursday. The producer confidence index rose to 7.8 in March from 7.0 in the previous month. In January, the reading was 6.0. In March, producers in...

EEP5-091614_30Mar17.jpg Economic sentiment survey results from euro area and consumer prices from Germany are due on Thursday, headlining a light day for the European economic news.

Job vacancies in Australia increased in the three months ended February, figures from the Australian Bureau of Statistics showed Thursday. Total job vacancies climbed a seasonally adjusted 1.8 percent in the three-month period to February. This was followed by a 2.5 percent rise the previous three-month...

New home sales in Australia increased marginally in February, after falling in the previous month, the Housing Industry Association reported Thursday. Total home sales edged up a seasonally adjusted 0.2 percent month-over-month in February, reversing a 2.2 percent decline in January. Multi-unit...

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