logo

Economy And The Numbers

Share SHARE

French manufacturing confidence weakened unexpectedly in August, survey data from the statistical office Insee showed Thursday. The manufacturing sentiment dropped to 101 in August from 103 in July. Economists had forecast the indicator to remain unchanged at 103. A similar low reading was last seen...

Sweden's economic sentiment decreased unexpectedly in August, mainly due to weaker confidence in the manufacturing industry, data from the National Institute of Economic Research showed Thursday. The economic tendency indicator dropped to 100.0 in August from 102.3 in the previous month. Meanwhile,...

Finland's retail sales declined in July from a year ago, preliminary figures from Statistics Finland showed Thursday. Retail sales fell 1.5 percent year-over-year in July. Similarly, the price-adjusted volume of retail sales decreased by 0.7 percent. In daily consumer goods trade, sales slid by...

The total value of new orders received by the German construction industry decreased in June, figures from Destatis showed Thursday. The seasonally, working-day and price-adjusted orders in construction dropped 1.8 percent month-over-month in June. On a yearly basis, orders surged a working-day...

EEP12-011515_25Aug16.jpg Business confidence from Germany is due on Thursday, headlining a light day for the European economic news.

Philippine foreign trade deficit increased markedly in June from a year ago, preliminary figures from the Philippine Statistical Authority showed Thursday. The trade deficit rose to $2.098 billion in June from $577 million in the corresponding month last year. It was also above the $2.003 billion...

Producer prices in Japan were up 0.4 percent on year in July, the Bank of Japan said on Thursday. That beat expectations for an increase of 0.1 percent following the 0.2 percent gain in June. On a monthly basis, process also jumped 0.4 percent following the flat reading in the previous month. Among...

Japan will on Thursday release July numbers for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are expected to add 0.1 percent on year after gaining 0.2 percent in June. Hong Kong will provide July figures for imports, exports and trade balance. In June,...

ExistingHomeSales-082416.jpg Existing home sales in the U.S. tumbled by much more than anticipated in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped 3.2 percent to an annual rate of 5.39 million in July.

Belgium's business confidence sharply deteriorated in August, after two months of improvement, survey figures from the National Bank of Belgium showed Wednesday. The business confidence index plunged to -3.1 from 1 in July. Economists had expected a modest decline to 0.8. Weakness was witnessed...

Brazil consumer confidence rose to its highest level since early 2015 in August, survey data from the think tank IBRE showed Wednesday. The consumer confidence index climbed to 79.3 from 76.7 in July. The reading rose for a fourth consecutive month and the score was the highest since January...

Poland's unemployment rate continued to decline in July, data from the statistical office showed Wednesday. The registered unemployment rate dropped to 8.6 percent from 8.8 percent in June. The decrease was in line with economists' expectations. The jobless rate has steadily decreased since March.

Iceland's central bank cut its key interest rate for the first time since 2014 as inflation is expected to remain below target. The Monetary Policy Committee of the Central Bank of Iceland decided to reduce the rate on seven-day term deposits to 5.25 percent from 5.75 percent. This was the first...

Germany-GDP-082416.jpg Germany's economy expanded in the second quarter on the back of foreign trade and spending, providing support to overall euro area expansion, which was weighed down by flat growth in France and Italy ahead of "Brexit" vote.Gross domestic product climbed 0.4 percent quarter-on-quarter, in line with the preliminary estimate, but slower than the 0.7 percent expansion seen in the March quarter.

South Africa's inflation eased more-than-expected in July to its lowest level in seven months, figures from the statistical office showed Wednesday. The consumer price index rose 6 percent year-on-year following 6.3 percent increase in June, the Statistics South Africa said. Economists had forecast...

Follow RTT