Economy And The Numbers

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Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth.

EurozoneInflation-Jobless-103114.jpg Eurozone inflation rose slightly in October but it remained consistently below 1 percent, signifying the risk of deflation in the currency bloc. At the same time, the unemployment rate held steady at an elevated level in September. Inflation rose marginally to 0.4 percent in October from 0.3 percent in September, flash data from Eurostat showed Friday.

Italy's consumer prices rose unexpectedly in October, preliminary figures from the statistical office ISTAT showed Friday. The consumer price index edged up 0.1 percent annually following 0.2 percent fall in September. Economists had forecast a 0.1 percent drop. The latest increase in prices was the...

RussiaFlag-103114.jpg Russia's central bank lifted its key rate sharply by a bigger-than-expected 150 basis points to counteract the slide in ruble and rising inflation. The Bank of Russia decided on Friday to raise its key rate to 9.50 percent from 8 percent. The bank was expected to hike its rate by 50 basis points. This was the fourth interest rate increase this year.

Hungary's industrial producer prices fell for the seventh consecutive month in September, figures from the Hungarian Central Statistical Office showed Friday. The producer price index dropped 0.7 percent year-on-year following 0.4 percent fall in August. Prices have been declining since May. Month-on-month,...

The euro area jobless rate remained stable at 11.5 percent in September, Eurostat reported Friday. The rate came in line with expectations. Compared with August, the number of persons unemployed decreased by 19,000 in September. On a yearly basis, unemployment plunged 826,000. The youth unemployment...

Eurozone inflation rose slightly in October as expected by economists, flash data from Eurostat showed Friday. Inflation rose to 0.4 percent in October from 0.3 percent in September. It has been below the 2 percent ceiling since February 2013. Core inflation, which excludes energy, food, alcohol...

The unemployment rate in Italy increased unexpectedly in September, a report from the statistical office Istat showed Friday. The jobless rate rose to 12.6 percent in September from 12.5 percent in August. Economists had expected the unemployment rate to come in at 12.4 percent. The total number...

Turkey's trade deficit decreased more than expected in September, preliminary figures from the Turkish Statistical Institute showed Friday. The foreign trade deficit narrowed to $ 6.93 billion in September from $ 7.56 billion in the same month of the previous year. Economists had expected the deficit...

A measure of the current economic situation in the euro area declined for the fourth consecutive month in October, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The eurocoin indicator fell to 0.08 in October from 0.13 in the prior month. This was the lowest...

French consumer spending declined more than expected in September on weak clothing sales, data from the statistical office Insee revealed Friday. Household consumption fell 0.8 percent month-on-month in September following a 0.9 percent rise in August. Economists had forecast a slight 0.3 percent...

France's producer prices declined less-than-expected in September, figures from the statistical office INSEE revealed Friday. Producer prices in the French market dropped 1.4 percent annually, which less than the 1.7 percent decline forecast by economists. In August, producer prices had fallen 1.4...

German retail sales declined at the fastest pace since May 2007 in September, data from Destatis showed Friday. Retail sales were down 3.2 percent in September from August, while economists forecast a 0.9 percent drop. This was the biggest monthly fall since May 2007. The increase for August was revised...

Estonia's industrial production increased at an accelerated pace in September, figures from Statistics Estonia showed Friday. Industrial output rose 3.6 percent year-on-year in September after the 2.7 percent growth in August. Manufacturing output climbed 6.8 percent in September. Meanwhile, mining...

Estonia's retail sales rose at a slower pace in September, figures from Statistics Estonia showed Friday. The retail turnover volume index climbed 6 percent year-on-year in September, faster than August's 7 percent growth. Retail sales in non-specialized food stores advanced 7 percent and sales...