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Economy And The Numbers

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Austria's consumer price inflation accelerated further in January to the highest level in three-and-a-half years, figures from Statistics Austria showed Wednesday. The consumer price index climbed 2.0 percent year-over-year in January, faster than December's 1.4 percent rise. Moreover, this marked...

Norway's unemployment rate declined in December, the labor force data from Statistics Norway showed Wednesday. The jobless rate fell to 4.4 percent in December from 4.8 percent in September. However, the statistical office said the change was within the margin of error in the Labor Force Survey....

PaulChan-HK-022217.jpg Hong Kong's economic growth is forecast to improve this year, driven by domestic demand and sustained increase in infrastructure and construction activities, Financial Secretary Paul Chan said in his 2017-18 budget speech on Wednesday. The economy is projected to grow 2-3 percent this year compared to a moderate growth of 1.9 percent in 2016.

EEP15-011515_22Feb17.jpg Ifo business confidence survey from Germany and quarterly national accounts from the UK are the major reports due on Wednesday.

House prices in majority of the Chinese cities increased at the start of the year, figures from the National Bureau of Statistics showed Wednesday. On a monthly basis, house prices climbed 45 cities out of 70 surveyed by the government. It fell in 20 cities and remained flat in 5 cities. The highest...

Malaysia's consumer price inflation accelerated at a faster-than-expected pace in January, figures from the Department of Statistics showed Wednesday. The consumer price index climbed 3.2 percent year-over-year in January, much faster than the 1.8 percent stable rate of increase in December. Economists...

Hong Kong's economy is forecast to grow 2-3 percent this year, Financial Secretary Paul Chan said in his 2017-18 budget speech on Wednesday. For 2016 as a whole, there was a moderate growth of 1.9 percent, generally in line with 1-2 percent economic growth as forecast in last year's Budget, he noted. But,...

Total credit card spending in New Zealand increased for the second straight month in January, though marginally, data from the Reserve Bank of New Zealand showed Wednesday. Credit card spending edged up 0.2 percent month-over-month In January, much slower than the 3.2 percent climb in December. Overseas...

trade.jpg The total value of construction work done in Australia fell a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday - standing at A$46.263 billion. That missed forecasts for an increase of 0.5 percent following the upwardly...

The total value of construction work done in Australia was down a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday - coming in at A$46.263 billion. That missed forecasts for an increase of 0.5 percent following the upwardly...

Wage growth in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2016, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and up from 0.4 percent in the third quarter. Private sector wages rose 0.4 percent and public sector...

The Australian economy continued to expand in January, albeit at a slower pace, the latest survey from Westpac Bank showed on Wednesday - adding just 0.03 percent to its index. That follows the 0.43 percent growth in December, and it marks the sixth straight month of above-trend growth. Rising...

Australia will on Wednesday see Q4 numbers for wage costs, highlighting a modest day for Asia-Pacific economic activity. Wages are expected to have risen 0.5 percent on quarter and 1.9 percent on year after gaining 0.4 percent on quarter and 1.9 percent on year in the previous three months. Australia...

EurozonePMI-022117.jpg Eurozone private sector activity gained momentum in February, amid strong job creation, robust order books and business optimism, leading to the fastest expansion in nearly six years.

BOE-Carney-022117.jpg The Bank of England will not hesitate to change policy if deemed appropriate, Governor Mark Carney said at a parliamentary committee hearing on Tuesday. The BoE Chief defended the bank's estimate on unemployment when Andrew Tyrie, the chairman of Parliament's Treasury Committee, questioned the bank's estimate of spare capacity.

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