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Economy And The Numbers

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boj-013117_23jan19.jpg The Bank of Japan kept its monetary policy unchanged on Wednesday, but downgraded the inflation forecasts, primarily driven by a sharp fall in oil prices. The Policy Board of the BoJ voted 7-2 to purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent. The board maintained interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.

japanexports-112510.jpg Japan had a merchandise trade deficit of 55.286 billion yen in December, the Ministry of Finance said on Wednesday. That missed expectations for a deficit of 35.3 billion yen following the 737.7 billion yen shortfall in November. Exports were down 3.8 percent on year to 7.023 trillion yen - shy...

Japan posted a merchandise trade deficit of 55.286 billion yen in December, the Ministry of Finance said on Wednesday. That missed expectations for a deficit of 35.3 billion yen following the 737.7 billion yen shortfall in November. Exports were down 3.8 percent on year to 7.023 trillion yen -...

newzealandcpi-071510.jpg Consumer prices in New Zealand climbed an unadjusted 0.1 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Wednesday. That beat expectations for a flat reading following the 0.9 percent quarterly increase in the three months prior. Food prices fell 1.3 percent, influenced...

Consumer prices in New Zealand were up an unadjusted 0.1 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Wednesday. That beat expectations for a flat reading following the 0.9 percent quarterly increase in the three months prior. Housing and household utilities...

The Bank of Japan will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark lending rate unchanged at -0.10 percent. Japan also will...

existing-home-sales-012219.jpg Partly reflecting higher interest rates during much of 2018, the National Association of Realtors released a report on Tuesday showing a much steeper than expected drop in U.S. existing home sales in the month of December.

Hong Kong's inflation eased for a second straight month in December to its lowest level in four months, data from the Census and Statistics Department showed on Tuesday. Consumer prices climbed 2.5 percent year-on-year in December, following a 2.6 percent rise in November. Economists had expected...

South Korea's producer price inflation slowed further in December, data from the Bank of Korea showed on Tuesday. Producer prices advanced 1.0 percent year-on-year, slower than 1.5 percent seen in November. Manufacturing producer prices rose 0.3 percent year-on-year, and those for the utility...

uk-unemployment-041217_22jan19.jpg The UK employment hit a record high in December and the workers' pay grew at the fastest pace in a decade amid steady unemployment, despite the Brexit chaos. The employment level grew by 141,000 sequentially to a record high 32.54 million in the three months to November, figures from the Office for National Statistics showed on Tuesday.

germanyeconomic-oct16_22jan19.jpg Germany's investor confidence improved further at the start of the year to its highest level in four months, defying expectations for a weakening, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to -15.0 points from -17.5 in December, the Mannheim-based think tank said.

southkorea-jan22.jpg South Korea's economy expanded at the slowest pace in six years in 2018, as a pick-up in the fourth quarter was not enough to offset the impact of weakening exports. Gross domestic product rose 2.7 percent in 2018, which was slower than the 3.1 percent growth in 2017, data from the Bank of Korea showed on Tuesday.

UK budget deficit for December exceeded economists' expectations and was the second lowest figure for the month in 18 years, figures from the Office for National Statistics showed Tuesday. The public sector net borrowing, or PSNB, was GBP 3 billion in December, which was GBP 0.3 billion more than...

The UK employment hit a record high in December and the workers' pay grew at the fastest pace in a decade amid steady unemployment, figures from the Office for National Statistics showed on Tuesday. The employment level grew by 141,000 sequentially to a record high 32.54 million in the three months...

Germany's investor confidence improved further at the start of the year to its highest level in four months, defying expectations for a weakening, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to...

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