Economy And The Numbers

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New Zealand's gross domestic product added 0.7 percent on quarter in the second quarter of 2014, Statistics New Zealand said on Thursday. That was in line with forecasts, although it slowed from the 1.0 percent gain in the first quarter. Business services (up 4.2 percent) were the main driver of...

New Zealand will on Thursday release gross domestic product numbers for the second quarter of 2014, highlighting a modest day for Asia-Pacific economic news. GDP is expected to have risen 0.6 percent on quarter and 3.8 percent on year after gaining 1.0 percent on quarter and 3.8 percent on year in...

Janetyellen-091714.jpg   The Federal Reserve on Wednesday maintained its pledge to keep near-zero rates in place for a "considerable time" after its bond-buying stimulus program ends. Although policy makers refrained from offering a more specific time-line for raising interest rates, the central bank reduced its monthly asset...

nahbindx-091714.jpg With a firming job market helping to unleash pent-up demand for new homes, the National Association of Home Builders released a report on Wednesday showing that U.S. homebuilder confidence jumped to its highest level in almost nine years in September.

CPI-091714.jpg With a substantial decrease in energy prices more than offsetting higher prices for food and shelter, the Labor Department released a report on Wednesday showing an unexpected drop in U.S. consumer prices in the month of August.

With a substantial decrease in energy prices more than offsetting higher prices for food and shelter, the Labor Department released a report on Wednesday showing an unexpected drop in U.S. consumer prices in the month of August.

Poland's industrial production and producer prices declined in August, data from the Central Statistical Office showed Wednesday. Industrial output fell 1.9 percent in August from last year, confounding expectations for a 0.2 percent rise. Mining and quarrying output and manufacturing declined...

Switzerland's economic expectations turned negative for the first time since January 2013, a survey by the Mannheim-based Centre for European Economic Research (ZEW) and Credit Suisse showed Wednesday. The ZEW-CS Indicator declined by 10.2 points to -7.7 in September. This was its first negative reading...

BoE-Building-091714.jpg Policymakers of the Bank of England split on the rate decision in September as two members repeated their call for a quarter- point hike given the rapid absorption of slack with economic growth. The British unemployment rate continued to fall in July, reaching the lowest since late 2008, and jobless claims declined more than expected in August.

South Africa's retail sales grew much more-than-expected in July, figures from Statistics South Africa revealed Wednesday. Retail sales rose 2.4 percent annually, which was a bigger increase than the 0.8 percent gain forecast by economists. June's initially reported stagnation was revised to a 0.9...

The pace of decline in Portugal's industrial producer prices accelerated for a second straight month in August, data from Statistics Portugal showed Wednesday. The producer price index fell 0.9 percent annually following 0.8 percent decrease in July. It was the most severe drop since March, when...

British households' pessimism regarding their financial situation continued to ebb in September as pay growth remained strong, results of a survey by Markit Economics and financial information provider Ipsos Mori revealed Wednesday. The Markit Household Finance Index, which measures overall perceptions...

Eurozone construction output stagnated in July, after declining in June, figures from Eurostat showed Wednesday. Construction output remained unchanged month-over-month in July, after declining 0.4 percent increase in the previous month. In May, construction output dropped 1.4 percent. Output in...

Malaysia's consumer prices rose more than expected in August, figures from the Department of Statistics showed Wednesday. Consumer prices grew 3.3 percent year-over-year in August. Economists had expected consumer prices to rise 3.2 percent, the same rate as in July. Food and non-food prices also...

Eurozone inflation remained stable at 0.4 percent in August, final data from Eurostat showed Wednesday. Monthly inflation was 0.1 percent. The statistical office earlier estimated an annual rate of 0.3 percent for August. Inflation continues to stay below the European Central Bank's target of 'below...