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Economy And The Numbers

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Industrialproduction-US-121517.jpg After reporting a much bigger than expected increase in U.S. industrial production in the previous month, the Federal Reserve released a report on Friday showing that production rose by less than expected in the month of November. The Fed said industrial production edged up by 0.2 percent.

Empirestatemanufacturing-121517.jpg Growth in New York manufacturing activity slowed by more than anticipated in the month of December, according to a report released by the Federal Reserve Bank of New York on Friday. The New York Fed said its general business conditions index dropped to 18.0 in December from 19.4 in November, although...

Growth in New York manufacturing activity slowed by more than anticipated in the month of December, according to a report released by the Federal Reserve Bank of New York on Friday.

Russia-centralbank-121517.jpg Russia's central bank slashed the benchmark rate by half a percentage point on Friday amid expectations for a quarter point reduction. Policymakers signaled further easing in the first half of 2018. The Board of Directors trimmed the key rate to 7.75 percent from 8.25 percent, the Bank of Russia said in a statement.

Ireland's foreign trade surplus increased in October, as imports fell faster than exports, data from the Central Statistics Office showed Friday. The seasonally adjusted trade surplus rose to EUR 3.9 billion in October from EUR 3.5 billion in September. In the corresponding month last year, the...

Ireland's economy expanded for the second straight quarter in the three months ended September, and at an accelerated pace, preliminary data from the Central Statistics Office showed Friday. Gross domestic product advanced a seasonally adjusted 4.2 percent sequentially in the third quarter, faster...

Russia's central bank decided to lower the rate by half a percentage point after a quarter point cut in October. The Board of Directors decided to cut the key rate by 50 basis points to 7.75 percent from 8.25 percent, the Bank of Russia said in a statement on Friday. The bank was expected to reduce...

Croatia's consumer price inflation remained stable for the second straight month in November, figures from the Croatian Bureau of Statistics showed Friday. The consumer price index climbed 1.4 percent year-over-year in November, the same rate of increase as in the previous two months. The measure...

The Eurozone trade surplus declined to a three-month low in October as exports dropped amid an increase in imports, figures from Eurostat showed Friday. The trade surplus fell to a seasonally adjusted EUR 19 billion in October from EUR 24.5 billion in September. This was the lowest since July. The...

Spain's central bank downgraded its growth projections citing the uncertainty arising from the situation in Catalonia. In a report released Friday, the Bank of Spain said it anticipated that after growth of 3.1 percent this year, gross domestic product will increase by 2.4 percent in 2018 and 2.1...

Germany's central bank raised its growth projections but the pace of expansion is forecast to slow through 2020. The largest euro area economy is forecast to grow 2.6 percent this year and 2.5 percent in 2018, Bundesbank said Friday. The projection for 2017 was revised up from 1.9 percent and that...

Denmark's producer price inflation eased for the second straight month in November, figures from Statistics Denmark showed Friday. The producer price index climbed 1.2 percent year-over-year in November, slower than September's 1.9 percent increase. The measure has been rising since November last...

Norway's foreign trade balance turned to a deficit in November from a surplus in the previous year, as imports grew much faster than exports, preliminary figures from Statistics Norway showed Friday. The trade balance came in at a deficit of NOK 4.19 billion versus a surplus of NOK 13.5 billion in...

Finland's economic output expanded at a slower pace in October from a year ago, figures from Statistics Finland showed Friday. National output advanced a working-day-adjusted 2.6 percent year-over-year in October, following a 3.4 percent rise in September, which was revised down from 3.8 percent. Primary...

Turkey's unemployment rate remained unchanged in September, figures from the Turkish Statistical Institute showed Friday. The unemployment rate held steady at 10.6 percent in September. In the same period of 2016, the rate was 11.3 percent. The jobless rate was forecast to rise to 10.7 percent. The...

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