logo

Economy And The Numbers

Share SHARE

French unemployment increased slightly in October, data from the Labour Ministry revealed Friday. The number of registered unemployed rose 0.2 percent from the previous month to 3,483,600 in October. According to data published earlier by the statistical office, the jobless rate climbed to 9.7...

Euro zone consumers still prefer cash to other options for paying for their purchases, though numerous survey have suggested that a cashless society is imminent, results of a study by the European Central Bank showed Friday. Nearly 79 percent of all transactions at the point-of-sale terminals in the...

Fake statistics are equally threatening to the euro area economy as fake news is to politics, European Central Bank Executive Board member Benoit Coeure said Friday. "Just as there are concerns about "fake news" dominating social media, there is a risk of "fake", or at least poor quality, statistics...

As the outlook for consumption is improving, the Eurozone economy is on its way to extend a surprisingly positive run into next year, Bert Colijn, a senior economist at ING, said. The flash consumer confidence index rose to -1 in October from -1.2 in September, marking its eighth highest reading since...

Switzerland's industrial production and turnover increased notably in the third quarter, the Federal Statistical Office reported Friday. Industrial production grew 8.6 percent year-on-year in the third quarter and turnover advanced 7.5 percent from the previous year. Industrial output surged...

GermanyBusinessConfidence-112417.jpg Germany's business confidence strengthened to a new record in November on optimistic expectations, suggesting another strong quarter for the economy. The business climate index rose to 117.5 in November from a revised 116.8 in October, survey data published by the Ifo Institute showed Friday. The score was forecast to remain at October's initially estimated value of 116.7.

UK mortgage approvals declined to a 13-month low in October, data from UK Finance showed Friday. The number of mortgages approved in October fell to 40,488 from 41,576 in September. This was the lowest since September 2016. Gross mortgage borrowing grew 16 percent annually to GBP 14.2 billion in...

Turkey's capacity utilization rate increased for the fourth straight month in November, while business confidence weakened further, figures from the central bank revealed Friday. The capacity utilization rate rose to 79.9 percent in November from 79.7 percent in October. On a seasonally adjusted...

Poland's unemployment rate decreased more-than-expected in October, figures from the Central Statistical Office showed Friday. The registered jobless rate declined to 6.6 percent in October from 6.8 percent in September. Economists had expected the rate to fall to 6.7 percent. In the corresponding...

Brazil business confidence climbed for a fifth straight month in November to its highest level in nearly four years, survey data from the think tank FGV showed Friday. The business confidence index rose to 98.1 from 95.4 in October. The reading was the highest since February 2014, when it was 98.3,...

Italy's industrial orders decreased in September, after rebounding strongly in the previous month, figures from the statistical office Istat showed Friday. Industrial orders dropped a seasonally adjusted 3.9 percent month-over-month in September, reversing a 5.3 percent climb in August. Domestic...

Sweden's producer price inflation eased in October to the lowest level in a year, figures from Statistics Sweden showed Friday. Producer prices rose 2.5 percent year-over-year in October, much slower than the 4.3 percent climb in September. Moreover, the latest PPI inflation was the weakest since...

Denmark's retail sales decreased in October, after rebounding in the previous month, preliminary figures from Statistics Denmark showed Friday. Retail trade turnover dropped a seasonally and price-adjusted 1.1 percent month-over-month in October, in contrast to a 0.7 percent rise in September. Clothing...

Taiwan's economic growth accelerated in the three months ended September, latest figures from from the Directorate General of Budget, Accounting & Statistics (DGBAS) showed Friday. Real gross domestic product advanced 3.10 percent year-over-year in the third quarter, revised down fractionally from...

Austria's production index continued to rise in September, data from Statistics Austria revealed Friday. The production index that combines output of both industry and construction, grew 3.7 percent year-on-year in September. Industrial output advanced 4 percent and construction output gained...

Follow RTT