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Economy And The Numbers

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Taiwan's unemployment rate decreased more-than-expected at the end of the year, the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Monday. The seasonally adjusted jobless rate fell to 3.82 percent in December from 3.84 percent in November. Economists had expected the rate...

Japan will on Monday see final November numbers for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity. The preliminary reading had the leading index at a score of 102.7, while the coincident was at 115.1. Japan also will see November figures for its all...

China's central bank temporarily reduced the amount of cash that big 5 banks should maintain as reserves to avoid a liquidity crunch ahead of the Lunar New Year holiday. The People's Bank of China trimmed the reserve requirement ratio for the banks by one percentage point to 16 percent, Reuters reported...

Ireland's output prices increased in December after falling in the previous month, figures from the Central Statistics Office showed Friday. The manufacturing industries output price index, excluding VAT, climbed 1.3 percent year-over-year in December, reversing a 0.3 percent drop in November. The...

Latvia's producer prices decreased at a slower pace in December, figures from the Central Statistical Bureau showed Friday. The producer price index fell 0.8 percent year-over-year in December, following a 1.4 percent stable rate of decline in November. The measure has been falling since January 2015. The...

UK-RS-012017.jpg U.K. retail sales declined at the fastest pace in more than four years in December as consumers minimized their spending amid rising inflation. Retail sales volume including auto fuel fell 1.9 percent from November, when it dropped by a marginal 0.1 percent, the Office for National Statistics said Friday.

Greece's current account deficit increased marginally in November, preliminary figures from the Bank of Greece showed Friday. The current account deficit almost unchanged in November. It rose to EUR 1.2 billion from EUR 1.17 billion in the corresponding month last year. The deficit on goods trade...

Eurozone near-term inflation was forecast to be higher than previous projection on higher oil prices, while longer-term inflation expectations remain unchanged, according to the Survey of Professional Forecasters published by European Central Bank. Inflation was forecast to be 1.4 percent this year,...

U.K. retail sales declined more than expected in December on non-food store sales, data from the Office for National Statistics showed Friday. Retail sales volume including auto fuel fell 1.9 percent from November following a marginal 0.1 percent drop in November. This was bigger than the expected...

Denmark's retail sales decreased for the second straight month in December, preliminary figures from Statistics Denmark showed Friday. Retail sales fell 1.1 percent month-over-month in December, faster than the 0.1 percent slight drop in November. In October, sales had risen 0.7 percent. Sales...

Germany's producer prices increased at the fastest pace in almost four years in December, Destatis reported Friday. Producer prices rose 1 percent year-on-year in December as expected, the fastest since January 2013, when prices climbed 1.5 percent. This was the second consecutive increase in...

EEP06-011515_20Jan17.jpg Retail sales from the U.K. is the only major report due on Friday, headlining a light day for the European economic news.

Estonia's producer prices increased for the third successive month in December, figures from Statistics Estonia showed Thursday. The producer price index climbed 2.5 percent year-over-year in December, faster than the 1.5 percent rise in the previous month. The annual growth in December was largely...

China-Q4-GDP-012017.jpg China's economy expanded at a faster pace in the fourth quarter on spending, while the full-year growth hit the weakest in 26 years, data from the National Bureau of Statistics revealed Friday. Gross domestic product grew 6.8 percent in the fourth quarter, while economists expected the rate to stabilize again at 6.7 percent.

New home sales in Australia surged in November after falling sharply in the previous month, the Housing Industry Association said on Friday. Total home sales grew a seasonally adjusted 6.1 percent month-over-month in November, reversing a 8.5 percent decline in October. Detached house sales climbed...

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