Economy And The Numbers

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Italy's government lowered tax on low income earners so as to boost household income and domestic demand. Prime Minister Matteo Renzi on Friday said the reduction will help about 10 million tax payers. He said the move will reduce taxes by around EUR 80 per month, starting May, for people earning...

Slovenia's output prices continued to decline in March, figures from the Statistical Office of the Republic of Slovenia showed Friday. Output prices fell 0.9 percent year-on-year in March, after a 1 percent decline in February. Prices have been falling since September last year. Domestic market...

Italy's hourly wages remained flat in March from February, the statistical office Istat said Friday. The wage growth slowed to 0.1 percent in February from 0.6 percent in January. On a yearly basis, hourly wages rose 1.4 percent for the third consecutive month in March. Consequently, during January...

The Conference Board's leading economic index for France declined in February, after increasing in the previous four months, data showed Friday. The recent behavior of the composite indexes suggests that France's economy is likely to moderately improve through the first half of 2014, the Conference...

Italy's industrial orders declined for a second time in three months in February, data from the statistical office Istat showed Friday. Industrial orders dropped 3.1 percent from a month ago as both domestic and foreign demand deteriorated in February. The decline reversed January's revised 4.7 percent...

Dutch consumer confidence improved for the seventh consecutive month in April, as households remained positive regarding the economic situation, data from the Central Bureau of Statistics showed Friday. The consumer confidence rose to -5 from -7 in March, in line with expectations of economists. The...

Chile central bank maintained its key rate late Thursday as inflation accelerated after lowering the interest rates over the last few months. The Board of the Central Bank of Chile decided to hold the key rate at 4 percent. The bank has lowered the rate by 100 basis points since last October. The...

Employee wages in Hungary grew at a faster rate in February, figures from the Hungarian Central Statistical Office showed Friday. Gross earnings in forint rose 1.7 percent year-on-year, following a 0.9 percent gain in January. Excluding the family tax benefit, net earnings rose 1.7 percent annually...

House prices increased in almost all major Chinese cities in March despite tightening controls on speculative transactions and lending, data compiled by the National Bureau of Statistics revealed Friday. Prices increased in 69 of the 70 cities surveyed by the statistical office in March. Wenzhou was...

U.K. households' sentiment on current and future house prices reached a record high in April, survey data from Knight Frank and Markit Economics showed Friday. The house price sentiment index rose to 62.7 from 61.5 in March. Any reading above 50 indicates prices are rising. This was the thirteenth...

An index measuring tertiary industrial activity in Japan was down a seasonally adjusted 1.0 percent on month in February, the Ministry of Economy, Trade and Industry said on Friday - standing at 100.6. That was well shy of forecasts for an increase of 0.2 percent following the 0.9 percent jump in...

Japan will on Friday see February numbers for its tertiary industry index, highlighting a light day for Asia-Pacific activity. In January, the index was up 0.9 percent on month. Also, many of the regional bourses are closed in observance of Good Friday, including Australia, Hong Kong, New Zealand,...

philadelphiaFed-041714.jpg Growth in Philadelphia-area manufacturing activity has accelerated by much more than anticipated in the month of April, according to the results of the Federal Reserve Bank of Philadelphia's Business Outlook Survey released on Thursday. The Philly Fed said its diffusion index of current activity climbed to 16.6 in April from 9.0 in March, with a positive reading indicating growth.

Growth in Philadelphia-area manufacturing activity has accelerated by much more than anticipated in the month of April, according to the results of the Federal Reserve Bank of Philadelphia's Business Outlook Survey released on Thursday.

Jobless-Claims-041714.jpg After reporting initial jobless claims at their lowest level in almost seven years in the previous week, the Labor Department released a report on Thursday showing that claims rebounded slightly in the week ended April 12th. The Labor Department said initial jobless claims inched up to 304,000, an increase of 2,000 from the previous week's revised level of 302,000.