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Economy And The Numbers

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Hourly wages in Italy increased for the first time in four months in June, figures from the statistical office Istat showed Thursday. Contractual hourly wages rose 0.2 percent month-over-month in June, after remaining flat in the previous three months. On an annual basis, hourly wages grew at a...

Slovakia's producer prices decreased at a slower annual pace in June, data from the Statistical Office of the Slovak Republic showed Thursday. The total producer price index declined 4.8 percent following a 5.5 percent fall in May. Domestic producer prices dropped 5.5 percent and export producer...

Germany's unemployment declined more than expected in July, reports said citing data from the Federal Labor Agency on Thursday. The number of people out of work fell 7,000 in July from June. Economists had forecast a decrease of 4,000. The jobless rate held steady at 6.1 percent as expected in...

Spanish home mortgages continued their strong growth in May, figures from the statistical office INE showed Thursday. The number of mortgages for home purchases jumped 34.1 percent year-on-year in May. However, the average loan amount declined 0.8 percent to EUR 104,480. The value of house mortgage...

Spain's jobless rate declined in the second quarter but it remained at an elevated level, the statistical office INE said Thursday. The unemployment rate dropped to 20 percent from 21 percent in the first quarter. In the same period of last year, the rate was 22.37 percent. The number of unemployed...

Hungary's unemployment rate decreased more-than-expected in the three months ended June, figures from the Hungarian Central Statistical Office showed Thursday. The jobless rate fell to 5.1 percent in the April to June period from 5.5 percent in the March to May period. Economists had expected the...

U.K. house prices increased more than expected in July after Britons voted to leave the European Union, data from the Nationwide Building Society showed Thursday. Annual growth in house prices increased to a 4-month high of 5.2 percent in July from 5.1 percent in June, while it was expected to ease...

Germany's unemployment rate held steady in June, after falling slightly in the previous month, preliminary figures from Destatis showed Thursday. The adjusted jobless rate came in at 4.2 percent in June, the same rate as in June. In the corresponding month last year, the unemployment rate was 4.7...

Europe's new commercial vehicle registrations increased for the 18th consecutive month in June, data from the European Automobile Manufacturers' Association showed Thursday. Commercial vehicle sales grew 13.3 percent year-on-year to 223,519 units in June. All major markets reported growth with Italy...

EEP10-011515_28Jul16.jpg Economic confidence from euro area and unemployment from Germany are due on Thursday, headlining a busy day for the European economic news.

U.K. car production reached a 16-year high, the Society of Motor Manufacturers and Traders said Thursday. However, the lobby cautioned that future growth remains uncertain as the survey highlighted industry concerns over trade and investment after "Brexit" vote. Car production advanced 10.4 percent...

Dutch producer confidence weakened slightly in July after improving in the previous month, figures from the Central Bureau of Statistics showed Thursday. The producer confidence index dropped to 5.1 in July from 5.4 in June, which was he highest level of business confidence in more than five years. The...

Singapore's unemployment rate increased more-than-expected in the three months ended June, after remaining stable in the previous quarter, preliminary figures from the Ministry of Manpower showed Thursday. The overall jobless rate rose to a seasonally adjusted 2.1 percent in the second quarter from...

Export prices in Australia were up 1.4 percent on quarter in the second quarter of 2016, the Australian Bureau of Statistics said on Thursday. That was shy of forecasts for 3.0 percent following the 4.7 percent contraction in the previous three months. Import prices slipped 1.0 percent on quarter...

Australia will on Thursday release Q2 figures for import and export prices, highlighting a light day for Asia-Pacific economic activity. Export prices are expected to add 3.0 percent on quarter after sliding 4.7 percent in the first quarter. Import prices are tipped to gain 1.5 percent on quarter...

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