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Economy And The Numbers

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Latvia's industrial production expanded at the fastest pace in four months in July, figures from the Central Statistical Office showed Thursday. Industrial production surged a calendar-adjusted 8.3 percent year-over-year in July, much faster than June's 4.2 percent climb. The latest rate of growth...

The French private sector growth slowed more than estimated to a 7-month low in August, final data from Markit showed Thursday. The final composite output index fell to 50.2 in August from 51.5 in July. It was well below the flash score of 51.3. The latest reading pointed to only a fractional rise...

Czech retail sales growth eased in July after accelerating in the previous month, figures from the Czech Statistical Office showed Thursday. Retail sales excluding automobile trade rose an unadjusted 5.5 percent year-over-year in July, slower than June's 6.7 percent climb. In May, sales grew 5.3 percent. Retail...

Eurozone retail sales increased in July after falling a month ago, data from Eurostat showed Thursday. Retail sales advanced 0.4 percent in July from the prior month, reversing a revised 0.2 percent fall in June. This was the fastest growth in three months. Economists had forecast sales to grow...

British services growth unexpectedly slowed for second straight month in August to its weakest rate in over two years as new business growth eased, survey results from Markit Economics and the Chartered Institute of Procurement & Supply showed Thursday. The Markit/CIPS services purchasing managers'...

Eurozone private sector growth improved more than estimated in August, final data from Markit showed Thursday. The final composite output index rose to 54.3 in August from 53.9 in July. The flash reading for August was 54.1. Output growth accelerated moderately in both the manufacturing and service...

Sweden's service sector activity expanded at a weaker pace in August, figures from the Swedbank showed Thursday. The purchasing managers' index, or PMI, fell by 4.1 index points to 52.4 in August from 56.5 in July, revised from 56.6. Economists had expected the same score of 56.5 in August. Any...

Italy's services sector grew at the fastest pace in nearly five-and-a-half years during August amid creation of more jobs, survey results from Markit Economics showed Thursday. The Markit/ADACI purchasing managers' index for the Italian services sector rose to 54.6 from 52 in July. Economists had...

Germany's private sector growth accelerated more than initially estimated to a 5-month high in August, final data from Markit showed Thursday. The composite output index rose to 55 in August from 53.7 in July. The flash reading for August was 54.0. The index signaled the strongest increase in private...

Hungary's retail sales growth accelerated unexpectedly in July, preliminary figures from the Hungarian Central Statistical Office showed Thursday. Retail sales surged a calendar-adjusted 7.0 percent year-over-year in July, faster than June's 6.2 percent climb. Economists had expected the growth to...

Sweden's central bank retained its benchmark rates on Thursday as the economic outlook and inflation prospects remain largely unchanged since the previous policy meeting in July. The Executive Board of the Riksbank decided to hold the repo rate at -0.35 percent as expected by economists. The bank...

Spain's services sustained its robust growth momentum in August, exceeding economists' expectations, helped by further sharp rises in activity and new business, survey results from Markit Economics showed Thursday. The purchasing managers' index for the Spanish services sector revealed a score of...

IMF-090315.jpg The International Monetary Fund said strong mutual policy action is needed to lift growth, as transition in China and lower commodity prices pose downside risks to global economic outlook. "Risks are tilted to the downside, and a simultaneous realization of some of these risks would imply a much weaker outlook," the lender said in a note prepared ahead of the G-20 finance ministers meeting.

Russia's service sector contracted unexpectedly in August, due to a general lack of growth in new business amid tough economic climate, survey figures from Markit Economics showed Thursday. The seasonally adjusted services Purchasing Managers' Index, or PMI, dropped to 49.1 in August from 51.6 in...

Turkey's inflation accelerated for the first time in three months during August and at a faster rate than economists' expected, figures from Turkstat showed Thursday. The consumer price index rose 7.14 percent year-on-year following 6.81 percent increase in July. Economists had expected inflation...

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