Economy And The Numbers

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The U.K. economy grew as estimated in the third quarter, the second estimates from the Office for National Statistics showed Wednesday. Gross domestic product grew 0.7 percent sequentially in the third quarter, unrevised from the previous estimate published on October 24. The growth follows a 0.9...

Sweden's economic sentiment weakened more than expected in November as all indicators deteriorated somewhat, except for manufacturing, survey data from the National Institute of Economic Research showed Wednesday. The economic tendency indicator fell 0.5 points to 103.6 in November. Economists had...

Producer prices in Hungary rose in October, snapping a 7-month string of declining prices, figures from the Hungarian Central Statistical Office showed Wednesday. Producer prices rose 0.7 percent year-on-year in October compared to a 0.3 percent decline in September. This was the first increase in...

French consumer confidence strengthened in November, survey data from the statistical office Insee showed Wednesday. The consumer confidence index rose to 87 in November from 85 in October. The score was forecast to rise slightly to 86. The gauge for households' opinion of their future financial...

Germany's import prices continued to decline but the pace of decrease slowed in October, figures from Destatis showed Wednesday. The import price index dropped 1.2 percent annually in October, slower than September's 1.6 percent decline. Economist had forecast a 1.5 percent drop for October. Import...

Switzerland's consumption indicator declined in October on deteriorating consumer sentiment and a gloomy assessment in the retail sector, survey results from the UBS bank showed Wednesday. The consumption index fell to 1.29 points in October from a revised score of 1.39 points in September. The...

The average monthly gross wages in Estonia rose in the third quarter from a year ago, figures from Statistics Estonia showed Wednesday. Compared to same quarter of last year, the average monthly gross wages climbed 5 percent in the third quarter. Average hourly gross wages rose by 5.7 percent. The...

Preview-112614.jpg Revised quarterly national accounts from the U.K. is due on Wednesday, headlining a light day for the European economic news.

Singapore industrial production rose less than expected in October, following a decline in the previous month, figures from the Economic Development Board showed Wednesday. Industrial output edged up 0.2 percent year-on-year in October, in contrast to a 1.0 percent drop in September. Economist had...

Confidence among Japanese small and medium sized enterprises improved marginally in November, survey data released by the Shoko Chukin Bank showed Wednesday. The small business confidence index rose to 47.7 in November from 47.4 in the prior month. The score was forecast to climb marginally to 47.5. The...

Bank of Japan Policy Board Member Sayuri Shirai said additional action was required to ensure the path toward the 2 percent price stability and to maintain the credibility of the central bank. At a meeting with business leaders in Hiroshima, Shirai said together with the CPI inflation some indicators...

The value of total construction work done in Australia dropped in the third quarter, preliminary figures from Australian Bureau of Statistics showed Wednesday. Total construction work done dropped a seasonally adjusted 2.2 percent sequentially in the third quarter. Economist had forecast a 1.9 percent...

South Korea's consumer confidence index came in at 103 in November, the Bank of Korea said on Wednesday - down from 105 in October. Consumer sentiment on current living standards was lower by one point than in October at 90, and that for outlook by two points at 97. Consumer sentiment regarding...

Singapore will on Wednesday release October figures for industrial output, highlighting a light day for Asia-Pacific economic activity. Analysts are looking for an increase of 2.7 percent on month and a gain of 0.5 percent on year following the 3.3 percent monthly decline and the 1.2 percent yearly...

ConsumerConfidence-112514.jpg Consumer confidence in the U.S. unexpectedly deteriorated in the month of November, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dropped to 88.7 in November from a downwardly revised 94.1 in October.