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Economy And The Numbers

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Japan will on Thursday release preliminary June numbers for industrial production, highlighting a modest day for Asia-Pacific economic activity. Output is expected to add 0.3 percent on month and 1.3 percent on year after falling 2.1 percent on month and 3.9 percent on year in May. Japan also will...

federalreserve-072915.jpg The Federal Reserve on Wednesday decided against raising interest rates, waiting for a bit more confirmation that the economy is on solid ground. Because there was no post-decision press conference scheduled this month, the Fed's decision to stand pat was in line with market expectations. A move...

PendingHomeSales-072915.jpg Pending home sales in the U.S. unexpectedly decreased in the month of June, according to a report released by the National Association of Realtors on Wednesday, with pending sales pulling back off a nine-year high.

South Africa's unemployment rate decreased unexpectedly in the three months ended June, figures from Statistics South Africa showed Wednesday. The unemployment rate fell to 25.0 percent in the second quarter from 26.4 percent in the preceding quarter. Economists had expected the jobless rate to increase...

Macedonia's industrial production increased markedly in June, figures from the State Statistical Office showed Wednesday. Industrial production surged 6.4 percent year-over-year in June. Manufacturing production grew 4.3 percent and production in the utility sector jumped by 13.8 percent. Mining and...

U.K. retail sales growth is expected to slow next month after demand for clothing pushed up sales in July, the Distributive Trades Survey from the Confederation of British Industry showed Wednesday. The retail sales balance came in at +21 percent in July, which was below the expected score of +29...

Croatia's industrial production rose for the fifth straight month in June although at a slower pace from the previous month, figures from the Croatian Bureau of Statistics showed Wednesday. Industrial production increased a working-day-adjusted 1.6 percent year-over-year in June, much slower than...

GFK-072915.jpg German consumer morale is set to stabilize in August as income expectations improved further from record level on strong domestic fundamentals, survey data from market research group GfK revealed Wednesday. Nonetheless, consumers assumed that the solution reached in the Greece debt dispute will have negative consequences on the economy.

U.K. mortgage approvals increased more than expected in June and secured lending climbed most since 2008, data from the Bank of England showed Wednesday. The number of loan approvals for house purchase totaled 66,582 in June, up from 64,826 in May. It was forecast to increase marginally to 66,000....

Slovakia's consumer confidence worsened in July after improving in the previous month, survey data from the Statistical Office of the Slovak Republic showed Wednesday. The seasonally adjusted consumer confidence index fell to -14.7 in July from -13.5 in the preceding month. In May, the reading was...

Norway's jobless rate increased as expected in May, after remaining stable in the previous month, figures from Statistics Norway showed Wednesday. The seasonally adjusted unemployment rate rose marginally to to 4.3 percent in May from 4.2 percent in April, the same rate as in the prior month. The...

Sweden's economic sentiment improved in July, signaling stronger than normal economic growth, survey data from the National Institute of Economic Research showed Wednesday. The economic tendency indicator, which reflects how firms and consumers view the economy, rose more-than-expected to 102.7 in...

Denmark retail sales increased for the first time in three months in June largely due to a rise in clothing sales, Statistics Denmark said Wednesday. Retail sales rose 0.6 percent month-on-month in June, partially offsetting a revised 1.3 percent decline in May. In April, sales had fallen 0.5 percent. Clothing...

Hungary's unemployment rate decreased more-than-expected in the three months ended June, figures from the Hungarian Central Statistical Office showed Wednesday. The unemployment rate fell to 6.9 percent in the April to June period from 7.1 percent in the March to May period. Economists had expected...

Spain's retail sales growth slowed unexpectedly in June, data from the statistical office INE revealed Wednesday. Retail sales grew by seasonally adjusted 2.3 percent from last year, slower than the revised 3.1 percent increase seen a month ago. It was forecast to rise to 3.6 percent from May's...

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