Economy And The Numbers

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Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...

Italy's inflation remained negative for the second straight month in September, provisional estimates from the statistical office Istat showed Tuesday. At the same time, the producer price index showed negative change over the last 18 consecutive months. Consumer prices dropped 0.1 percent year-on-year...

Norway's retail sales rose at a slower than expected rate in August, figures from Statistics Norway showed Tuesday. Retail sales increased 0.6 percent month-over-month in August. This was less than the 0.8 percent growth expected by economists. In July, retail sales had declined 1.5 percent. On...

The unemployment rate in the eurozone remained stable as expected in August, a report from Eurostat showed Tuesday. The jobless rate came in at 11.5 percent in August, the same rate as in July. This matched economists' expectations. In the corresponding month of the previous year, the unemployment...

Eurozone inflation slowed marginally in September as expected, flash data from Eurostat showed Tuesday. Inflation came in at 0.3 percent, down from 0.4 percent in August. It continues to stay below the European Central Bank's target of 'below but close to 2 percent'. Core inflation that excludes...

The unemployment rate in Italy decreased unexpectedly in August but jobless rate among youth was at a record-high, a report from the statistical office Istat showed Tuesday. The jobless rate fell to 12.3 percent in August from 12.6 percent in July. Economists had expected the jobless rate to remain...

The U.K. economy grew more than estimated in the second quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. The peak to trough fall of the economic...

Turkey's trade deficit widened unexpectedly in August, preliminary figures from the Turkish Statistical Institute showed Tuesday. The foreign trade deficit increased to $ 8.36 billion in August from $ 7.08 billion in the same month of the previous year. Economists had expected the deficit to decrease...

German unemployment increased unexpectedly in September, official data showed Tuesday. The number of unemployed increased by 12,000 in September from last month, the Federal Labor Agency said. Economists had forecast a decline of 2,000. The jobless rate came in at seasonally adjusted 6.7 percent,...

Hungary's producer prices declined at a faster pace in August, figures from the Hungarian Central Statistical Office showed Tuesday. The producer price index dropped 0.4 percent annually, following 0.3 percent fall in July. Prices fell for the sixth month in a row. Producer prices rose for a third...

RBI-Raghuram-Rajan-093014.jpg The Reserve Bank of India kept its key rates unchanged once again as expected, citing upside risks to medium-term inflation target. The decision announced Tuesday meant that the repo rate was left unchanged at 8.00 percent for the fourth straight policy meeting. The repo rate is the rate at which the central bank lends to commercial banks.

France's producer prices declined more-than-expected in August, figures from the statistical office INSEE revealed Tuesday. Producer prices in the French market dropped 1.4 percent annually, which worse than the 0.5 percent decline forecast by economists. In July, producer prices decreased 0.6 percent....

France's household spending increased in August reversing a decline in the previous month, data from the statistical office INSEE showed Tuesday. Household consumption grew 0.7 percent from July, when it decreased 0.7 percent. In June, spending rose 0.8 percent, revised from 0.9 percent. The...

A leading indicator for Switzerland decreased less than expected in August, a report from economic institute KOF showed Tuesday. The KOF leading indicator slid to 99.1 on August from the revised 99.6 in July. Economists had expected the index to come in at 99. The indicators for the international...

UKHousePrice-093014.jpg U.K. house prices unexpectedly declined in September after rising for sixteen straight months amid signs that demand may be starting to ease, the results of a survey by the Nationwide Building Society showed Tuesday. The house price index dropped 0.2 percent from August, when it climbed 0.8 percent....