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Economy And The Numbers

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A report released by the Federal Reserve on Wednesday showed U.S. consumer credit increased by less than expected in the month of October. The report said consumer credit increased by $16.0 billion in October after climbing by an upwardly revised $21.8 billion in September.

Poland's central bank left its key interest rate unchanged at a record low again on Wednesday, in line with economists' expectations. The Monetary Policy Council decided to keep the key reference rate unchanged at a record low 1.50 percent, the National Bank of Poland said in a statement. Previously,...

ECB-Draghi-120616.jpg European Central Bank President Mario Draghi will likely announce an extension of asset purchases by the central bank beyond March 2017 on Thursday, hoping to spread some Christmas cheer amid the high political uncertainty, especially after the 'no' vote in the Italian referendum last weekend.

UKindmanoutput-120716.jpg British industrial output declined unexpectedly in October as the shutdown for maintenance of oil fields dampened production, the Office for National Statistics reported Wednesday. Industrial production declined 1.3 percent from September, the biggest fall since September 2012. Economists had forecast an increase of 0.2 percent after a 0.4 percent fall in September.

Resrvebank-India-120716.jpg India's central bank unexpectedly kept its key interest rate unchanged on Wednesday as policymakers decided to wait to judge the impact of the drastic demonetization measure on the economy and any policy tightening by the U.S. Federal Reserve next week. The Monetary Policy Committee of the Reserve Bank of India, headed by Urjit Patel, unanimously decided to hold the key repo rate at 6.25 percent.

Croatia's economic growth improved slightly in the three months ended September as initially estimated, latest figures from the Croatian Bureau of Statistics showed Wednesday. Gross domestic product rose an unadjusted 2.9 percent year-over-year in the third quarter, confirming the flash data, following...

Denmark's industrial production declined notably in October after rising in the previous month, figures from Statistics Denmark showed Wednesday. Industrial production excluding pharmaceutical industry, plunged 10.3 percent month-over-month in October, reversing a 7.2 percent climb in September. In...

Czech foreign trade surplus increased slightly in October from a year ago, as imports fell faster than exports, figures from the Czech Statistical Office showed Wednesday. The trade surplus in the national concept rose to CZK 15.5 billion in October from CZK 15.2 billion in the corresponding month...

Taiwan's exports rose for the second straight month in November, and at a faster-than-expected pace, figures from the Ministry of Finance showed Wednesday. Exports grew notably by 12.1 percent year-over-year in November, exceeding economists' expectations for an increase of 9.3 percent. That was also...

British industrial and manufacturing output declined unexpectedly in October, figures from the Office for National Statistics showed Wednesday. Industrial production declined 1.3 percent from September, confounding expectations for an increase of 0.2 percent. Production had decreased 0.4 percent in...

Czech industrial production declined unexpectedly in October, after rising in the previous two months, figures from the Czech Statistical Office showed Wednesday. Industrial production fell 1.7 percent year-over-year in October, reversing a 2.7 percent climb in September. Meanwhile, economists had...

The French current account gap narrowed in October from a month ago, the Bank of France reported Wednesday. The current account deficit fell to EUR 3.5 billion in October from EUR 3.7 billion in September. The goods trade deficit widened to EUR 3.3 billion in October from EUR 2.8 billion in the...

India's central bank kept its key interest rate unchanged on Wednesday, defying expectations for a modest reduction in the aftermath of the currency demonetization shock. The Monetary Policy Committee of Reserve Bank of India headed by Urjit Patel unanimously decided to hold the key repo rate at...

U.K. house prices grew at a slower pace in November from October, data published by the mortgage lender Halifax showed Wednesday. House prices increased 0.2 percent month-on-month in November, in line with expectations, but slower than the 1.5 percent rise seen in October. Nonetheless, prices have...

France's trade deficit widened unexpectedly in October, as exports declined though imports remained firm, data from the French Customs showed Tuesday. The trade deficit rose to EUR 5.20 billion from EUR 4.79 billion in September and EUR 4.48 billion a year ago. Economists had forecast a shortfall...

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