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Economy And The Numbers

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ConsumerConfidence-032817.jpg Consumer confidence in the U.S. unexpectedly improved in the month of March, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index jumped to 125.6 in March from a revised 116.1 in February. The increase surprised economists, who...

Hungary's central bank held its key interest rate unchanged at a record low for a tenth month running on Tuesday. The Monetary Council of the Magyar Nemzeti Bank kept the base rate steady at 0.90 percent, in line with economists' expectations. The bank had cut the key rate by 15 basis points in...

Iceland's consumer price inflation eased in March to the lowest level in seven months, figures from Statistics Iceland showed Tuesday. The consumer price index climbed 1.6 percent year-over-year in March, slower than the 1.9 percent stable rate of rise in February. Moreover, this was the weakest...

Spain's economic growth could exceed 2.5 percent for the next two to four years amid faster job creation, Economy Minister Luis de Guindos said Tuesday. The country's unemployment rate would be below 17 percent this year versus 17.6 percent forecast earlier, as more than 500,000 jobs would be created,...

Ireland's retail sales decreased in February after rebounding in the previous month, figures from the Central Statistics Office showed Tuesday. The volume of retail sales dropped 0.5 percent month-over-month in February, reversing 0.9 percent rise in January. Excluding motor trade, retail sales...

Sweden's producer price inflation slowed in February, data from Statistics Sweden showed Tuesday. Producer prices increased at a slower pace of 7.5 percent year-on-year in February, slower than the 8.2 percent rise in January. Prices on the export market and the import market increased 8.5 percent...

Lithuania's retail sales eased in February after accelerating in the previous month, figures from the Department of Statistics showed Tuesday. Retail sales, excluding VAT, climbed a working-day-adjusted 7.6 percent year-over-year in February, slower than January's 8.8 percent surge. On an unadjusted...

Sweden's foreign trade balanced in February from a year ago, as exports and imports grew at a same pace, figures from Statistics Sweden showed Tuesday. The trade balance came in at SEK 0.0 billion in February versus a deficit of SEK 0.2 billion in the corresponding month last year. Meanwhile, economists...

Sweden's retail sales growth eased notably in February, data from Statistics Sweden showed Tuesday. Retail sales grew by seasonally adjusted 0.2 percent month-on-month, following January's revised 1.7 percent increase. The growth was also weaker than the expected 0.3 percent. On a yearly basis,...

Slovakia's producer prices rose for the second straight month in February, figures from the Statistical Office of the Slovak Republic showed Tuesday. Industrial producer prices climbed at a faster rate of 3.2 percent year-over-year in February, following a 1.0 percent rise in January. Domestic market...

Romania's unemployment rate decreased in the three months ended December, figures from the National Institute of Statistics showed Tuesday. The jobless rate dropped to 5.5 percent in the fourth quarter from 5.7 percent in the previous quarter. There were 485,000 unemployed people in the country during...

Germany's public debt declined in the fourth quarter, data from Destatis showed Tuesday. The debt owed by the overall public budget to the non-public sector totaled EUR 2,006.5 billion at the end of the fourth quarter. Based on provisional results, debt declined by 0.8 percent, or EUR 16.1 billion...

Nepal's economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, the executive directors of the International Monetary Fund said, concluding the 2017 Article IV consultation. However, the agency said the medium-term outlook critically depends on efforts to...

Australia's consumer confidence improved during the week ended March 26, after declining in the previous three weeks, a weekly survey compiled by the ANZ bank and Roy Morgan Research showed Tuesday. The consumer confidence index climbed by 1.6 percent to 113.8 from 112.0 in the preceding week. Households'...

Bank-of-Korea-040915.jpg South Korea's gross domestic product expanded a seasonally adjusted annualized 0.5 percent on quarter in the fourth quarter of 2016, the Bank of Korea said in Tuesday's revised reading. That was moved up from 0.4 percent in January's preliminary reading and was unchanged from the three months prior. On...

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