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Economy And The Numbers

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Latvia's current account balance turned to a surplus in December from a deficit in the previous year, figures from the Latvian Central Bank showed Friday. The current account balance showed a surplus of EUR 27.08 million in December against a deficit of EUR 88.37 million a year earlier. The goods...

Greece economy entered in to recession in the three months ended December, preliminary figures from the Hellenic Statistical Authority showed Friday. Gross domestic product contracted a seasonally and calendar-adjusted 0.6 percent from the previous quarter, when it fell 1.4 percent. In the second...

Portuguese economy expanded at a slower-than-expected pace in the three months ended December, after showing no variations in the previous quarter, preliminary figures from Statistics Portugal showed Friday. Gross domestic product rose 0.2 percent quarter-over-quarter in the fourth quarter, after...

Eurozone industrial production dropped unexpectedly in December, data published by Eurostat showed Friday. Industrial output fell 1 percent on a monthly basis in December, faster than the revised 0.5 percent drop seen in November. Economists had forecast a 0.3 percent rise after falling by initially...

Poland's economic growth improved at a faster-than-expected pace in the three months ended December, flash data from the Central Statistical Office of Poland showed Friday. Gross domestic product advanced an unadjusted 3.9 percent year-over-year in the fourth quarter, faster than the 3.5 percent spike...

Bulgaria's economic growth accelerated for the second consecutive quarter in the three months ended December, preliminary figures from the National Statistical Institute showed Friday. Gross domestic product advanced a seasonally adjusted 3.1 percent year-over-year in the fourth quarter, faster than...

The euro area economic growth rate remained stable in the fourth quarter, flash estimate from Eurostat showed Friday. Gross domestic product climbed 0.3 percent sequentially, the same rate of growth as seen in the previous quarter. On a yearly basis, economic growth slowed marginally to 1.5 percent...

British construction output grew at a slower-than-expected pace in December, after falling in the previous month, figures from the Office for National Statistics revealed Friday. Construction output rose 1.5 percent month-over-month in December, reversing a 1.1 percent drop in November. The expected...

Italy's economic growth slowed for the third straight time in the fourth quarter, preliminary estimate from the statistical office Istat showed Friday. Gross domestic product climbed 0.1 percent sequentially, slower than the 0.2 percent expansion seen in the third quarter and 0.3 percent in the second...

Spain's inflation turned negative as estimated in January, final data from the statistical office INE showed Friday. Consumer prices dropped 0.3 percent year-on-year in January, after staying flat in December. Prices had increased only in two months in 2015. Likewise, harmonized consumer prices...

Romania's industrial production increased in December from a year ago, figures from the National Institute of Statistics showed Friday. Industrial production grew a seasonally and working-day-adjusted 2.2 percent year-over-year in December. On an unadjusted basis, production advanced by 4.0 percent. Production...

Czech consumer price inflation accelerated at a faster-than-expected pace in January, figures from the Czech Statistical Office showed Friday. The consumer price index climbed 0.6 percent year-over-year in January, exceeding economists' expectations for a 0.5 percent increase. In December, prices...

Romania's economic growth improved at a slower-than-expected pace in the three months ended December, preliminary figures from the National Institute of Statistics showed Friday. Gross domestic product advanced an unadjusted 3.7 percent year-over-year in the fourth quarter, slightly faster than the...

Germany's consumer price inflation accelerated to an eight-month high in January as initially estimated, latest data from Destatis showed Friday. The consumer price index rose 0.5 percent year-over-year in January, in line with flash data, faster than the 0.3 percent increase in December. The latest...

Germany's economy maintained growth momentum in the final three months of 2015, led by domestic demand, preliminary figures from Destatis showed Friday. Gross domestic product grew a seasonally and calendar-adjusted 0.3 percent from the third quarter, when it rose at the same pace. Growth was in...

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