Economy And The Numbers

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South Korea's consumer prices increased at a slower than expected rate in August, figures from Statistics Korea showed Tuesday. Consumer prices rose 1.4 percent year-over-year in August following the 1.6 percent rise in July. Economists had expected consumer prices to grow at the stable rate of 1.6...

New Zealand's commodity prices declined at a faster rate in August, results of a survey by ANZ showed Tuesday. The ANZ commodity price index fell 3.3 percent month-over-month in August following the 2.4 percent drop in July. This marked the second largest decrease in prices in six month and a 17-month...

The monetary base in Japan increased at a slower rate in August, data from the Bank of Japan showed Tuesday. The monetary base grew 40.5 percent year-over-year in August following the 42.7 percent rise in July. Bank notes in circulation rose 3.5 percent, which is faster than the 3.4 percent increase...

The number of building approvals in Australia increased at a faster-than-expected rate in July, data from the Australian Bureau of Statistics showed Tuesday. Total building approvals rose 9.4 percent year-over-year in July, more than the 7.8 percent growth expected by economics. Private sector...

The current account deficit in Australia widened less than expected in the second quarter, figures from the Australian Bureau of Statistics showed Tuesday. The current account deficit came in at A$ 13.74 billion in the second quarter. This was more than the A$ 7.8 billion deficit in the first quarter...

Total labor cash earnings in Japan grew at a faster rate in July, defying expectations of a slow down, a report from the Ministry of Health, Labor and Welfare showed Tuesday. Total earnings increased 2.6 percent year-over-year in July following the revised 1 percent rise in June. Economists had expected...

Brazil's factory activity increased for the first time in five months in August, and after the conclusion of the soccer World Cup, led by increases in output and purchasing activity, survey results from Markit Economics showed Monday. The HSBC Brazil Purchasing Managers' Index rose to 50.2 from 49.1...

Norway's factory sector grew for second month in a row and at a faster pace in August, survey data from the Norwegian Association of Purchasing and Logistics showed Monday. The seasonally adjusted Purchasing Managers' Index climbed to 51.8 from 50.8 in July, revised from 50.6. A score above 50 indicates...

China eased rules governing bond issuance by local governments so as to make public project financing easier. Top lawmakers amended the budget law, allowing local governments to raise funds directly through bond issue to finance public projects. However, local government is not allowed to sell bonds...

Poland's manufacturing sector contracted for the second consecutive month in August as output dropped and new orders continued to fall, survey data from Markit Economics revealed Monday. The HSBC Manufacturing Purchasing Managers' Index dropped to 49 from July's 49.4. The reading came in above economists'...

The Greek economy contracted slightly more than estimated in the second quarter, revised data from the Hellenic Statistical Authority showed Monday. Gross domestic product, or GDP, declined 0.3 percent year-on-year in the second quarter of 2014, revised from the 0.2 percent decrease estimated on August...

Greece's manufacturing activity expanded in August, after declining in the previous month, survey figures from Markit Economics showed Monday. Seasonally adjusted Markit manufacturing purchasing managers' index, or PMI, rose to 50.1 in August from 48.7 in July. This marked the highest reading in three...

Italy's manufacturing sector activity declined in August, after expanding in July, figures from Markit Economics showed Monday. The Markit/ADACI manufacturing purchasing managers' index, or PMI, dropped to 49.8 in August from 51.9 in July, which is the lowest score in fourteen months. This marked...

UK-Manufacturing-090114.jpg British manufacturing growth eased further in August to its lowest level in 14 months as output and demand increased at slower rates, survey results from Markit Economics showed Monday. The Markit/CIPS Purchasing Managers' Index dropped to 52.5 from a revised 54.8 in July. Economists had expected the score to fall to 55.1 from July's original figure of 55.4.

Turkey's manufacturing activity recovered in August as production rose for the first time in three months, results of a survey by Markit Economics and HSBC Bank showed Monday. The HSBC manufacturing purchasing managers' index, or PMI, rose to 50.3 in August from 48.5 in July. This marked an expansion...