Economy And The Numbers

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EEP-042414.jpg Ifo business confidence from Germany is due on Thursday, headlining a light day for the European economic news.

British car production posted a double-digit growth in March, underpinned by robust demand from Europe, the Society of Motor Manufacturers and Traders said Thursday. Car manufacturing advanced 12 percent in March from last year to more than 142,000 units. Production for exports climbed by around 10...

China's leading economic index was up 1.2 percent on month in March, the Conference Board said on Thursday. That's up from the 0.9 percent increase in February and the 0.3 percent gain in January. The coincident index added 1.1 percent in March - up from the flat reading in February and the 1.3...

An index measuring corporate service prices in Japan was up 0.7 percent on year in March, the Bank of Japan said on Thursday, standing at 97.1. The headline figure was in line with expectations and unchanged from the previous month. On a monthly basis, prices were up 0.6 percent - accelerating...

skgdp-042610.jpg South Korea's gross domestic product expanded 0.9 percent on quarter in the first quarter of 2014, the Bank of Korea said in Thursday's advance estimate. That beat forecasts for an increase of 0.8 percent, and it was unchanged from the previous quarter. Real gross domestic income increased by 0.7...

South Korea's gross domestic product was up 0.9 percent on quarter in the first quarter of 2014, the Bank of Korea said in Thursday's advance estimate. That beat forecasts for an increase of 0.8 percent, and it was unchanged from the previous quarter. Real gross domestic income increased by 0.7...

South Korea will on Thursday release preliminary numbers for Q1 gross domestic product, highlighting a modest day in Asia-Pacific economic activity. GDP is expected to rise 0.8 percent on quarter and 3.9 percent on year - accelerating from 0.9 percent on quarter and 3.7 percent on year in the fourth...

newhomesales-042314.jpg New home sales in the U.S. unexpectedly showed a substantial decrease in the month of March, according to a report released by the Commerce Department on Wednesday, with sales falling to their lowest level in eight months. The report said new home sales plunged 14.5 percent to an annual rate of 384,000 in March from the revised February rate of 449,000.

Euro area's government deficit shrunk last year to match the EU target, while public debt rose and remained above the official ceiling, figures from the Eurostat showed Wednesday. The shrunken government deficits suggest that euro area might be leaving behind the worst troubles of the financial crisis,...

New home sales in the U.S. unexpectedly showed a substantial decrease in the month of March, according to a report released by the Commerce Department on Wednesday, with sales falling to their lowest level in eight months.

EurozonePMI-042314.jpg Eurozone private sector started the second quarter on a solid footing with activity growth the fastest in nearly three years in April, but firms continued to slash prices, fueling fears that deflationary pressures are intensifying. The purchasing managers survey's composite output index rose to 54.0 in April from 53.1 in March, data from Markit Economics showed Wednesday.

bankofengland-042314.jpg Policymakers of the Bank of England unanimously decided to maintain the key bank rate at a historic low of 0.50 percent and monetary stimulus at GBP 375 billion, the minutes showed Wednesday. Members said economic recovery is building momentum, but they had a range of opinions about the amount of slack remaining within the economy and medium-term inflation outlook.

British manufacturers are upbeat about the next quarter, with growth expectations for domestic orders and output hitting the highest since the 1970s, a survey from the Confederation of British Industry showed Wednesday. The quarterly Industrial Trends Survey also revealed that business optimism among...

Taiwan's commercial sales growth slowed for a third consecutive month in March, figures from the Ministry of Economic Affairs showed Wednesday. Sales in trade and food services grew 1.49 percent year-on-year, after a 2.02 percent rise in February, revised from 2.06 percent. Economists had forecast...

UKbudget-deficit-042314.jpg U.K. Chancellor George Osborne achieved his budget deficit target for 2013/14 as buoyant economic growth boosted tax receipts. Data from the Office for National Statistics on Wednesday showed that net borrowing totaled GBP 107.7 billion in the fiscal year ended March 2014, the lowest since the 2008/2009 financial crisis.