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Economy And The Numbers

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Japan will on Monday release preliminary February figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Industrial production is expected dip 1.5 percent on month and 0.3 percent on year after rising 3.7 percent on month but falling 2.8 percent on year in January.

An interest rate hike "may be warranted" this year, as long as the U.S. economic recovery is sustained, Federal Reserve Chairman Janet Yellen said Friday afternoon. "With continued improvement in economic conditions, an increase in the target range for that rate may well be warranted later this year,"...

CONSUMER-RETAIL_27Mar15.jpg Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of March, according to a report released by the University of Michigan on Friday. The report showed that the final reading on the consumer sentiment index for March came in at 93.0.

Bundesbank President Jens Weidmann said on Friday that a European solution may be required for the regulatory treatment of sovereign debt, if the ongoing discussions by the Basel Committee fail to produce an agreement. "In contrast to other jurisdictions, the Eurosystem is for good reasons forbidden...

GDP-032715.jpg Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday. The report said gross domestic product increased by 2.2 percent in the fourth quarter.

Brazil's economy expanded for a second successive quarter during the three months to December, defying expectations for a contraction, preliminary figures from the statistical office IBGE revealed Friday. Gross domestic product grew 0.3 percent from the previous three months, when they rose 0.2 percent....

Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday.

The likelihood of a broad and protracted deflation, afflicting wages and prices, is pretty low, Bank of England Deputy Governor Ben Broadbent said Friday. At a Bundesbank conference, BoE Governor Mark Carney said the next move of the central bank will most likely be a hike in interest rate. Policymaker...

Lithuania's retail sales growth accelerated in February, after easing sharply in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, rose 4.3 percent year-over-year in February, much slower than January's 1.0 percent growth. In December, sales...

Iceland's consumer price inflation accelerated in March, while producer prices increased at a slower pace in February, figures from Statistics Iceland showed Friday. The consumer price index climbed 1.6 percent year-over-year in March, after rising 0.8 percent in the previous month, the same rate...

Ireland retail sales volume grew at the fastest annual pace in seven months in February, data from the Central Statistics Office showed Friday. The retail sales volume rose a seasonally adjusted 8.2 percent annually following an 8 percent gain in the previous month. The latest pace of growth was the...

Norway's retail sales increased at a faster-than-expected pace in February, after falling in the previous month, figures from Statistics Norway showed Friday. Retail sales volume, excluding motor vehicle sales, rose a seasonally adjusted 0.9 percent month-over-month in February, in contrast to a 0.7...

Italy's retail sales grew unexpectedly in January from last year, the statistical office Istat reported Friday. Retail sales grew 1.7 percent year-on-year in January, confounding expectations of 0.3 percent fall. In December, sales gained 0.1 percent, which was the first increase in eight months....

Italy's industrial orders declined in January after recovering in December, the statistical office Istat showed Friday. Industrial orders fell 3.6 percent in January from last month, when it rose 4.5 percent. The decline was driven by a 9 percent fall in non-domestic market. At the same time, domestic...

The eurocoin indicator, which measures the current economic situation in the euro area, rose for the fourth consecutive month in March, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The eurocoin indicator increased slightly to 0.26 in March from 0.23 in February....

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