Economy And The Numbers

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House prices decreased in majority of Chinese cities in November, data compiled by the National Bureau of Statistics revealed Thursday. Prices decreased month-over-month in 67 of the 70 cities surveyed by the statistical office in November. Prices remained flat in 3 cities. The biggest decline...

NewZealandcpi-071510.jpg New Zealand's gross domestic product jumped 1.0 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday. That topped forecasts for an increase of 0.7 percent, which would have been unchanged from the previous three months. The growth was driven by primary industries,...

New Zealand's gross domestic product expanded 1.0 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday. That topped forecasts for an increase of 0.7 percent, which would have been unchanged from the previous three months. On a yearly basis, GDP added 2.9 percent...

New Zealand will on Thursday provide Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to add 0.7 percent on quarter and 3.3 percent on year following the 0.7 percent quarterly growth and the 3.9 percent yearly gain in the second quarter. Hong...

FederalReserve-121814.jpg The Federal Reserve said Wednesday it will be "patient" in determining when to raise interest rates, a subtle change in language from its previous vow to keep rates near zero for a "considerable time." "Based on its current assessment, the (Federal Open Market) Committee judges that it can be patient...

The Federal Reserve said Wednesday it will "be patient" in determining when to raise interest rates, a subtle change in language from its previous vow to keep rates near zero for a "considerable time." Nearly all Fed officials see a rate hike in 2015, but policy makers think increases will be even...

The Czech central bank left its key interest rate and currency ceiling unchanged for the seventeenth rate-setting session in a row, on Wednesday. The CNB Bank Board decided to keep the main two-week repo rate unchanged at 0.05 percent, the Czech National Bank said in a statement. The discount rate...

CPIChart-121714.jpg Consumer prices in the U.S. fell by more than anticipated in the month of November, according to a report released by the Labor Department on Wednesday, with the decrease reflecting another sharp drop in energy prices.

Spain's foreign trade deficit widened in October from a year ago, as growth in imports outpaced exports, figures from the Economy Ministry showed Wednesday. The trade deficit grew to EUR 2.24 billion from EUR 1.36 billion shortfall in the same month last year. Excluding energy trade, the trade balance...

Switzerland's economic expectations improved further in December, suggesting that financial analysts were expecting only a slight slowdown of the economy in the first six months of next year, results of a survey by the Mannheim-based Centre for European Economic Research (ZEW) and Credit Suisse showed...

Consumer prices in the U.S. fell by more than anticipated in the month of November, according to a report released by the Labor Department on Wednesday, with the decrease reflecting another sharp drop in energy prices.

A measure signalling turning points in Brazil's economic cycles declined in November after rising in the previous month, survey results from the Conference Board showed Wednesday. The Conference Board/Fundacao Getulio Vargas Leading Economic Index for Brazil dropped 1.2 percent monthly to 119.1 after...

Poland's industrial production in November grew less-than-expected from a year ago, figures from the Central Statistical Office showed Wednesday. Industrial production grew 0.3 percent annually, which was much less than the 1.1 percent gain expected by economists'. On a monthly basis, production...

Poland's producer prices declined at a faster-than-expected pace in November, figures from the Central Statistical Office showed Wednesday. The producer price index for industry dropped 1.6 percent annually following a revised 1.3 percent drop in the previous month. Economists had expected the rate...

Fitch Ratings on Wednesday said the overall rating outlook for banks in central and eastern Europe (CEE) is stable for 2015. However, the proportion of Negative Outlooks for banks increased in 2014 due to expected downward revisions of Support Rating Floors in the EU. This affected CEE banks either...