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Economy And The Numbers

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USGDP-092916.jpg Primarily reflecting upward revisions to non-residential fixed investment, private inventory investment, and exports, the Commerce Department released a report on Thursday showing that U.S. gross domestic product increased by more than previously estimated in the second quarter. The report said second...

The Czech central bank left its key interest rate on Thursday, and reaffirmed its currency ceiling, in line with economists' expectations. The Czech National Bank Board kept the benchmark two-week repo rate at 0.05 percent. The discount rate was held steady at 0.05 percent and the lombard rate at...

joblessclaims-092916.jpg First-time claims for U.S. unemployment benefits rose by less than expected in the week ended September 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged up to 254,000, an increase of 3,000 from the previous week's revised level of 251,000.

Primarily reflecting upward revisions to non-residential fixed investment, private inventory investment, and exports, the Commerce Department released a report on Thursday showing that U.S. gross domestic product increased by more than previously estimated in the second quarter.

First-time claims for U.S. unemployment benefits rose by less than expected in the week ended September 24th, according to a report released by the Labor Department on Thursday.

euroeconomicconfidence-092916.jpg Eurozone economic sentiment rebounded strongly to an eight-month high in September from a five-month low in the previous month, mainly driven by the improvement in industrial and retailers' confidence, survey data from the European Commission showed Thursday. The economic sentiment index climbed to 104.9 from 103.5 in August. Economists had forecast an unchanged reading.

German consumer prices rose at the fastest pace in 16 months during September, preliminary data from Destatis showed Thursday. The consumer price index climbed 0.7 percent year-on-year following 0.4 percent increase in the each of the previous two months. Economists had forecast 0.6 percent inflation. The...

Portugal's consumer confidence improved for the first time in four months in September, while economic sentiment stabilized, survey figures from Statistics Portugal showed Thursday. The consumer confidence index rose to -11.3 in September from -12.7 in the previous month. In July, the reading was...

The Spanish economic growth this year is set to be better than expected earlier, though the pace of expansion is likely to ease in the next two years, as the impact of supporting factors weaken, the Bank of Spain said Thursday. Gross domestic product is set to grow 3.2 percent this year, which was...

Belgium's consumer price inflation eased for the second straight month in September, figures from Statistics Belgium showed Thursday. The consumer price index rose 1.87 percent year-over-year in September, slower than previous month's 2.16 percent climb. Moreover, inflation came below 2.0 percent...

The German economy is set to grow less than previously estimated this year, leading economic institutes said in a joint report released Thursday. In the Joint Economic Forecast, the agencies said the economy is experiencing a moderate upturn. Gross domestic product is forecast to grow 1.9 percent...

Croatia's industrial production growth accelerated in August, after easing in the previous month, figures from the Croatian Bureau of Statistics showed Thursday. Industrial production climbed 2.5 percent year-over-year in August, faster than July's 1.2 percent gain. Manufacturing production rose...

Iceland's consumer price inflation accelerated in September to the highest level in seven months, figures from Statistics Iceland showed Thursday. The consumer price index climbed 1.8 percent year-over-year in September, faster than the 0.9 percent rise in the previous month. The latest rate...

U.K. mortgage approvals declined in August to the lowest since late 2014, the Bank of England reported Thursday. The number of mortgages approved in August dropped to 60,058 from 60,925 in July. This was the lowest since November 2014, when mortgages totaled 59,392. The level was expected to fall...

South Africa's producer price inflation eased unexpectedly in August, after accelerating in the previous two months, figures from Statistics South Africa showed Thursday. The producer price index climbed 7.2 percent year-over-year in August, slower than July's 7.4 percent hike. Meanwhile, economists...

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