logo

Economy And The Numbers

Share SHARE

S0-Dec-120816.jpg The D-day is upon us, as the markets wait with bated breath whether the Fed will be moved into action by recent economic data, which vouch for a strong momentum. Fed speeches have left open the possibility of another 25 basis point-increase before the year end.

Chile's economy is set to expand moderately next year, the International Monetary Fund said Friday. The Executive Board of the IMF said gross domestic product is forecast to grow 2 percent next year after expanding 1.7 percent this year. Faster growth in main regional partners and more stable...

Fitch Ratings downgraded Mexico's rating outlook to 'negative' from 'stable', while the rating was affirmed at 'BBB+'. The revision in outlook reflected increased downside risks to the country's growth outlook and the challenges this could pose for stabilization of the public debt burden. The victory...

Fitch Ratings maintained the sovereign ratings of the U.K. with a 'negative' outlook, while France's rating was affirmed with 'stable' outlook. The agency kept the U.K.'s credit rating at 'AA' on Friday. The ratings balance a high-income, diversified and advanced economy against comparatively high...

Spain's leading index that signals future course of economic activity strengthened in October, the Conference Board reported late Friday. The leading economic index rose 0.4 percent in October from September, when it grew only by 0.2 percent. This was the fourth consecutive increase in the score....

Slideshow-Yelen-Trump-121016.jpg Everyone knows that the Federal Reserve will raise interest rates next Wednesday at the conclusion of its two-day policy meeting. After all, Fed speakers have been jawboning a rate hike over the past few weeks. With the markets reacting with eerie calm to Donald Trump's win, policy makers have no...

WholesaleInvetories-120916.jpg While the Commerce Department released a report on Friday showing a drop in U.S. wholesale inventories in the month of October, the report also showed a sharp increase in wholesale sales during the month. The Commerce Department said wholesale inventories fell by 0.4 percent in October after inching up by 0.1 percent in September.

CONSUMER-RETAIL_09Dec16.jpg Consumer sentiment in the U.S. has improved by much more than anticipated in the month of December, according to a report released by the University of Michigan on Friday. The University of Michigan said the preliminary reading on its consumer sentiment index for December came in at 98.0 compared to the final November reading of 93.8.

Brazil's annual inflation slowed more-than-expected in November, data from the statistical office IBGE showed Friday. The consumer price index climbed 6.99 percent year-on-year following 7.87 percent in October. Economists had forecast a figure of 7.10 percent. Compared to the previous month,...

germanexports-120916.jpg German exports recovered in October but the pace of growth was weaker-than-expected, resulting in a fall in trade surplus. Exports grew 0.5 percent in October from September, when shipments slid 1 percent, figures from Destatis revealed Friday. Nonetheless, the pace of growth was weaker than the expected 0.9 percent. Likewise, imports advanced 1.3 percent.

Greece's industrial production increased at the fastest pace in four months in October, figures from the Hellenic Statistical Office showed Friday. Industrial production advanced a working-day-adjusted 6.8 percent year-over-year in October, much faster than the 0.1 percent slight rise in September. The...

Ireland's economy expanded for the second straight quarter in the three months ended September, and at an accelerated pace, preliminary figures from the Central Statistics Office showed Friday. Gross domestic product grew a seasonally adjusted 4.0 percent sequentially in the third quarter, much faster...

Greece's EU measure of inflation decreased in November after rising in the previous month, figures from the Hellenic Statistical Authority showed Friday. The harmonized index of consumer prices, or HICP, edged down 0.2 percent year-over-year in November, reversing a 0.6 percent rise in October. Prices...

Germany's economy is continuing its solid upturn, underpinned by buoyant domestic demand that is boosted by a strong labor market situation and rising household incomes, the Bundesbank said, raising the growth forecasts for this year and next. Gross domestic product is set to grow 1.8 percent this...

Britons' inflation expectations increased in November and more expect interest rate to rise over the year head, Bank of England/TNS Inflation Attitudes Survey showed Friday. Inflation over the coming year is expected to be 2.8 percent instead of 2.2 percent estimated in August. Respondents said the...

Follow RTT