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Economy And The Numbers

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New home sales in Australia increased notably in March after falling in the previous month, the Housing Industry Association said on Thursday. Total new home sales surged a seasonally adjusted 8.9 percent in March, reversing a 5.3 percent fall in February. The increase in total sales consisted...

Taiwan's consumer price inflation eased at a faster-than-expected pace in April, figures from the Taiwan National Statistics showed Thursday. The consumer price index rose 1.88 percent year-over-year in April, slower than the 2.0 percent increase in March. Economists had expected the inflation to...

Philippine consumer price inflation held steady in April, defying economists' expectations for an increase, figures from the Philippine Statistics Authority showed Thursday. The consumer price index climbed 1.1 percent year-over-year in April, the same rate of rise as in the previous month. Economists...

The manufacturing sector in Singapore turned to contraction in April, the latest survey from Nikkei revealed on Thursday with a Performance of Manufacturing Index score of 49.4. That's down from 52.0 in March, and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction. Among...

The manufacturing sector in Hong Kong continued to contract in April, and at a faster rate, the latest survey from Nikkei showed on Thursday with a Performance of Manufacturing Index score of 45.3. That's down from 45.5 in March, and it moves further beneath the boom-or-bust line of 50 that separates...

trade.jpg Retail sales in Australia advanced a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Thursday. That beat forecasts for an increase of 0.3 percent following the upwardly revised 0.1 percent gain in February (originally flat). There were rises in food...

The services sector in China continued to expand in April, albeit at a slower pace, the latest survey from Caixin revealed on Thursday with a PMI score of 51.8. That's down from 52.2 in March, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Among...

Australia had a merchandise trade deficit of A$2.163 billion in March, the Australian Bureau of Statistics said on Thursday. That beat expectations for a shortfall of A$2.900 billion following the upwardly revised A$3.044 billion deficit in February (originally a deficit of A$3.410 billion). Exports...

Retail sales in Australia were up a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Thursday. That beat forecasts for an increase of 0.3 percent following the upwardly revised 0.1 percent gain in February (originally flat). For the first quarter of...

Australia will on Thursday release March figures for retail sales, trade balance and home sales, highlighting a modest day for Asia-Pacific economic activity. Retail sales are expected to have added 0.3 percent on month following the flat reading in February. For the first quarter, sales are called...

Brazil's private sector activity declined at the fastest pace in the survey history during April, amid steep falls in output in both manufacturing and services that led to a record drop in employment as recession deepens, Markit Economics said Wednesday. The Markit Brazil Composite Output Index fell...

FactoryGoodsOrders-050416.jpg New orders for U.S. manufactured goods increased by much more than expected in the month of March, the Commerce Department revealed in a report on Wednesday. The report said factory orders surged up by 1.1 percent in March after tumbling by 1.9 percent in February.

ISM-Nonmanufacturing-050416.jpg Activity in the U.S. service sector grew at a faster rate in the month of April, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index climbed to 55.7 in April.

Nonfarmproductivity-050416.jpg Productivity in the U.S. declined again in the first three months of 2016, according to fresh government statistics released on Wednesday. This followed a decline during the previous quarter. Meanwhile, output edged only slightly higher despite an advance in the number of hours worked. Also, the costs of production rose at a faster rate.

TradeBalance-050416.jpg Reflecting a steep drop in the value of imports, the Commerce Department released a report on Wednesday showing a notably narrower U.S. trade deficit in the month of March. The report said the trade deficit narrowed to $40.4 billion in March from $47.0 billion in February.

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