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Economy And The Numbers

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German-IFO-032717.jpg German business sentiment strengthened to a 68-month high in March as economic impetus pushed up companies' assessment of the current assessment and outlook. The business confidence index rose to 112.3 in March from a revised 111.1 in February, survey data from the Munich-based Ifo institute revealed Monday.

Malta's producer prices decreased for the fifth straight month in February, figures from the National Statistical Office showed Monday. The producer price index fell 0.38 percent year-over-year in February, slower than the 1.04 percent decline in January. Producer prices in the foreign market dropped...

Hong Kong's foreign trade deficit increased notably in February from a year ago, as imports grew faster than exports, figures from the Census and Statistics Department showed Monday. The trade deficit widened to HK$56.3 billion in February from HK$33.1 billion in the corresponding month last year....

Eurozone money supply growth eased for the second straight month in February, though marginally, figures from the European Central Bank showed Monday. The broad money measure, M3, rose 4.7 percent year-over-year in February, slower than the 4.8 percent climb in January, which was revised down from...

German business sentiment improved in March, reports said citing survey data from Ifo institute on Monday. The business confidence index rose to 112.3 in March from 111.1 in February. Economists had forecast the indicator to fall to 110.8. The current conditions index came in at 119.3, well above...

China will welcome foreign investment in more sectors going forward and would expect fair treatment overseas, the People's Bank of China Governor Zhou Xiochuan said Sunday. Sectors such as banking, insurance, investment banking, securities firms, and payment systems could be opened up for foreign...

Finland's manufacturing confidence improved in March, after remaining stable in the previous month, survey data from the Confederation of Finnish Industries (EK) showed Monday. The manufacturing sentiment climbed to 4.0 in March from 2.0 in February, which was revised up from 1.0. Moreover, the indicator...

Finland's consumer confidence strengthened in March to the strongest level in six-and-a-half years, survey data from Statistics Finland showed Monday. The consumer sentiment index climbed to 22.9 in March from 20.8 in the previous month. Moreover, this was the highest score since September, when...

EEP1-091614_27Mar17.jpg Business confidence data from Germany is due on Monday, headlining a light day for the European economic news.

Bank of Japan board members viewed that the bank should not rush to action and it should pursue monetary easing under the current framework with patience, the summary of opinions from the monetary policy meeting showed Monday. To achieve the price stability target, it is important to bring the economy...

Sentiment in the British financial services sector stabilized in the three months to March, having deteriorated throughout 2016, the Financial Services Survey from the Confederation of British Industry and PricewaterhouseCoopers showed Monday. About 33 percent of firms said they were more optimistic...

China's industrial profits grew sharply in the first two months of the year, driven by faster rise in prices of coal, steel and crude oil, data from the National Bureau of Statistics showed Monday. Industrial profits surged 31.5 percent year-over-year in the January to February period. The pace of...

Corporate service prices in Japan were up 0.8 percent on year in February, the Bank of Japan said on Monday. That exceeded forecasts for 0.5 percent, which would have been unchanged from the January reading. On a monthly basis, prices added 0.3 percent after sliding 0.5 percent in the previous...

Japan will on Monday release February figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices were up 0.5 percent on year in January. China will see February numbers for industrial profits; in January, profits advanced 2.3 percent on year. Hong...

PeterPraet-ECB-032417.jpg Populist narrative that things were better before the euro is a deception and the single currency and EU are made scapegoats, European Central Bank Executive Board member Peter Praet said.

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