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Economy And The Numbers

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Norway's interest rate increases seem very far with inflation likely to remain below the central bank's target in the medium term and a cooling housing market environment, Jack Allen, an economist at Capital Economics, said. Norges Bank retained its key policy rate at 0.50 percent in a unanimous vote...

Euro-PMI-092217.jpg Eurozone's private sector expanded at the fastest pace in four months in September signaling that the economy ended the third quarter on a strong note. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August, flash data from IHS Markit showed Friday. The expected score was 55.6.

Russia's central bank is likely to cut interest rates in the near future amid lower inflation expectations as the economy is facing the large amount of spare capacity, William Jackson, an economist at Capital Economics, said. The Board of Directors decided to cut the key rate by 50 basis points to...

Brazil's business confidence improved for the third straight month in September, though marginally, preliminary figures from the Getulio Vargas Foundation, or FGV showed Friday. The index measuring confidence in the industrial sector rose to 92.3 in September from 92.2 in August. The current situation...

Brazil's consumer confidence improved in September after weakening in the previous three months, figures from the Getulio Vargas Foundation, or FGV, showed Friday. The consumer confidence index climbed to a 3-month high of 82.3 in September from 80.9 in August. In July, the reading was 82.0. The...

Spain's foreign trade deficit increased notably in July from a year ago, as imports grew much faster than exports, preliminary figures from the Economy Ministry showed Friday. The trade deficit rose to EUR 2.1 billion in July from EUR 0.56 billion in the corresponding month last year. Exports climbed...

Mounting capacity constraints and rapid wage growth in Hungary suggest that the headline inflation will turn out to be much stronger next year than the central bank expects, Liam Carson, an economist at Capital Economics, said following the central bank's interest rate announcement this week. The...

Ireland's factory gate prices declined for the third straight month in August, figures from the Central Statistics Office showed Friday. The manufacturing industries output price index, excluding VAT, fell 2.4 percent year-over-year in August, which was worse than the 1.1 percent decrease in July. The...

UK manufacturers' order books softened in September but both total orders and export orders remained strong, the Confederation of British Industry said Friday. According to the latest monthly Industrial Trends Survey, a net balance of 7 percent of manufacturers said order books were above normal...

Taiwan's unemployment rate dropped unexpectedly in August, though marginally, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Friday. The seasonally adjusted jobless rate dropped to 3.76 percent in August from 3.78 percent in July. Meanwhile, economists had...

Poland's unemployment rate decreased slightly in August, in line with expectations, figures from the Central Statistical Office showed Friday. The registered jobless rate dropped to 7.0 percent in August from 7.1 percent in July. The figure also matched consensus estimate. In the corresponding...

The strengthening of the recovery will continue to reduce the extent of youth unemployment, European Central Bank Mario Draghi, said Friday. In order to address structural causes of youth unemployment, a uniform degree of protection among workers, flexible labor arrangements, vocational training...

The eurozone private sector ended the third quarter on a strong note in September, with growth in activity picking up to its highest since May, flash data from IHS Markit showed Friday. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score...

Taiwan's industrial production expanded for the fourth straight month in August, and at a faster-than-expected pace, preliminary data from the Ministry of Economic Affairs showed Friday. Industrial production climbed 3.25 percent year-over-year in August, faster than the 2.08 percent rise in July....

Germany's private sector grew at the fastest pace in almost six-and-a-half years in September, flash data from IHS Markit showed Friday. The composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. This was the highest reading since April...

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