Economy And The Numbers

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The U.K. economy expanded as expected in the second quarter underpinned by services and manufacturing, data showed Friday. Gross domestic product grew 0.8 percent sequentially in the second quarter, the same rate as seen in the first three months of the year, preliminary data from the Office for...

Sweden's retail sales rose more-than-expected in June, after declining in the previous month, figures from Statistics Sweden showed Friday. Retail sales grew a seasonally adjusted 0.5 percent monthly in June, in contrast to a 0.7 percent fall seen in the previous month. Economists had forecast a 0.4...

Austria's production index that combines industry and construction output dropped in May, figures from Statistics Austria showed Friday. The production index declined a working-day adjusted 2.1 percent year-on-year in May. Industrial production fell by 1.7 percent and construction output declined...

Germany's business confidence declined for a third successive month in July and at a faster-than-expected pace, reports said Friday, citing the survey results from the Ifo Institute. The Ifo Business Climate Index fell to 108, which was worse than the 109.4 score forecast by economists. In June,...

Eurozone money supply growth accelerated again in June, while lending to private sector continued to fall, data from the European Central Bank showed Friday. The broad money supply, M3 increased 1.5 percent year-on-year in June, faster than the 1 percent rise seen in May and 1.2 percent growth forecast...

Dutch producer confidence increased to its highest level in three years in July as assessment on new orders improved, a report from Statistics Netherlands showed Friday. The producer confidence index climbed to 1.2 in July from 0.7 in June. It was more than double the 0.5 consensus estimate. This...

Turkey's foreign trade deficit in June narrowed less-than-expected in June, figures from the Turkish Statistical Institute showed Friday. The foreign trade deficit shrunk to $7.8 billion in June from $8.6 billion in the same month last year. Economists had forecast a $7.0 billion deficit for the month....

GermanGFK-072514.jpg Germany consumer confidence is set to improve further in August to the strongest level since December 2006 despite escalating geopolitical tensions in Israel and Ukraine, data from market research group GfK showed Friday. The forward-looking consumer sentiment index rose to 9 in August, while it was expected to remain unchanged at 8.9. This was the highest value recorded since December 2006.

Denmark's retail sales declined in June, after rising for four consecutive months, data from Statistics Denmark showed Friday. Retail sales fell 0.6 percent month-on-month in June, following the 0.3 percent rise in May. Sales of food and other groceries remained unchanged over the month in June,...

Spain's producer prices increased for the first time in six months in June, data from INE showed Friday. Producer prices were up 0.4 percent in June from last year, offsetting the 0.4 percent fall in May. This was the first increase since last December, when prices gained 0.6 percent. Consumer...

Singapore's industrial production rose unexpectedly in June from a year ago, figures from the Economic Development Board showed Friday. Manufacturing output grew 0.4 percent year-on-year in June, in contrast to economists' expectation for a 0.9 percent decline. In May, production dropped 1.9 percent,...

Germany consumer confidence is set to improve in August to the highest level recorded since December 2006, survey data from market research group GfK showed Friday. The forward-looking consumer sentiment index rose to 9 in August from 8.9 in July. This was the highest value registered since December...

Standard & Poor's Ratings Services on Friday retained Malaysia's sovereign ratings at 'A-', citing its strong external balance sheet and considerable monetary flexibility. The agency also maintained 'stable' outlook reflecting the expectations that external position and monetary flexibility will...

German consumer confidence and business climate data along with preliminary second quarter U.K. GDP data are among the important economic releases scheduled for Friday. At 2 am ET, market research group GfK will release its consumer sentiment figures for Germany. The forward looking consumer sentiment...

Malaysia's unemployment rate remained unchanged in May, figures from the Department of Statistics showed Friday. The unemployment rate came in at 2.9 percent in May, the same as in the previous month. A year ago, the unemployment rate was 3.3 percent. The number of unemployed in the country decreased...