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Economy And The Numbers

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Bank of Japan board member Takehiro Sato said labor market reforms will strengthen monetary easing effects and the inflation rate will increase. In Japan, some labor market practices could be constraints on raising long-term inflation expectations, Sato said in a speech at Yale University in New Haven...

Iceland's producer prices continued its declining trend in February, figures from Statistics Iceland showed Wednesday. The producer price index fell 5.5 percent year-over-year in February, faster than the 5.3 percent decrease in January. The measure has been falling since January 2016. Domestic...

Swiss financial analysts' economic expectations for the next six months strengthened for a seventh consecutive month in March to the highest level in more than three years, results of a survey by the Credit Suisse bank and the CFA Society Switzerland showed Wednesday. The Credit Suisse CFA Society...

Italy's consumer confidence improved for the first time in three months in March, and business confidence strengthened to the strongest level in fifteen months, survey data from the statistical office Istat showed Wedenesday. The consumer confidence index climbed to 107.6 in March from 106.6 in the...

UK mortgage approvals declined in February and consumer credit growth slowed from January, the Bank of England reported Wednesday. The number of loans approved for house purchases fell to 68,315 in February from 69,114 in January. Approvals were forecast to remain at 69,100. The dip in mortgage...

Sweden's economic confidence weakened for the third straight month in March, survey data from the National Institute of Economic Research showed Wednesday. The economic tendency indicator fell to a 4-month low of 109.2 in March from 110.8 in February. Economists had expected the index to drop to 110.6....

Story recast The Thai central bank kept its interest rate unchanged on Wednesday as the economy is expected to grow faster than the previous estimate this year amid subdued inflation. The Monetary Policy Committee of the Bank of Thailand unanimously voted to keep the interest rate at 1.50 percent. The...

Hungary's unemployment rate increased unexpectedly in the three months February, though marginally, figures from the Hungarian Central Statistical Office showed Wednesday. The jobless rate rose to 4.4 percent in the December to February period from 4.3 percent in the November to January period. Meanwhile,...

Swedish central bank is unlikely to raise its key interest rate until the third quarter of next year as core inflation remains low though the headline figure hit 2 per cent in February, the National Institute of Economic Research said Wednesday. "The Riksbank will therefore wait before raising the...

French consumer sentiment remained unchanged in March, survey results from the statistical office Insee showed Wednesday. The consumer confidence index came in at 100 in March, the same as in February and in line with expectations. Households' opinion on the past standard of living in France...

A measure of Swiss private consumption increased in February, driven by domestic tourism, survey data from the UBS investment bank showed Wednesday. The UBS consumption indicator climbed to 1.50 in February from 1.44 in the previous month. The rise in February was mainly supported by domestic...

Germany's import prices increased at the fastest pace in nearly six years in February, figures from Destatis showed Wednesday. Import prices climbed by more-than-expected 7.4 percent year-on-year in February, the highest rise since April 2011, when prices surged 7.6 percent. Economists had forecast...

Theresa-May-032917.jpg UK Prime Minister Theresa May signed a letter late Tuesday that notifies the European Union of her government invoking the Article 50 of the Lisbon Treaty, which will trigger the formal 'Brexit' process. Britain's Ambassador to the EU Tim Barrow will deliver the letter to the European Council President Donald Tusk in Brussels on Wednesday.

UK-flag-032917.jpg The 'Brexit' negotiation process is set to begin as the UK Prime Minister Theresa May signed the letter late Tuesday that notifies the European Union of her government invoking the Article 50 of the Lisbon Treaty.

UK Prime Minister Theresa May signed the letter late Tuesday that notifies the European Union of her government invoking the Article 50 of the Lisbon Treaty, which will trigger the formal 'Brexit' process. Britain's Ambassador to the EU will deliver the letter to European Council President Donald...

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