Economy And The Numbers

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New Zealand had a seasonally adjusted current account deficit of NZ$2.0 billion in the second quarter of 2014, Statistics New Zealand said on Wednesday. That deficit was up NZ$1.4 billion from the first quarter. For the year ended June 2014, the current account deficit was NZ$5.8 billion (2.5 percent...

New Zealand will on Wednesday release Q2 numbers for current account, setting the pace for a modest day in Asia-Pacific economic activity. The current account is expected to reflect a deficit of NZ$1.00 billion after showing a surplus of NZ$1.407 billion in the first quarter. Australia will see...

Producer-Price-Index-091614.jpg After reporting a modest uptick in U.S. producer prices in the previous month, the Labor Department released a report on Tuesday showing that producer prices came in unchanged in the month of August. The Labor Department said its producer price index for final demand was unchanged in August after inching up by 0.1 percent in July.

After reporting a modest uptick in U.S. producer prices in the previous month, the Labor Department released a report on Tuesday showing that producer prices came in unchanged in the month of August.

Poland's average gross wages grew less than expected in August, data from the Central Statistical Office revealed Tuesday. Average gross wages climbed 3.5 percent year-on-year in August, the same rate as seen in July. Economists had forecast wages to grow 3.8 percent. On a monthly basis, average...

Poland's core inflation unexpectedly rose in August, data from the central bank showed Tuesday. The consumer price index excluding food and energy prices climbed 0.5 percent annually following 0.4 percent increase in July. Economists had expected the core inflation figure to remain unchanged. On...

German-ZEW-091614.jpg Germany's investor confidence weakened to a level last seen in late 2012 amid concerns that the rising geopolitical tensions are hurting the European economy, data from the Centre for European Economic Research/ZEW showed Tuesday. The ZEW economic sentiment index fell to 6.9 in September from 8.6 in August. The index has been falling since last January and matched the score seen in December 2012.

Croatia's consumer prices declined for the seventh consecutive month in August, figures from the Croatian Bureau of Statistics showed Tuesday. The consumer price index fell 0.3 percent year-on-year following 0.1 percent drop in the previous month. The index has been falling since February. Month-on-month,...

UK-Inflation-091614.jpg U.K. inflation slowed marginally as expected in August on falls in prices of motor fuels and food, data from the Office for National Statistics revealed Tuesday. Factory-gate prices declined for the second straight month indicating benign inflationary pressures in the pipeline. Consumer prices rose 1.5 percent year-on-year in August, slower than the 1.6 percent rise in July.

The euro area growth outlook has weakened amid rising geopolitical tensions and the central bank stands ready to take appropriate action if needed to thwart any threat of deflation, European Central Bank Governing Council member Erkki Liikanen said on Tuesday. Liikanen, who is also the governor of...

Germany's investor confidence weakened less-than-expected in September, reports said Tuesday citing data from the Centre for European Economic Research/ZEW. The ZEW economic sentiment index fell to 6.9, which was above economists' forecast for a score of 5. In August, the index reading was 8.6. The...

Eurozone hourly labor cost growth doubled in the second quarter, Eurostat reported Tuesday. Hourly labor costs increased 1.2 percent from the last year, after rising 0.6 percent in the first quarter. The main components of labor costs namely wages and salaries, and non-wage costs increased in...

House prices in the United Kingdom rose at a faster pace in July, figures from the Office for National Statistics showed Tuesday. House prices grew 11.7 percent year-on-year in July following the 10.2 percent rise in June. This was driven by the 19.1 percent increase in house prices in London....

U.K. inflation slowed as expected in August on falls in prices of motor fuels and food, data from the Office for National Statistics showed Tuesday. Consumer prices rose 1.5 percent year-on-year in August, slower than the 1.6 percent rise in July. The annual rate came in line with economists' expectations. Month-on-month,...

Czech producer prices stagnated in August, after declining in July, data from the Czech Statistical Office showed Tuesday. Producer prices remained unchanged year-on-year in August following the 0.1 percent drop in July. This was in line with the expectations of economists. Prices in the mining...