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Economy And The Numbers

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Norway's jobless rate eased for the second straight month in May, the Labour and Welfare Administration or NAV said Friday. The registered unemployment rate fell to 2.7 percent in May from 2.9 percent in the previous month. In March, the jobless rate was 3.0 percent. Economists had expected the...

Denmark's unemployment held steady for a third straight month in April near a six-year low, figures from Statistics Denmark showed Thursday. The seasonally adjusted jobless rate was 4.8 percent in April, unchanged since January. The rate was the lowest since May 2009, when it was 4.7 percent. The...

Bulgaria's producer prices decreased in April from a year ago, figures from the National Statistical Institute showed Friday. The producer price index declined 0.1 percent year-over-year in April. Prices in the manufacturing sector fell 1.8 percent, while prices in the mining and quarrying and utility...

Norway's retail sales growth accelerated unexpectedly in April, figures from Statistics Norway showed Friday. Retail sales volume, excluding motor vehicle sales rose a seasonally adjusted 2.0 percent month-over-month in April, faster than March's 0.3 percent slight increase. Economists had expected...

Sweden's economic growth eased in the first quarter as investment and exports weakened from the prior quarter, Statistics Sweden reported Friday. Gross domestic product expanded 0.4 percent quarter-on-quarter, which was slower than the expected growth of 0.6 percent. The statistical office revised...

Hungary's industrial producer prices decreased for the fourth straight month in April, but at a slower pace, figures from the Hungarian Central Statistical Office showed Friday. The producer price index dropped 1.7 percent year-over-year in April, slower than March's 2.4 percent decline. Economists...

Japan-Inflation-052915.jpg Japanese household consumption declined in April and inflationary pressures eased sharply, raising doubts regarding the expectations of moderate economic recovery and the return of inflation to the central bank's 2 percent target. However, the jobless rate in Japan fell unexpectedly to a 18-year low and industrial production rose in April, extending a glimmer of hope.

The eurocoin indicator, which measure the current economic situation in the euro area, rose for the sixth consecutive month in May, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The eurocoin indicator increased to 0.38 in May from 0.33 in the previous month....

Eurozone money supply growth improved in April and credit extended to the private sector remained flat, the European Central Bank reported Friday. The broad monetary aggregate M3 grew 5.3 percent year-on-year in April, which was faster than the 4.6 percent expansion seen a month ago and exceeded...

Spain's consumer prices declined less than expected in May, flash data from the statistical office INE showed Friday. Consumer prices decreased 0.2 percent year-on-year in May, slower than the 0.6 percent drop in April and a 0.5 percent fall forecast by economists. Prices have been falling since July...

A measure of future economic activity in the Swiss economy improved more-than-expected in May, figures from the Swiss Economic Institute KOF showed Friday. The KOF Economic Barometer rose to 93.1 in May from 89.8 in the previous month, which was revised from 89.5. Economists had expected the index...

Swiss-GDP-052915.jpg Switzerland's economy contracted at the fastest pace in six years in the first quarter as the strong franc weighed heavily on exports. Gross domestic product fell unexpectedly by 0.2 percent sequentially in the first quarter, reversing the prior quarter's 0.5 percent increase, data published by the State Secretariat for Economic Affairs revealed Friday.

France's producer prices continued to decline in April, figures from the statistical office INSEE showed Friday. Producer prices for French market dropped 2.0 percent year-on-year in April, slightly slower than March's 2.2 percent decrease. On a monthly basis, producer prices in the domestic market...

France's household consumption grew less-than-expected in April after a slump in March, amid weaker spending on durables, figures from the statistical office INSEE showed Friday. Household consumption edged up 0.1 percent from March, when it declined 0.7 percent, which was the biggest fall since...

South Africa's money supply growth accelerated at a faster-than-expected pace in April, figures from the Reserve Bank of South Africa showed Friday. The broad money supply, or M3, climbed 8.38 percent year-over-year in April, faster than previous month's 7.42 percent increase. Economists had expected...

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