Economy And The Numbers

Share SHARE

The European Central Bank is reportedly considering buying corporate bonds on the secondary market, reports said Tuesday. The central bank may take a decision regarding the matter as soon as December with an aim to start the purchases early next year, Reuters reported citing four unidentified sources...

Reserve Bank of Australia Deputy Governor Philip Lowe said he is concerned about overall level of interest rates as it has boosted asset prices globally. Although low interest rate is entirely appropriate to help balancing the Australian economy, "we all need to be cognisant of how risk is changing,"...

Latvia's industrial producer prices rose at a slower annual rate in September, figures from the Central Bureau of Statistics showed Tuesday. The producer price index rose 0.3 percent year-on-year after climbing 0.5 percent in August. Prices increased for a fourth straight month. Prices in the...

The Eurozone 2013 budget deficit was lower than previous estimates, according to data based on European System of Accounts 2010 methodology. The budget deficit came in at 2.9 percent of GDP in 2013 instead of 3 percent calculated under ESA95 methodology, Eurostat reported Tuesday. The deficit...

China's real estate investment growth slowed further in September even after the government relaxed some restrictions for the property market recently. Real estate investment grew 12.5 percent year-on-year in the first nine months of the year, the National Bureau of Statistics said Tuesday. The pace...

Japan's government downgraded its economic view for the second month in a row in its monthly report released Tuesday. In the latest October report, the Cabinet Office said the economy is on a moderate recovery, while weakness can be seen recently. This compares with its view last month that the...

Greece's current account surplus for August increased from the same month last year, figures from the Bank of Greece showed Tuesday. The current account surplus rose to EUR 1.8 billion from EUR 1.2 billion a year ago. This increase was mainly due to higher services surplus in August. The surplus...

The U.K. budget deficit increased in September from last year, data published by the Office for National Statistics showed Tuesday. Public sector net borrowing excluding interventions totaled GBP 11.8 billion in September, an increase of GBP 1.6 billion from the same period of last year. This increase...

Hong Kong's consumer price inflation rose more-than-expected in September, figures from the Census and Statistics Department showed Tuesday. The consumer price index rose 6.6 percent year-on-year following a 3.9 percent climb in August. Economists had forecast a 6.2 percent increase. The larger...

Hungary's employee wage growth slowed notably in August from a year ago, figures from the Hungarian Central Statistical Office showed Tuesday. Gross earnings rose 2.2 percent year-on-year in August, slower than July's 3 percent rise. In June, earnings went up 3.7 percent. Net earnings also increased...

South Africa's leading business cycle indicator rose in August after holding steady in July, data from the South African Reserve Bank showed Tuesday. The composite leading business cycle indicator climbed 0.8 percent month-on-month o 100.5. The July reading was revised down to 99.7, same as in June,...

Switzerland's money supply growth increased in September, the Swiss National Bank reported Tuesday. M3, the broad measure of money supply, grew 3.4 percent year-on-year in September after rising 3.3 percent in August. Likewise, annual growth in the narrow measure, M1 rose to 2.9 percent from 2.8...

A leading indicator of India's economy recovered in September, data from the Conference Board showed Tuesday. The Conference Board leading economic index rebounded by 0.9 percent month-over-month in September following a 1.2 percent drop in August. Seven out of the eight sub-indices contributed...

The unemployment rate in Finland rose more than expected in September, figures from Statistics Finland showed Tuesday. The jobless rate increased to 8.2 percent in September from 7.6 percent in the same month of the previous year. Economists had expected the unemployment rate to rise to 7.9 percent. The...

The Switzerland's trade surplus increased in September, data from the Swiss Federal Customs Administration showed Tuesday. The trade surplus rose to CHF 2.45 billion in September from around CHF 1.3 billion in August. The expected level was CHF 2.49 billion. Exports climbed 2.2 percent to CHF 17.52...