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Economy And The Numbers

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Retail sales in Japan were down 0.8 percent on year in April, the Ministry of Economy, Trade and Industry reported on Monday. That beat forecasts for a decline of 1.2 percent following the 1.0 percent fall in March. Sales from large retailers slumped 0.8 percent on year - also beating expectations...

Japan will on Monday release April figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Retail sales are expected to dip 0.5 percent on month and 1.3 percent on year after rising 1.4 percent on month and falling 1.1 percent on year in March. Sales from large retailers...

It will be appropriate for the Federal Reserve to raise interest this summer if the economy continues to improve, Fed Chair Janet Yellen said Friday afternoon. "I think for the Fed to gradually and cautiously increase our overnight interest over time and probably in the coming months, such a move...

CONSUMER-RETAIL_27May16.jpg Consumer sentiment in the U.S. improved by less than initially estimated in the month of May, according to a report released by the University of Michigan on Friday, although the consumer sentiment index remained at an eleven-month high.

Mexico's unemployment rate unexpectedly eased in April, figures from the statistical office INEGI showed Friday. The seasonally adjusted jobless rate declined to 3.9 percent from 4.2 percent in March. Economists had expected the rate to remain unchanged. The unadjusted unemployment rate, in contrast,...

USGDP-052716.jpg While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown. The report said the pace of growth in gross domestic product was upwardly revised to 0.8 percent.

Norway's central bank re-appointed Oystein Olsen as its chief for a second six-year term on Friday. Olsen was appointed as Governor of Norges Bank by the Council of State for a second six-year term, the bank said in a statement. He first became the Governor of the Norwegian central Bank in January,...

While the Commerce Department released a report on Friday showing stronger than previously estimated U.S. economic growth in the first quarter, the pace of growth still reflects a significant slowdown.

Italy's business sentiment weakened unexpectedly in May, monthly survey results from the statistical office Istat showed Friday. The business confidence index fell to 102.1 in May from 102.7 in April. A similar lower reading was last seen in February. Economists had forecast the reading to rise to...

Lithuania's retail sales growth quickened in April, after easing in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, climbed a working-day-adjusted 6.3 percent year-over-year in April,faster than the 5.0 percent gain in March. In February, sales...

Iceland's consumer price inflation accelerated for the second straight month in May, though slightly, figures from Statistics Iceland showed Friday. The consumer price index rose 1.7 percent year-over-year in May, faster than the 1.6 percent climb in the previous month. Prices of domestic goods...

Swedish retail sales growth eased unexpectedly in April, figures from Statistics Sweden revealed Friday. Retail sales increased 1.7 percent year-on-year in April, following March's 1.9 percent growth. Economists had forecast sales growth to improve to 2.8 percent. This was the weakest growth since...

A measure of the current economic situation in the euro area declined for a fourth straight month in May, amid an industrial slowdown and low inflation, a report by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The euro-coin indicator dropped to 0.26 from 0.28 in April....

Spain's retail sales grew at a slower pace in April, the statistical office INE reported Friday. Retail sales climbed by working-day adjusted 4.1 percent on a yearly basis, slower than the 4.4 percent increase seen in March. However, on an unadjusted basis, retail sales growth accelerated to 6.4...

Turkey's international reserves increased in April from a month ago, data from the Turkish Central Bank showed Friday. Official foreign reserves fell by 1.3 percent to $116.0 billion in April from $114.59 billion in the preceding month. Foreign currency reserves grew by $474 million over the month...

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