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NewZealandcpi-071510.jpg New Zealand's gross domestic product jumped 1.0 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday. That topped forecasts for an increase of 0.7 percent, which would have been unchanged from the previous three months. The growth was driven by primary industries,...

New Zealand's gross domestic product expanded 1.0 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday. That topped forecasts for an increase of 0.7 percent, which would have been unchanged from the previous three months. On a yearly basis, GDP added 2.9 percent...

New Zealand will on Thursday provide Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to add 0.7 percent on quarter and 3.3 percent on year following the 0.7 percent quarterly growth and the 3.9 percent yearly gain in the second quarter. Hong...

FederalReserve-121814.jpg The Federal Reserve said Wednesday it will be "patient" in determining when to raise interest rates, a subtle change in language from its previous vow to keep rates near zero for a "considerable time." "Based on its current assessment, the (Federal Open Market) Committee judges that it can be patient...

CPIChart-121714.jpg Consumer prices in the U.S. fell by more than anticipated in the month of November, according to a report released by the Labor Department on Wednesday, with the decrease reflecting another sharp drop in energy prices.

Ukunemployment-121714.jpg The U.K. unemployment rate eased to a 6-year low in the three months to October and earnings growth exceeded inflation, boosting scope for strong private spending in coming months. The jobless rate fell to 6 percent during August to October from 6.2 percent seen in the May to July period, the Office for National Statistics reported Wednesday.

BoE-121714.jpg Bank of England policymakers decided to leave the key rate at a historic low of 0.50 percent in a split vote for the fifth straight time at the meeting held on December 3 and 4. The Monetary Policy Committee governed by Mark Carney voted 7-2 to retain the base rate at 0.50 percent, the minutes showed Wednesday. Ian McCafferty and Martin Weale sought a quarter point hike.

ADB-Outlook-121714.jpg The Asian Development Bank downgraded its growth outlook for Developing Asia as momentum slowed in the second half of 2014, the Manila-based Asian Development Bank said Wednesday. In its supplement to Asian Development Outlook 2014 released Wednesday, the bank said the region will grow 6.1 percent in 2014 instead of 6.2 percent estimated in September.

New Zealand posted a seasonally adjusted current account deficit of NZ$2.5 billion in the third quarter of 2014, Statistics New Zealand said on Wednesday. That follows the NZ$1.01 billion shortfall in the second quarter. Exports of goods fell NZ$380 million, driven by an 11.4 percent fall in dairy...

New Zealand had a seasonally adjusted current account deficit of NZ$2.5 billion in the third quarter of 2014, Statistics New Zealand said on Wednesday. That follows the NZ$1.01 billion shortfall in the second quarter. Exports of goods fell NZ$380 million, while imports of goods added NZ$325 million. On...

Japan will on Wednesday release November numbers for imports, exports and trade balance, highlighting a busy day in Asia-Pacific economic activity. Imports are expected to add 1.7 percent on year after rising 3.1 percent in October. Exports are called higher by 7.0 percent after spiking 9.6 percent...

Producer prices in South Korea dipped 0.3 percent on month in November, the Bank of Korea said on Wednesday, following the 0.7 percent decline in October. Among the individual components, prices for agricultural, forestry & marine products added 2.2 percent on month, while manufacturing industry products...

HousingStarts-121614.jpg New residential construction in the U.S. decreased in the month of November, according to a report released by the Commerce Department on Tuesday. The report said housing starts fell 1.6 percent to a seasonally adjusted annual rate of 1.028 million in November from the revised October estimate of 1.045 million.

eurozone-manufacturing-121614.jpg Eurozone private sector expanded slightly more-than-expected in December, underpinned by the periphery, preliminary data from a survey by Markit Economics showed Tuesday. However, activity growth in Germany slowed to an 18-month low due to lower order intakes and recent airline and rail strikes. At the same time, the French private sector contracted at a slower pace in December.

UKInflation-121614.jpg U.K. inflation slowed more-than-expected to a 12-year low in November as the decline in oil prices dragged transport costs and food prices lower. Inflation eased to 1 percent in November, the lowest since September 2002, from 1.3 percent in October, the Office for National Statistics said Tuesday. Economists had forecast inflation to fall marginally to 1.2 percent.