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Economy And The Numbers

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chinainflation aug9 10apr20 China's consumer price inflation slowed more-than-expected to a five-month low in March as measures to contain the spread of coronavirus, or covid-19, lowered household demand, data from the National Bureau of Statistics showed Friday. Consumer prices rose 4.3 percent year-on-year in March, slower than the 5.2 percent increase in February. Inflation was forecast to slow to 4.9 percent.

Consumer prices in China were up just 4.3 percent on year in March, the National Bureau of Statistics said on Friday. That was shy of expectations for an annual increase of 4.9 percent and down sharply from 5.2 percent in February. On monthly basis, inflation tumbled 1.2 percent versus forecasts...

Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan said on Friday - coming in at 546.248 trillion yen. That follows the 2.1 percent yearly increase in February. Excluding trusts, bank lending rose an annual 2.2 percent to 476.139 trillion yen after gaining 2.2...

Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan said on Friday. That was shy of expectations for a decline of 0.7 percent following the 0.4 percent drop in February. On a yearly basis, producer prices fell 0.4 percent - again missing expectations for a dip of...

China will on Friday release March figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. Consumer prices are tipped to have risen 4.9 percent on year, slowing from 5.2 percent in February. Producer prices are called lower by an annual 1.1 percent after...

jerome h powell 112818 09apr20 Despite the havoc being wreaked on the world by the coronavirus outbreak, Federal Reserve Chair Jerome Powell said Thursday he expects a "robust" economic recovery once the spread of the virus is under control. Powell noted in an online speech sponsored by the Brookings Institution that the Fed will continue to do all it can to shepherd the economy through this difficult time.

The UK economy would be plunged into a severe recession in the second quarter if the lockdown imposed to slow the spread of the coronavirus, or Covid-19, pandemic continues, the National Institute of Economic and Social Research said on Thursday. The think tank predicted 5 percent decline in economic...

ecbank sep12 09apr20 ECB policymakers agreed that there was need for decisive action to support the euro area economy as the coronavirus, or Covid-19, pandemic hurt economic activity in the countries in the single-currency bloc, minutes of an emergency policy session on March 18 revealed on Thursday.

wholesale inventories 040920 Reflecting decreases in inventories of both durable and non-durable goods, the Commerce Department released a report on Thursday showing a bigger than expected decrease in U.S. wholesale inventories in the month of February. The Commerce Department said wholesale inventories slid by 0.7 percent in February after falling by a revised 0.6 percent in January.

consumer sentiment 040920 Preliminary data released by the University of Michigan on Thursday showed a record-breaking decline in U.S. consumer sentiment in the month of April. The report said the consumer sentiment index plummeted to 71.0 in April after plunging to 89.1 in March. Economists had expected the index to tumble to 75.0.

eccles building 110818 09apr20 Continuing its unprecedented steps to support the economy amid the coronavirus pandemic, the Federal Reserve announced additional actions on Thursday. The Fed said it will provide up to $2.3 trillion in loans to assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic.

us ppi 040920 With energy prices falling sharply, the Labor Department released a report on Thursday showing a modest decrease in U.S. producer prices in the month of March. The Labor Department said its producer price index for final demand dipped by 0.2 percent in March after sliding by 0.6 percent in February. Economists had expected prices to drop by 0.4 percent.

jobless claims3 040920 First-time claims for U.S. unemployment benefits decreased in the week ended April 4th but still came in well above economist estimates, according to a report released by the Labor Department on Thursday. The report said 6.606 million people filed for unemployment last week, a decrease of 261,000 from the previous week's upwardly revised level of 6.867 million.

With energy prices falling sharply, the Labor Department released a report on Thursday showing a modest decrease in U.S. producer prices in the month of March.

First-time claims for U.S. unemployment benefits decreased in the week ended April 4th but still came in well above economist estimates, according to a report released by the Labor Department on Thursday.

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