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Economy And The Numbers

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germanyindustrialproduction-oct08_22jul19.jpg Germany's finance ministry warned on Monday that the weakness in the industrial sector and exports is set to last longer, mainly due to global risks such as the trade tensions. "Leading indicators and falling orders indicate a persistently weakened industrial economy," the ministry said in its latest monthly report.

ukgdp-oct10_22jul19.jpg The UK economy may have already entered a recession and the outlook beyond October is very murky with the possibility of a severe downturn in the event of a disorderly no-deal Brexit, the National Institute of Economic and Social Research, or NIESR, said in a report on Monday. The think tank said there is one-in-four chance that the economy has already entered a technical recession.

Ireland's wholesale prices fell at the fastest pace in three months in June, data from the Central Statistics Office showed on Monday. The wholesale price index declined 6.8 percent in June, following a 6.3 percent fall in May. This was the biggest fall since March, when prices were down 6.8 percent....

Switzerland's broad money supply grew the most since January 2018, data from the Swiss National Bank showed Monday. The broad money supply, M2, expanded 3.7 percent year-on-year in June, faster than the 3.4 percent increase seen in May. This was the fastest expansion since January 2018, when M3 climbed...

Iceland's consumer price inflation slowed to the lowest level in four months in July, figures from Statistics Iceland showed on Monday. The consumer price index climbed 3.1 percent year-on-year in July, following a 3.3 percent rise in June. The latest inflation was the slowest since March, when...

Hong Kong's consumer price inflation rose in June after easing in the previous month, data from the Census and Statistics Department showed on Monday. The consumer price index rose 3.3 percent year-on-year in June, after a 2.8 percent increase in May. Economists had expected a 2.4 percent rise. In...

Taiwan jobless rate rose in June after slowing in the previous month, the Directorate General of Budget Accounting & Statistics, or DGBAS, said on Monday. On a seasonally adjusted basis, the unemployment rate increased to 3.74 percent in June from 3.72 percent in May. In April, the jobless rate was...

British households' expectations towards future finances remained positive in July, survey data from IHS Markit showed Monday. The headline household finance index rose for the second straight month in July, to 44.3 from 43.9 in June. The score signaled the weakest level of pessimism among households...

Estonia's producer price inflation slowed in June, data from Statistics Estonia showed on Monday. Producer prices advanced 0.5 percent year-on-year in June, which was slower than 1.1 percent rise in May. Prices of mining and quarrying industry grew 7.5 percent annually and manufacturing prices...

Dutch consumer confidence improved in July, data from the Central Bureau of Statistics showed on Monday. The consumer confidence index rose to 2 in July from zero in June. The consumer confidence index has remained above the average of minus 4 points over the past twenty years. The economic...

Afghanistan's economic growth is expected to improve this year with easing of drought conditions but cautioned that the region faces strong headwinds to growth, the World Bank said in its Afghanistan Development Update. The economy grew only around 2 percent in 2018, leading to further increases in...

The next UK Prime Minister should restore confidence and take action to bring the economy back on track, the Confederation of British Industry said in its Business Manifesto published Monday. Carolyn Fairbairn, the CBI's Director General called for a clear direction for the UK and to build a long-term...

Hong Kong is scheduled to release June figures for consumer prices on Monday, headlining a light day for Asia-Pacific economic activity. In May, the annual inflation rate was 2.8 percent. Japan will provide June numbers for convenience store sales; in May, sales were up 1.7 percent on year.

consumershopping-071919.jpg Reflecting an uptick in expectations, the University of Michigan released a report on Friday showing a slight improvement in U.S. consumer sentiment in the month of July. The preliminary report showed the consumer sentiment index inched up to 98.4 in July from the final June reading of 98.2.

Pessimism among Belgium's households eased in July as their assessment of the future economic situation and savings were less gloomy, survey data from the National Bank of Belgium showed on Friday. The consumer confidence index edged up to -6 from -7 in June. The reading was -5 in May. The sub-index...

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