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Economy And The Numbers

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consumer-010319_17jan20.jpg A report released by the University of Michigan on Friday showed a slight deterioration in U.S. consumer sentiment in the month of January. Preliminary data showed the consumer sentiment index edged down to 99.1 in January from the final December reading of 99.3. Economists had expected the index to come in unchanged.

industrialproduction-011720.jpg With utilities output plummeting amid a slump in demand for heating, the Federal Reserve released a report on Friday showing a modest pullback in U.S. industrial production in the month of December. The Fed said industrial production fell by 0.3 percent in December after climbing by a downwardly revised 0.8 percent in November.

homeconstruction-011720.jpg After reporting significant increases in new residential construction in the two previous months, the Commerce Department released a report on Friday showing U.S. housing starts saw an even more substantial spike in the month of December. The Commerce Department said housing starts skyrocketed by 16.9 percent to an annual rate of 1.608 million in December.

After reporting significant increases in new residential construction in the two previous months, the Commerce Department released a report on Friday showing U.S. housing starts saw an even more substantial spike in the month of December.

ukretail-sep19_17jan20.jpg UK retail sales declined unexpectedly even in festive season in December signaling that weak consumer spending weighed on economic growth in the last quarter of 2019. Retail sales volume, including auto fuel, dropped 0.6 percent month-on-month, following a 0.8 percent decrease in November, data from the Office for National Statistics showed Friday.

Eurozone construction output recovered in November, Eurostat reported Friday. Construction output increased 0.7 percent on a monthly basis, in contrast to a 0.5 percent fall in October. The recovery was driven by a 1.1 percent rise in building construction and a 0.3 percent rise in civil engineering....

Portugal's producer prices fell for the seventh month in a row in December, figures from Statistics Portugal showed on Friday. The producer price index fell 1.6 percent year-on-year in December, following a 1.9 percent decline in November. Excluding the energy group, producer prices fell 1.4...

Italy consumer price inflation increased in December as estimated, final data from the statistical office Istat showed on Friday. Another report from Istat showed that the trade surplus increased in November, albeit decreases in exports and imports. The consumer price index rose 0.5 percent...

Nigeria's consumer price inflation rose to the highest level in twenty months in December, figures from the National Bureau of Statistics showed on Friday. The consumer price index rose 11.98 percent year-on-year in December, following a 11.85 percent increase in November. The latest inflation...

Austria's consumer price inflation rose in December, figures from Statistics Austria showed on Friday. The consumer price index rose 1.7 percent year-on-year in December, following a 1.1 percent increase in November. Prices for housing, water and energy, and leisure and culture grew by 2.5 percent,...

Switzerland's producer and import prices declined in December, data from the Federal Statistical Office showed on Friday. The producer and import prices fell 1.7 percent year-on-year in December. On a monthly basis, producer and import prices edged up 0.1 percent in December. On an average,...

Eurozone inflation increased as estimated in December, final data from Eurostat reported Friday. Inflation rose to 1.3 percent in December, as initially estimated, from 1 percent in November. A similar higher rate was last seen in June. Headline inflation remained well below the European Central...

UK retail sales declined unexpectedly in December, data from the Office for National Statistics showed Friday. Retail sales volume, including auto fuel, dropped 0.6 percent on month, following a 0.8 percent decrease in November. This was the fifth consecutive month of no growth. Economists had...

The euro area current account surplus declined in November from the previous month, the European Central Bank reported Friday. The current account surplus fell to EUR 34 billion from EUR 36 billion in October. However, the surplus was larger than the EUR 27 billion logged in November 2018. The...

The Bank of Korea left its key interest rates unchanged on Friday as sluggishness in the domestic economy eased somewhat. The Monetary Policy Board of the Bank of Korea decided to maintain the base rate at 1.25 percent. The bank had reduced the rate by 25 basis points each in July and October 2019....

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