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Economy And The Numbers

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consumershopping-112219.jpg With consumers more optimistic about the future than previously estimated, the University of Michigan released a report on Friday showing a much bigger than expected upward revision to its reading on U.S. consumer sentiment in the month of November.

christinelagarde-070319_22nov19.jpg Eurozone needs a new European policy mix that focuses on boosting public investment to create a sustainable future, and a review of the European Central Bank's monetary policy will start soon, the new ECB President Christine Lagarde said Friday.

germanygdp-may15_22nov19.jpg The German economy avoided a technical recession in the third quarter, as initially estimated, driven by spending and construction investment, latest data from Destatis showed Friday. Separately, a closely watched survey revealed a moderate contraction in the German private sector as the drag from manufacturing eased in November.

eurozonepmi-oct24_22nov19.jpg Euro area private sector grew at a much slower pace in November, indicating spillover effects from manufacturing to the services activity, flash data from IHS Markit showed Friday. The composite output index fell unexpectedly to 50.3 in November from 50.6 in October. The expected reading was 50.9. Although a score above 50 indicates expansion.

ukgdp-nov22.jpg The UK private sector contracted at the fastest pace in more than two years in November, as a lack of clarity over Brexit and uncertainty from the forthcoming election weighed on activity, flash survey data from IHS Markit showed Friday. The headline IHS Markit/Chartered Institute of Procurement & Supply composite output index fell to a 40-month low of 48.5 in November from the neutral mark.

Latvia producer prices declined in October, led by a sharp fall in prices for the export market, figures from the Central Statistical Bureau showed on Friday. Producer prices decreased 0.2 percent year-on-year following a 0.5 percent increase in September. Domestic market producer prices rose...

Taiwan's unemployment rate dropped for a second consecutive month in October, figures from the Directorate General of Budget, Accounting and Statistics showed on Friday. The non-adjusted unemployment rate fell to 3.77 percent from 3.80 percent in September. The rate was the lowest since June, when...

The euro area private sector remained close to stagnant for a third consecutive month in November, flash data from IHS Markit showed Friday. The composite output index fell unexpectedly to 50.3 in November from 50.6 in October. A score above 50 indicates expansion. The score was forecast to rise...

The European Central Bank's ultra-loose monetary policy is supporting the euro area economy and will continue to do so to ensure inflation returns to its target, the new ECB President Christine Lagarde said Friday. The ECB's accommodative policy stance has been a key driver of domestic demand during...

Germany's private sector continues to shrink in November but the pace of fall moderated from October, flash survey results from IHS Markit showed Friday. The composite output index rose to 49.2 in November from 48.9 in the previous month. A score below 50 indicates contraction and the reading was...

France private sector logged strong growth in November, flash survey data from IHS Markit showed Friday. The composite output index rose slightly to 52.7 in November from 52.6 in October, but below the forecast of 52.8. The survey showed that the current run of expansion extended to eight months...

Lithuania's industrial output decreased in October, led by a slump in energy production, preliminary figures from Statistics Lithuania showed on Friday. Industrial production dropped a working-day adjusted 2 percent year-on-year, led by a 3.4 percent decrease in the output of the electricity, gas,...

The German economy avoided a technical recession in the third quarter, as initially estimated, latest data from Destatis showed Friday. Gross domestic product grew 0.1 percent sequentially, following second quarter's 0.2 percent contraction. The rate came in line with the estimate published on November...

China revised its nominal gross domestic product estimate for 2018 by 2.1 percent, on Friday. According to the National Bureau of Statistics, GDP totaled CNY 91.93 trillion in 2018. However, the NBS said it will not have any significant impact on the 2019 growth rate. The revised data showed that...

preview-nov22.jpg Flash Purchasing Managers' survey from euro area and final GDP from Germany are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's final GDP data for the third quarter. According to preliminary estimate, the economy had expanded 0.1 percent sequentially.

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