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Economy And The Numbers

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existing home sales 092221 The National Association of Realtors released a report on Wednesday showing a pullback by U.S. existing home sales in the month of August. NAR said existing home sales slumped by 2.0 percent to an annual rate of 5.88 million in August after jumping by 2.2 percent to a revised rate of 6.00 million in July.

The German economy is projected to grow faster than previously estimated next year but trimmed its outlook for 2021 citing the impact of supply-side bottleneck on the manufacturing sector. In its Autumn forecast, the think tank lifted its growth outlook for 2022 to 5.1 percent from 4.3 percent. The...

Ireland's wholesale prices declined at a softer pace in August, data from the Central Statistics Office showed on Wednesday. Wholesale prices decreased 1.4 percent annually in August, following a 2.1 percent decline in July. On a monthly basis, wholesale prices fell 0.8 percent in August, after...

Italy's industrial turnover increased at a softer pace in July, data from the statistical office Istat showed on Wednesday. Industrial turnover grew 0.9 percent month-on-month in July, after 3.1 percent increase in June. Domestic turnover rose 1.7 percent in July, after a 2.2 percent gain in June....

South Africa's consumer price inflation increased in August, figures from Statistics South Africa showed on Wednesday. The consumer price index rose 4.9 percent year-on-year in August, following a 4.6 percent increase in July. Economists had expected a 4,8 percent rise. The main contributions to...

asiandevelopmentbank sept25 22sep21 The Asian Development Bank raised its economic growth projections for the next year but signaled divergence in the recovery paths among regional economies. In its latest Asian Development Outlook 2021 Update, released Wednesday, the ADB said developing Asia will expand 5.4 percent next year, instead of 5.3 percent estimated previously. Meanwhile, the outlook for 2021 was downgraded to 7.1 perce

Turkey's consumer confidence improved in September, survey results from the Turkish Statistical Institute showed on Wednesday. The consumer confidence index rose to 79.7 in September from 78.2 in August. The survey was carried out in cooperation with the Turkish Statistical Institute and the Central...

Denmark consumer confidence improved in September, survey data from Statistics Denmark showed on Wednesday. The consumer confidence index rose to 8.2 in September from 4.4 in August. The average for the past six months was 3.2. The index measuring consumers' view regarding the future personal financial...

boj 031617 22sep21 The Bank of Japan kept its monetary policy stimulus unchanged on Wednesday, ahead of next week's presidential election of the ruling Liberal Democratic Party to select a successor to the outgoing Prime Minister Yoshihide Suga. The board, governed by Haruhiko Kuroda, on Wednesday, voted 8-1, to hold the interest rate at -0.1 percent on current accounts that financial institutions maintain at the c

The Netherlands' consumer confidence improved in September, data from the Central Bureau of Statistics showed on Wednesday. The consumer confidence index rose to -5 in September from -6 in August. The score was below the 20-year average of -8 points. Among components, the economic climate index...

chinaflag july24 22sep21 China maintained its benchmark loan prime rates for the 17 consecutive month, as widely expected. The one-year loan prime rate was kept unchanged at 3.85 percent and the five-year LPR at 4.65 percent. The one-year and five-year loan prime rates were last lowered in April 2020. The one-year loan prime rate was cut by 20 basis points and five-year rate by 10 basis points in April 2020.

The Bank of Japan will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The bank is widely expected to keep its benchmark lending rate steady at -0.1 percent, although other forms of stimulus...

Hungary's central bank raised its interest rates in September, for a fourth policy session in a row, and signaled it will continue to do so in coming months, citing rising inflation and upside risks to the outlook. The Monetary Council decided to raise the central bank base rate by 15 basis points...

oecd nov21 21sep21 The Organisation for Economic Cooperation and Development raised the growth projection for next year, while lowering the same for this year, and expressed concern over the increasingly uneven nature of the economic recovery from the slump caused by the pandemic as well as rising inflationary pressures.

building permits 092121 New residential construction in the U.S. increased by more than expected in the month of August, according to a report released by the Commerce Department on Tuesday.

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