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Economy And The Numbers

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philippneflag may08 27jan22 The Philippine economy expanded at a faster-than-expected pace in the fourth quarter, underpinned by robust household spending and investment, official data revealed on Thursday. Gross domestic product grew 7.7 percent year-on-year in the fourth quarter, faster than the 6.9 percent rise in the third quarter and the economists' forecast of 6.2 percent.

UK car production decreased in 2021 to its lowest level since 1956, data published by the Society of Motor Manufacturers and Traders, or SMMT, showed on Thursday. Car production dropped 6.7 percent to 859,575 units, the worst total since 1956. This was down by 61,353 from the previous year and 34...

Finland's consumers were less pessimistic at the start of the year, while retail sales grew at a slower pace in the previous month, figures from Statistics Finland showed Thursday. The consumer confidence index climbed to -1.7 from -3.5 in December, results of Statistics Finland's survey among 962...

germany may25 27jan22 German consumer confidence is set to improve in February, survey results from the market research group GfK showed on Thursday. After two consecutive declines, the consumer sentiment index rose to -6.7 in February from revised -6.9 in January. Economists had forecast the index to fall to -7.8.

China's industrial profits increased at a slower pace at the end of the year, reports said citing data published by the National Bureau of Statistics on Thursday. Industrial profits increased 4.2 percent on a yearly basis in December, slower than the 9.0 percent rise in November. Higher input...

preview oct12 27jan22 Consumer confidence data from Germany is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Germany's GfK consumer sentiment survey results are due. The forward-looking consumer sentiment index is forecast to fall to -7.8 in February from -6.8 in January.

Export prices in Australia were up 3.5 percent on quarter in the fourth quarter of 2021, the Australian Bureau of Statistics said on Thursday - slowing from 6.2 percent in the three months prior. On a yearly basis, export prices skyrocketed 38.3 percent. Individually, coal, coke and briquettes...

New Zealand will on Thursday release A4 numbers for consumer prices, highlighting a busy day for Asia-Pacific economic activity. Inflation is expected to rise 1.3 percent on quarter and 5.7 percent on year after gaining 2.2 percent on quarter and 4.9 percent on year in the previous three months. Australia...

newzealandcpi 071510 Consumer prices in New Zealand jumped a 30-year high 5.9 percent on year in the fourth quarter of 2021, Statistics New Zealand said on Thursday. That beat forecasts for an increase of 5.7 percent and accelerated from 4.9 percent in the three months prior. "New Zealand is not alone, with many other...

Consumer prices in New Zealand were up 5.9 percent on year in the fourth quarter of 2021, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 5.7 percent and accelerated from 4.9 percent in the three months prior. Individually, housing and household utilities...

Manufacturing business conditions in South Korea deteriorated in January, the Bank of Korea said on Thursday as its Business Survey Index fell to a score of 90 in January from 95 in December. The outlook also came in at 90, down from 92 a month earlier. In the non-manufacturing sector, the BSI...

eccles building 112818 26jan22 Citing elevated inflation and a strong labor market, the Federal Reserve indicated Wednesday that it plans to begin raising interest rates "soon." The Fed left interest rates unchanged at near-zero levels as widely expected but said the Federal Open Market Committee expects "it will soon be appropriate to raise the target range for the federal funds rate."

new home sales corrected 012622 A report released by the Commerce Department on Wednesday showed new home sales in the U.S. surged much more than expected to a nine-month high in the month of December. The Commerce Department said new home sales soared by 11.9 percent to an annual rate of 811,000 in December after spiking by 11.7 percent to a revised rate of 725,000 in November.

Poland's jobless rate remained stable in December, figures from the statistical office showed on Tuesday. The unemployment rate remained unchanged at 5.4 percent in December. This was in line with economists' expectation. In the same month last year, the unemployment rate was 6.3 percent. The...

Denmark's retail sales declined for the second straight month in December, figures from Statistics Denmark showed on Tuesday. Retail sales fell a seasonally adjusted 4.5 percent month-on-month in December, following a 0.4 percent decline in November. Sales of clothing and other goods declined 10.9...

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