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Economy And The Numbers

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Estonia's consumer price inflation eased for the third month in a row in November, though it remained strong overall, preliminary figures from Statistics Estonia showed on Wednesday. Consumer prices rose 21.3 percent yearly in November, after a 22.5 percent rise in October. "Compared with November...

bank of canada 102622 The Bank of Canada on Wednesday announced its widely expected decision to raise interest rates by another half a percentage point, saying inflation remains "too high." The Canadian central bank increased its target for the overnight rate by 50 basis points to 4.25 percent, marking the seventh consecutive rate hike.

non farm proctivity 120722 Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter. The Labor Department said labor productivity climbed by 0.8 percent in the third quarter compared to the previously reported 0.3 percent uptick.

The Czech Republic's industrial production expanded at the slowest pace in three months in October, largely due to a plunge in utility output, data from the Czech Statistical Office revealed on Wednesday. Separate data showed that the foreign trade deficit widened sharply in October, as imports grew...

Luxembourg's economy expanded at an accelerated pace in the third quarter, while consumer price inflation eased further to the lowest level in nearly a year in November amid a slowdown in petroleum prices, separate reports from the statistical office showed on Wednesday. The gross domestic product...

Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter.

Greece's economy turned to contraction for the first time since the third quarter of 2020, as significantly increased levels of subsidies on energy-related products largely offset the increase in gross value added. Gross domestic product contracted a seasonally adjusted 0.5 percent quarterly in the...

eurozone 112819 07dec22 The euro area economy posted a better-than-initially estimated growth in the third quarter on household spending and investment, but the revision little changes the bleak outlook for a recession in the coming quarters. The 19-member currency bloc grew an upwardly revised 0.3 percent sequentially, but the pace was slower than the 0.8 percent expansion logged in the second quarter.

Finland's trade deficit widened in October as the increase in imports exceeded the exports growth, preliminary figures from the Finnish Customs showed on Wednesday. The trade deficit increased to EUR 915 million in October from EUR 574 million in the same month last year. In September, the trade deficit...

rbi 040617 07dec22 India's central bank raised its benchmark interest rates for the fifth policy meeting in a row on Wednesday due to sticky core inflation, but geared down the pace of tightening given the softness in economic growth outlook. The Monetary Policy Committee of the Reserve Bank of India voted 5-1 to hike its key interest rate, the repo, by 35 basis points to 6.25 percent with immediate effect, Govern

Taiwan's exports declined for the third straight month in November, and at the fastest pace in nearly seven years, largely due to a plunge in global demand for plastics and rubber articles, preliminary figures from the Ministry of Finance revealed on Wednesday. Exports fell 13.1 percent year-over-year...

The Philippines' industrial production index increased in October and the unemployment rate declined, data from the Philippine Statistics Authority showed on Wednesday. The production index value for manufacturing increased 12.7 percent yearly in October, following a revised 12.0 percent rise in September. Manufacture...

Italy's retail sales decreased in October after rebounding in the previous month, as sales of both food and non-food goods dropped as households tighten spending amid high inflation. The value of retail sales fell 0.4 percent month-on-month in October, reversing a 0.5 percent rise in September,...

germanyfactoryorders sept06 07dec22 Germany industrial production dropped only slightly in October despite the sharp weakness in energy-intensive sectors, signaling a less severe economic downturn at the end of the year. Industrial production dropped 0.1 percent on a monthly basis in October, slower than the expected fall of 0.6 percent.

Norway's industrial production fell for the second consecutive month in October as a result of major declines in output from mining and quarrying, and extraction and related services, data from Statistics Norway showed on Wednesday. Industrial production fell a seasonally adjusted 1.2 percent month-over-month...

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