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Economy And The Numbers

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leadingindex-181019.jpg Partly reflecting weakness in the manufacturing sector, the Conference Board released a report on Friday showing an unexpected drop in its reading on leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index edged down by 0.1 percent in September after dipping by a revised 0.2 percent in August.

Russia's economic growth is expected to return to 1.5-2 percent next year, supported by stimulus from public spending and monetary policy, Governor of the Central Bank of Russia Elvira Nabiullina said Friday. "We think that budget policy will have a more stimulative stance and the normalization of...

European leaders on Friday confirmed the appointment of Christine Lagarde as the next president of the European Central Bank. Lagarde, who is the former managing director of the International Monetary Fund, will take office on November 1, after the incumbent Mario Draghi steps down on October 31....

If the UK moves out of the European Union smoothly, then the Bank of England has room to hike interest rates in a limited and gradual manner, Deputy Governor Dave Ramsden told Bloomberg News in an interview. "The kind of guidance we've been giving -- in the world of a deal it still applies," the banker...

Hong Kong's jobless rate remained stable during the July to September period, data from the Census and Statistics Department showed on Friday. The unemployment rate was 2.9 percent during the July to September period, the same rate as seen during the June to August period. The number of unemployed...

Poland's industrial production rose at a faster-than-expected rate in September, figures from the Statistics Poland showed on Friday. Industrial production rose 5.6 percent year-on-year in September. Economists had expected a 5.0 percent increase. Manufacturing output rose 5.7 percent annually...

Poland's producer price inflation remained stable in September, data from the Central Statistical Office showed on Friday. The producer price index rose 0.9 percent year-on-year in September, the same rate as seen in August. Economists had expected 0.5 percent rise. Prices for electricity, gas,...

Japan's government lowered its economic assessment as exports are expected to remain weak for a longer period. The cabinet office repeated that the economy is recovering at a moderate pace but said the "weakness lasting longer mainly in exports." In September, the report said the weakness is continuing...

The euro area current account surplus increased in August reflecting higher primary income and trade in services, the European Central Bank reported Friday. The current account surplus increased to EUR 27 billion from EUR 22 billion in July. The surplus on trade in goods remained unchanged at...

Reserve Bank of Australia Governor Philip Lowe said negative interest rates are extraordinarily unlikely. "I'm not going to speculate on negative interest rates or quantitative easing in Australia, other than to say negative interest rates are extraordinarily unlikely in my country," he told a forum...

chinaflag-aug14_18oct19.jpg China economy expanded at the slowest pace in nearly three decades in the third quarter amid subdued investment, industrial production and domestic demand, data from the National Bureau of Statistics showed Friday. Gross domestic product expanded 6 percent year-on-year in the third quarter after rising 6.2 percent in the second quarter. This was the slowest growth since 1992 and below the expected rate of 6.1 percent.

japanflag-oct18.jpg Japan's inflation eased to the lowest level in more than two years in September, raising pressure on the central bank to ease policy further, data showed Friday. Excluding fresh food, inflation eased to 0.3 percent in September from 0.5 percent a month ago, the statistics bureau revealed. This was the lowest since April 2017 and in line with expectations.

China's economy expanded at a slower pace in the third quarter, data from the National Bureau of Statistics showed Friday. Gross domestic product expanded 6 percent year-on-year in the third quarter after rising 6.2 percent in the second quarter. This was the slowest growth since early 1990s. Growth...

China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are Q3 numbers for gross domestic product and September figures for industrial production, retail sale, fixed asset investment and unemployment. GDP is expected to rise 1.5 percent...

Sweden jobless rate remained stable in September, figures from Statistics Sweden said Thursday, while adding that it has identified some flaws in its calculations. The unemployment rate rose 7.1 percent in September, the same rate as seen in August. Economists had expected the rate to ease 6.7 percent....

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