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Economy And The Numbers

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Latvia's industrial production declined for the second successive month in August due to a contraction in manufacturing output, data from the Central Statistical Bureau showed on Tuesday. Industrial production dropped a calendar adjusted 0.3 percent year-on-year in August, well below the 2.9 percent...

Eurozone producer price inflation accelerated more-than-expected to a fresh record high in August amid soaring energy prices, data released by Eurostat showed on Tuesday. Producer prices climbed 43.3 percent year-on-year in August, faster than the revised 38.0 percent rise in July. That was just above...

Spain's unemployment registered a moderate increase in September, but the total number of unemployed reached the lowest for the month of September since 2008, the labour ministry said Tuesday. The number of people out of work increased 0.6 percent, or 17,679 in September from August. The number...

Romania's producer price inflation accelerated for the third straight month in August, data from the National Institute of Statistics showed on Tuesday. Producer prices surged 53.0 percent year-on-year in August, following a 52.3 percent increase in July. Prices have been rising since December 2020. Prices...

Egypt's non-oil private sector activity contracted further in September amid inflationary pressures, energy rationing, import restrictions, and weak demand, survey data from S&P Global showed on Tuesday. The Purchasing Managers' Index, or PMI, stood at 47.6 in September, unchanged from August. However,...

rba 030618 04oct22 Australia's central bank raised its benchmark rate by a smaller-than-expected quarter point on Tuesday, after lifting rates by 50 basis points in each of the last four meetings. The policy board of the RBA, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 2.60 percent from 2.35 percent. This was the highest rate since July 2013.

Saudi Arabia's non-oil private sector logged a further strong expansion in September, though the rate of growth eased slightly from August, survey results from S&P Global showed on Tuesday. The Purchasing Managers' Index dropped to 56.6 in September from 57.7 in August. However, a reading above 50...

preview2 sept20 04oct22 Unemployment data from Spain and producer prices from the euro area are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the National Institute of Statistics is scheduled to issue Romania's producer prices for August.

Australia's central bank raised its benchmark rate by a quarter-point to bring inflation back to the target range. The policy board of the RBA, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 2.60 percent from 2.35 percent. This was the highest rate since...

The manufacturing sector in South Korea continued to contract in September, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 47.3. That's down from 47.6 in August, and it moves further beneath the boom-or-bust line of 50 that separates expansion...

The total value of owner-occupied home loans in Australia was down a seasonally adjusted 2.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday, coming in at A$18.54 billion. That exceeded expectations for a contraction of 3.5 percent following the 7.0 percent drop in...

The total number of building permits issued in Australia jumped a seasonally adjusted 28.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at 17,497. That blew away expectations for an increase of 5.0 percent following the 17.2 percent decline in July. On...

Overall consumer prices in the Tokyo region of Japan were up 2.8 percent on year in September, the Ministry of Communications and Internal Affairs said on Tuesday. That was in line with expectations and down from 2.9 percent in August. Core consumer prices accelerated 2.9 percent on year, exceeding...

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 50 basis points, from 2.35 percent to 2.85 percent. Australia...

Hungary's trade deficit increased more than initially estimated in July, data from the Hungarian Central Statistical Office showed on Monday. The trade deficit was EUR 1.298 billion in July versus EUR 1.150 billion in the initial estimate. In the same month last year, the trade deficit was EUR 175...

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