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Economy And The Numbers

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The Czech central bank raised its key interest rate on Thursday for a second policy session in a row. The Bank Board decided to raise the the two-week repo rate by 25 basis points to 0.75 percent, the Czech National Bank said in a statement. That was in line with economists' expectations. The...

bankofengland 05aug21 The Bank of England hinted at "modest tightening" in a three-year horizon as policymakers expect inflation to temporarily reach 4 percent. The bank kept its key interest rate and quantitative easing unchanged on Thursday. The central bank cautioned that the economy is set to undergo a "more pronounced" period of above-target inflation in the near-term than previously projected, before returning c

trade deficit 080521 The U.S. trade deficit widened by more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said the trade deficit widened to a new record high of $75.7 billion in June from a revised $71.0 billion in May.

jobless claims5 080521 With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 31st. The report said initial jobless claims slipped to 385,000, a decrease of 14,000 from the previous week's revised level of 399,000.

The U.S. trade deficit widened by more than expected in the month of June, according to a report released by the Commerce Department on Thursday.

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 31st.

The Bank of England retained its interest rate and quantitative easing unchanged and raised its inflation outlook citing higher energy prices. The Monetary Policy Committee unanimously decided to leave the key interest rate unchanged at 0.10 percent. The central bank retained the existing stock...

Ireland's service sector grew at the fastest pace since August 2000, survey data from IHS Markit showed on Monday. The AIB Ireland services Purchasing Managers' Index rose to 66.6 in July from 63.1 in June. The latest reading rose for the fifth straight month and was the third highest since the...

Ireland's jobless rate increased in July, figures from the Central Statistics Office showed on Thursday. The seasonally adjusted jobless rate rose to 7.4 percent in July from 6.8 percent in June. In the same month last year, the unemployment rate was 6.7 percent. The Covid-19 crisis has continued...

Cyprus consumer prices rose for the fourth month in a row in July, data from the Statistical Service showed on Thursday. The consumer price index rose 4.04 percent year-on-year in July, following a 3.14 percent increase in June. Transport prices grew 10.12 percent annually in July. Prices for housing,...

multibrandwarehouse jun06 05aug21 Germany factory orders grew at the fastest pace in nearly a year in June underpinned by strong domestic demand, data from Destatis revealed on Thursday. Factory orders advanced 4.1 percent month-on-month in June, reversing a revised 3.2 percent fall in May. This was the biggest growth since August, when orders were up 4.5 percent. Orders were forecast to climb 1.9 percent.

The recovery in UK construction output lost momentum in July with slower growth seen in all three main categories of work, survey results from IHS Markit showed on Thursday. The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell to 58.7 in July from June's 24-year...

Taiwan's consumer price inflation increased in July, data released by the Directorate General of Budget, Accounting & Statistics revealed on Thursday. Consumer prices rose 1.95 percent year-on-year in July, following 1.87 percent increase in June. Economists had forecast a 1.81 percent increase. The...

The Czech retail sales increased at a softer pace in June, data from the Czech Statistical Office showed on Thursday. Retail sales accelerated by a working-day 7.1 percent year-on-year in June, after a 7.3 percent growth in May. On an unadjusted basis, retail sales gained 7.2 percent annually in...

Norway's unemployment rate increased in the second quarter, the labor force survey data from Statistics Norway showed on Thursday. The jobless rate rose to 5.1 percent in the second quarter from 5.0 percent in the first quarter. The rate was the highest since third quarter last year when it was...

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