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Economy And The Numbers

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The services sector in China continued to expand in July, albeit at a slower pace, the latest survey from Caixin revealed on Wednesday with a PMI score of 54.1. That's down from the 10-year high of 58.4 in June, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Mild...

The total value of owner-occupied home loans in Australia was up a seasonally adjusted 5.5 percent on month in June, the Australian Bureau of Statistics said on Wednesday - coming in at A$12.99 billion. That follows the 10.2 percent decline in May. Investment lending was up 8.1 percent to A$4.44...

Consumer prices in the Philippines were up 2.7 percent on year in July, the National Statistics Office said on Wednesday - exceeding expectations for 2.5 percent, which would have been unchanged from May's reading. Core CPI, which excludes volatile food prices, advanced an annual 3.3 percent - up...

The services sector in Japan continued to contract in July, albeit at a slower pace, the latest survey from Jibun Bank showed on Wednesday with a PMI score of 45.4. That's up from 45.0 in June, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. July...

The private sector in Hong Kong continued to contract in July, and at a faster pace, the latest survey from Markit Economics showed on Wednesday with a PMI score of 44.5. That's down from 49.6, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction. Individually,...

The private sector in Singapore continued to contract in July, albeit at a slower pace, the latest survey from Markit Economics showed on Wednesday with a five-month high PMI score of 45.6. That's up from 43.2, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Individually,...

newzealandcpi 071510 The jobless rate in New Zealand came in at a seasonally adjusted 4.0 percent in the second quarter of 2020, Statistics New Zealand said on Wednesday. That was down from 4.2 percent in the three months prior and well shy of expectations for 5.8 percent. The employment change showed a loss of 0.4...

The construction sector in Australia continued to contract in July, albeit at a slower pace, the latest survey from the Australian Industry Group showed on Wednesday with a Performance of Construction Index score of 42.7. That's up from 35.5, although it remains beneath the boom-or-bust line of 50...

The unemployment rate in New Zealand came in at a seasonally adjusted 4.0 percent in the second quarter of 2020, Statistics New Zealand said on Wednesday. That was down from 4.2 percent in the three months prior and well shy of expectations for 5.8 percent. The employment change showed a loss of...

New Zealand will on Tuesday release Q2 figures for unemployment, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to climb to 5.8 percent from 4.2 percent in the previous three months, while the participation rate is tipped to sink to 69.8 percent from 70.4 percent. Hong...

us factory orders 080420 A report released by the Commerce Department on Tuesday showed another substantial increase in new orders for U.S. manufactured goods in the month of June. The Commerce Department said factory orders soared by 6.2 percent in June after skyrocketing by a revised 7.7 percent in May.

Ireland's manufacturing sector expanded robustly in July as lockdown restrictions to battle the coronavirus pandemic continued to ease, survey data from IHS Markit showed on Tuesday. The seasonally adjusted AIB factory Purchasing Managers' Index, or PMI, rose to 57.3 in July from 51.0 in June. This...

Turkey's manufacturing sector expanded in July at the fastest rate since February 2011, due to the recovery from the disruption caused by the Covid-19 pandemic, survey data from IHS Markit showed on Tuesday. The Istanbul Chamber of Industry Turkey manufacturing Purchasing Managers' Index, or PMI,...

Hungary's producer prices grew at a faster pace in June after easing in the previous month, figures from the Hungarian Central Statistical Office showed on Tuesday. The producer price index rose 3.1 percent year-on-year in June, after a 1.7 percent increase May. In April, prices rose 3.7 percent. The...

Euro area industrial producer prices increased for the first time in five months in June and at a faster than expected pace, even though economic activity remained damped by the Covid-19 containment measures in most of the countries in the EU, preliminary data from Eurostat showed on Tuesday. The...

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