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Economy And The Numbers

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Euro area banks unexpectedly tightened the conditions business firms should meet to get loans during the second quarter, due to an uncertain economic outlook, results of a quarterly survey by the European Central Bank showed on Tuesday. By contrast, banks had expected credit standards to ease in...

Poland's unemployment rate dropped for the fourth straight month in June, data from Statistics Poland showed on Tuesday. The unemployment rate fell to 5.3 percent in June from 5.4 percent in May. This was the fourth consecutive decrease in the rate. In the same period last year, the jobless rate...

Lithuania's industrial output fell in June driven by declines in output in all sub sectors, data from the Department of Statistics showed on Tuesday. Industrial output decreased 1.8 percent month-on-month in June. Mining and quarrying output declined the most, by 18.3 percent in June. Output...

Taiwan's industrial output declined at a slower rate in June, data from the Ministry of Economic Affairs showed on Tuesday. Industrial output fell 0.39 percent year-on-year in June, following a 2.58 percent decline in May. Economists had expected a 0.2 percent fall. Among sectors, manufacturing...

Turkey's consumer confidence eased in July after rising in the previous month, figures from the Turkish Statistical Institute showed on Tuesday. The consumer confidence index fell to 56.5 in July from 57.6 in June. The index reflecting financial expectations of households for the next 12 months...

Denmark's consumer confidence fell in July, survey data from Statistics Denmark showed on Tuesday. The consumer confidence index fell to 2.9 in July from 5.8 in June. The index measuring consumer's view regarding the future personal financial situation deceased to 9.2 in July from 14.6 in June....

Finland's jobless rate fell in June after rising in the previous month, data from Statistics Finland showed on Tuesday. The jobless rate for the 15 to 74 age group fell to 6.2 percent in June from 8.8 percent in May. In April, the unemployment rate was 8.0 percent. The number of unemployed persons...

Singapore's inflation slowed in June, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Tuesday. The consumer price index rose 0.6 percent year-on-year in June, slower than the 0.9 percent increase in May. Economists had expected a 0.8 percent rise. The...

bankofjapan-july23.jpg The Bank of Japan is carefully monitoring heightened uncertainties regarding the global economy as some nervousness has been seen in global financial markets, Governor Haruhiko Kuroda said Tuesday. "We will carefully examine various risk factors, in addition to developments in economic activity and prices as well as financial conditions, and weigh the benefits and costs of the policy effects."

Japan is scheduled to release June figures for market sales in Tuesday, highlighting a light day for Asia-Pacific economic activity. In May, supermarket sales were down 0.7 percent on year, while nationwide department store sales fell an annual 0.8 percent and Tokyo area department store sales were...

germanyindustrialproduction-oct08_22jul19.jpg Germany's finance ministry warned on Monday that the weakness in the industrial sector and exports is set to last longer, mainly due to global risks such as the trade tensions. "Leading indicators and falling orders indicate a persistently weakened industrial economy," the ministry said in its latest monthly report.

ukgdp-oct10_22jul19.jpg The UK economy may have already entered a recession and the outlook beyond October is very murky with the possibility of a severe downturn in the event of a disorderly no-deal Brexit, the National Institute of Economic and Social Research, or NIESR, said in a report on Monday. The think tank said there is one-in-four chance that the economy has already entered a technical recession.

Ireland's wholesale prices fell at the fastest pace in three months in June, data from the Central Statistics Office showed on Monday. The wholesale price index declined 6.8 percent in June, following a 6.3 percent fall in May. This was the biggest fall since March, when prices were down 6.8 percent....

Switzerland's broad money supply grew the most since January 2018, data from the Swiss National Bank showed Monday. The broad money supply, M2, expanded 3.7 percent year-on-year in June, faster than the 3.4 percent increase seen in May. This was the fastest expansion since January 2018, when M3 climbed...

Iceland's consumer price inflation slowed to the lowest level in four months in July, figures from Statistics Iceland showed on Monday. The consumer price index climbed 3.1 percent year-on-year in July, following a 3.3 percent rise in June. The latest inflation was the slowest since March, when...

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