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Economy And The Numbers

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The Philippines' industrial production index increased in October and the unemployment rate declined, data from the Philippine Statistics Authority showed on Wednesday. The production index value for manufacturing increased 12.7 percent yearly in October, following a revised 12.0 percent rise in September. Manufacture...

Italy's retail sales decreased in October after rebounding in the previous month, as sales of both food and non-food goods dropped as households tighten spending amid high inflation. The value of retail sales fell 0.4 percent month-on-month in October, reversing a 0.5 percent rise in September,...

germanyfactoryorders sept06 07dec22 Germany industrial production dropped only slightly in October despite the sharp weakness in energy-intensive sectors, signaling a less severe economic downturn at the end of the year. Industrial production dropped 0.1 percent on a monthly basis in October, slower than the expected fall of 0.6 percent.

Norway's industrial production fell for the second consecutive month in October as a result of major declines in output from mining and quarrying, and extraction and related services, data from Statistics Norway showed on Wednesday. Industrial production fell a seasonally adjusted 1.2 percent month-over-month...

Switzerland's unemployment rate increased slightly in November, in line with expectations, the State Secretariat for Economic Affairs, or SECO, said on Wednesday. The unadjusted unemployment rate rose to 2.0 percent in November from 1.9 percent in October. In the corresponding month last year,...

Consumer price inflation in Thailand eased for the third month in a row in November amid a decrease in food prices as supplies increased, figures from the Ministry of Commerce revealed on Wednesday. The consumer price index climbed 5.55 percent year-over-year in November, following a 5.98 percent...

ukhouse nov01 07dec22 UK housing market continued to slow in November as house prices decreased for a third month in a row and at the steepest rate in over 14 years, suggesting increased market volatility as households reel under the pressures of a cost of living crisis and an economic recession.

chinatrade oct12 07dec22 China's exports and imports fell more than expected in November as strict Covid restrictions continued to disrupt supply chains as well as consumption, further darkening the growth outlook for the biggest Asian economy amid signs of an imminent global recession. Chinese shipments registered an annual decrease of 8.7 percent in November, data from the General Administration of Customs revealed.

Japan's leading index improved more than expected at the start of the fourth quarter of the year from a twenty-month low in September, signaling a modest improvement in the economy, preliminary figures of a survey by the Cabinet Office showed on Wednesday. The leading index, which measures future...

preview sept20 07dec22 Industrial production from Germany and revised quarterly national accounts from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for October. Economists forecast output to fall 0.6 percent on month, offsetting the 0.6 percent increase in September.

India's central bank raised its benchmark interest rates for the fifth consecutive meeting on Wednesday. The Monetary Policy Committee voted 5-1 to hike its key interest rate, the repo, by 35 basis points to 6.25 percent from 5.90 percent, with immediate effect, Governor Shaktikanta Das said. The...

The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in Australia, the Australian Bureau of Statistics said on Wednesday - coming in at 15,382. That was in line with expectations following the 8.1 percent decline in September. On a yearly...

Australia's gross domestic product expanded 5.9 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 6.2 percent and up from 3.6 percent in the three months prior. On a seasonally adjusted quarterly...

Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.7 percent on quarter and 6.2 percent on year after gaining 0.9 percent on quarter and 3.6 percent on year in the previous quarter. Australia...

rbi aug07 06dec22 The Reserve Bank of India is set to deliver a less aggressive rate hike and switch to a 'neutral' policy stance as the central bank weigh the effect of an apparent easing in inflationary pressures on an economy struggling to gain momentum.

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