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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.

The South African economy grew more-than-expected in the third quarter, after contracting in the previous three months primarily due to devastating floods in KwaZulu-Natal and load shedding, data from Statistics South Africa showed on Tuesday. In real terms, gross domestic product advanced 1.6 percent...

trade deficit 120622 Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened in the month of October.

The Slovakian economy advanced more than initially estimated in the three months ended September, underpinned by consumer, investment, and foreign demand, the latest figures from the Statistical Office of the Slovak Republic showed on Tuesday. Gross domestic product grew an unadjusted 1.4 percent...

Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened in the month of October.

Germany's construction sector deteriorated at the steepest pace in nearly two years in November, primarily due to a sharp fall in housing activity, survey results from S&P Global showed on Tuesday. The construction Purchasing Managers' Index dropped to 41.5 in November from 43.8 in October. Any reading...

ukconstruction sep04 06dec22 The UK construction sector expanded for the third consecutive month in November, but there was a renewed slowdown in growth amid subdued demand and reduced risk appetite among clients, while rising interest rates and worries over the economic outlook hurt confidence, adding to signs that the economy is in recession. At 50.4, the construction Purchasing Managers' Index was down from 53.2 in October

The Czech Republic's retail sales continued to decline in October, data from the Czech Statistical Office showed on Tuesday. Retail sales, except motor vehicles and motorcycles, fell a calendar-adjusted 9.4 percent year-on-year in October, following a 5.3 percent decrease in September. "A year-on-year...

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