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Economy And The Numbers

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Professional forecasts raised their inflation and growth projections for the euro area, results of a quarterly survey by the European Central Bank showed Friday. The ECB Survey of Professional Forecasters for the third quarter showed that HICP inflation expectation for this year was raised to 1.9...

ukpmi aug03 23jul21 The UK private sector growth slowed to a four-month low in July as the shortages of staff and materials weighed on recovery, flash survey results from IHS Markit showed on Friday. The Chartered Institute of Procurement & Supply composite output index dropped more-than-expected to 57.7 from 62.2 in June. The reading was seen falling to 61.9.

russia central bank 032318 23jul21 Russia's central bank raised its key interest rate by 100 basis points on Friday, to bring the inflation down to the target. The Board of Directors decided to increase the key rate to 6.50 percent from 5.50 percent. The outcome of the meeting came in line with economists' expectations.

eurozonepmi oct24 23jul21 The euro area private sector expanded at the fastest pace in 21 years in July, as the member countries eased COVID-19 restrictions, flash survey results from IHS Markit showed on Friday. At 60.6, the composite output index hit a 252-month high in July, up from 59.5 in June and economists' forecast of 60.0.

Iceland's consumer price inflation remained stable in July, figures from Statistics Iceland showed on Friday. The consumer price index rose 4.3 percent year-on-year in July, same as seen in June. Excluding housing cost, inflation was 3.4 percent in July. On a monthly basis, consumer prices rose...

Taiwan's industrial production increased in June driven by robust manufacturing activity, data from the Ministry of Economic Affairs showed on Friday. Industrial output grew 18.37 percent year-on-year in June, following a 16.88 percent increase May. The annual growth in manufacturing output advanced...

Poland's jobless rate decreased in June, figures from the statistical office showed on Friday. The unemployment rate fell to 5.9 percent in June from 6.1 percent in May. Economists had expected a rate of 6.0 percent. In the same month last year, the unemployment rate was 6.1 percent. The newly...

Ireland's consumer confidence eased from a two-year high in July, as households were increasingly concerned about the economic outlook, results of a survey showed Friday. The KBC Bank consumer sentiment index fell to 84.7 from 87.2 in June. "The July reading hints at just a minor re-adjustment...

Sweden's producer prices increased to the highest level in nearly three years in June, figures from Statistics Sweden showed on Friday. The producer price index grew 9.6 percent year-on-year in June, following a 7.9 percent rise in April. Prices rose for the fifth month in a row. The latest inflation...

Germany's private sector logged a record growth in July driven by an ongoing rapid recovery in services activity, flash survey results from IHS Markit showed on Friday. The composite output index rose to 62.5 in July from 60.1 in June. The latest score was the highest since January 1998 and above...

France's private sector remained strong in July but the pace of expansion moderated from June, flash survey results from IHS Markit showed on Friday. The flash composite output index dropped unexpectedly to 56.8 from 57.4 in June. The score was forecast to rise to 58.5. Nonetheless, a reading above...

Lithuania's industrial production increased in June, figures from Statistics Lithuania showed on Friday. Industrial production rose a working-day adjusted 20.1 percent year-on-year in June. Manufacturing output grew 21.2 percent annually in June. Excluding refined petroleum, manufacturing increased...

Singapore's consumer prices remained stable in June, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Friday. The consumer price index rose 2.4 percent year-on-year in June, same as seen in May. Economists had expected a 2.5 percent rise. This latest...

Malaysia's consumer prices inflation eased in June, data from the Department of Statistics showed on Friday. Consumer price inflation eased to 3.4 percent in June from 4.4 percent in May. Economists had expected the inflation to rise 3.5 percent. Prices rose for the fifth straight month since February,...

ukretails aug16 23jul21 UK retail sales recovered in June as the start of the Euro 2020 football championship boosted food store sales, data from the Office for National Statistics showed on Friday. Retail sales grew 0.5 percent month-on-month in June, reversing a 1.3 percent fall in May. Sales were forecast to grow 0.4 percent.

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