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Economy And The Numbers

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Russia's central bank hiked the key interest rate further, citing substantially high inflation and significant upside risks to the outlook, and signaled more hikes if price pressures remain high in future. The Board of Directors decided to raise the key interest rate by 75 basis points to 7.50 percent,...

ukpmi aug03 22oct21 The UK private sector growth accelerated unexpectedly in October as the easing of pandemic related restriction boosted business and consumer spending amid cost inflation reaching a record high on shortages of staff and materials, a private survey revealed Friday. The composite output index rose to 56.8, a three-month high, from 54.9 in the previous month.

Ireland's wholesale prices declined further in September, data from the Central Statistics Office showed on Friday. Wholesale prices decreased 1.9 percent annually in September, following a 1.4 percent decline in August. On a monthly basis, wholesale prices remained unchanged in September, after...

Hong Kong's consumer price inflation eased in September, data from the Census and Statistics Department showed on Thursday. The composite consumer price index rose 1.4 percent year-on-year in September, after a 1.6 percent increase in August. Economists had expected 3.0 percent rise. Excluding...

Taiwan's unemployment rate decreased in September, data from the Directorate General of Budget, Accounting and Statistics showed on Friday. The unemployment rate fell to a seasonally adjusted 3.92 percent in September from 4.08 percent in August. On an unadjusted basis, the jobless rate declined...

eurozone 112819 22oct21 Eurozone private sector growth eased sharply to a six-month low in October amid rising supply bottlenecks and COVID-19 concerns, flash survey results from IHS Markit showed on Friday. The composite output index dropped to 54.3 in October from 56.2 in September. The reading was expected to fall to 55.2.

Germany's private sector growth weakened to an eight-month low in October, flash survey results from IHS Markit showed on Friday. The headline composite output index fell more-than-expected to 52.0 in October from 55.5 in the previous month. The expected level was 54.0. The index has fallen in...

Lithuania's industrial production increased in September, figures from Statistics Lithuania showed on Friday. Industrial production rose a working-day adjusted 19.6 percent year-on-year in September. Manufacturing output grew 20.2 percent annually in September. Excluding refined petroleum, manufacturing...

Norway's industrial confidence weakened in the third quarter, data from Statistics Norway showed on Friday. The industrial confidence index fell to 8.8 in the third quarter from 11.0 in the second quarter. The sub-index for the total volume of production increased to 55.3 in the third quarter from...

France's private sector grew at the slowest pace in six months in October, flash survey results from IHS Markit showed on Friday. The composite output index fell to 54.7 in October, as economists' expected, from 55.3 in September. A reading above 50.0 indicates expansion in the sector. The growth...

UK retail sales declined unexpectedly in September, data published by the Office for National Statistics showed on Friday. The retail sales volume including auto fuel decreased 0.2 percent month-on-month in September, after easing by revised 0.6 percent in August. Sales were forecast to grow 0.5...

UK consumer confidence weakened for the third straight month in October, survey results from the market research group GfK showed on Friday. The consumer confidence index fell to -17 in October from -13 in September. The expected reading was -16. All the sub-indices of confidence index declined...

Malaysia's consumer prices inflation rose in September, data from the Department of Statistics showed on Friday. Consumer price inflation rose to 2.2 percent in September from 2.0 percent in August. Economists had expected the inflation rise 2.1 percent. The annual growth was largely driven by...

previewimage aug03 22oct21 Flash Purchasing Managers' survey results and retail sales from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for September. Sales are forecast to grow 0.5 percent on month, in contrast to the 0.9 percent decrease in August.

The manufacturing sector in Japan continued to expand in October, and at a faster pace, the latest survey from Jibun Bank showed on Friday with a manufacturing PMI score of 53.0. That's up from 51.5 in September, and it moves further above the boom-or-bust line of 50 that separates expansion from...

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