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Economy And The Numbers

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eccles-building-110818_20nov19.jpg Minutes from the Federal Reserve's monetary policy meeting held in late October were released on Wednesday but did not provide much further insight into the outlook for interest rates. Interest rates are already widely expected to remain unchanged in the near future after the Fed's statement and congressional testimony by Fed Chairman Jerome Powell.

Isabel Schnabel, Germany's nominee to the European Central Bank's Executive Board, urged fellow German economists to tone down their criticism of the central bank's policies. "Dear fellow German economists, if you are wondering what you can do for Europe: Please help to dispel the harmful & wrong...

Eurozone's economy is growing more slowly than expected, but is unlikely to enter a recession, European Central Bank Executive Board member Philip Lane said in an interview to the La Repubblica newspaper. The 19-nation economy is likely to recover in the next year or two, the policymakers said in...

Greece's current account surplus in September grew from a year ago, helped by an improvement in the services balance and the merchandise trade balance and primary account, the Bank of Greece said Wednesday. The current account surplus grew to EUR 886.6 million from EUR 548.1 million in the same month...

The euro area financial stability environment remains challenging and non-banks have increased their exposure to riskier assets to address profitability challenges, the European Central Bank said in its Financial Stability Review released Wednesday. The bank noted that investment funds and insurers...

Singapore wholesale trade rose in the third quarter, figures from the Department of Statistics showed on Wednesday. At current prices, domestic wholesale sales grew a seasonally adjusted 2.1 percent quarter-on-quarter, after a 1.6 percent fall in the previous quarter. Excluding petroleum, domestic...

Sweden's capacity utilization rose further in the third quarter, figures from Statistics Sweden said on Wednesday. The seasonally adjusted capacity utilization rose to 91.4 percent in the third quarter from 90.9 percent in the previous quarter. In the same quarter last year, capacity utilization...

Taiwan's export orders fell at a less-than-expected rate in October, figures from the Ministry of Economic Affairs showed on Wednesday. Export orders declined 3.5 percent year-on-year in October. Economists had expected a 3.8 percent fall. Orders for chemicals dropped 24.2 percent annually in...

Taiwan current account surplus increased in the third quarter, figures from the central bank revealed on Wednesday. The current account surplus increased to US$12.48 billion in the third quarter from US$10.90 billion in the same quarter last year. In the second quarter, the current account surplus...

China current account deficit is likely to move into structural deficit over the next decade, posing risks to financial stability and credit quality, Moody's Investors Service said Wednesday. In a new report released today, Moody's said the credit implications will depend on the size of the deficit...

South Africa's consumer price inflation eased for a second straight month to the lowest in more than eight-and-a-half years in October, data from Statistics South Africa showed on Wednesday. The consumer price index rose 3.7 percent in October, after a 4.1 percent increase in September. Economists...

Germany producer prices declined for the second straight month in October largely driven by energy prices, data from Destatis showed Wednesday. Producer prices fell by 0.6 percent year-on-year in October, bigger than the 0.1 percent drop in September. This was the second straight decrease. Economists...

Estonia's producer prices decline in October, data from Statistics Estonia showed on Wednesday. The producer price index declined 1.7 percent year-on-year in October, following a 1.0 percent fall in September. Prices of mining and quarrying industry grew 2.8 percent annually in October and prices...

Malaysia's consumer prices logged steady growth in October, figures from the Department of Statistics showed on Wednesday. The consumer price index rose 1.1 percent year-on-year in October, the same rate of increase as seen in September. Economists had expected 1.0 percent rise. Among main groups,...

South Korea's producer prices decreased further in October, data published by Bank of Korea revealed on Wednesday. Producer prices declined 0.6 percent year-on-year in October, following a 0.8 percent fall in September. The latest annual decline was driven by a 3.0 percent drop in agricultural...

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