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Economy And The Numbers

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imf-040919_23oct19.jpg The International Monetary Fund downgraded Asia's growth outlook citing prolonged global policy uncertainty and slowing growth in China and India, and highlighted rising downside risks to growth. According to the latest economic assessment for Asia and the Pacific, released Wednesday, Asia will grow only 5 percent this year instead of 5.4 percent projected earlier due to weak trade and investment.

The International Monetary Fund downgraded Asia's growth outlook citing prolonged global policy uncertainty and slowing growth in China and India. According to the latest economic assessment for Asia and the Pacific, released Wednesday, the region will grow only 5 percent this year instead of 5.4...

preview-oct23.jpg Manufacturing sentiment from France is due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, the French statistical office Insee is slated to issue monthly manufacturing sentiment data. Economists forecast the confidence index to remain unchanged at 102 in October.

New Zealand posted a merchandise trade deficit of NZ$1.242 billion in September, Statistics New Zealand said on Wednesday. That exceeded expectations for a shortfall of NZ$1.375 billion following the NZ$1.565 billion deficit in August. Exports were up 5.1 percent on year to NZ$4.47 billion, beating...

New Zealand will on Wednesday release September figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. Imports are expected to be worth NZ$5.70 billion, up from NZ$5.69 billion in August. Exports are pegged at NZ$4.30 billion, up from NZ$4.13 billion...

Hungary's central bank kept its benchmark interest rates unchanged, as expected, on Tuesday, citing asymmetric risks to inflation. The Monetary Council of the Magyar Nemzeti Bank decided to hold the base rate unchanged at 0.90 percent. The previous change in the rate was a 15 basis points reduction...

existing-home-sales-221019.jpg After reporting an unexpected jump in existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of September.

ecb-102418_22oct19.jpg Euro area banks slightly eased the credit standards for loans to enterprises and those to households for house purchase in the third quarter, data from the third quarter euro area bank lending survey from the European Central Bank showed on Tuesday. Banks had expected them to remain broadly unchanged in the previous survey.

hongkong-sept06_22oct19.jpg Hong Kong Financial Secretary Paul Chan on Tuesday announced a new round of measures to support the economy hit by domestic anti-government protests. Chan's new package worth HK$2 billion is intended to support enterprises and safeguard jobs, particularly in hard-hit sectors. This was in addition to the HK$19.1 billion stimulus unveiled in August and early September.

ukpublicfinance-sept21_22oct19.jpg The UK budget deficit widened in the first half of the fiscal year raising the possibility of the government overshooting the target in 2019-20, after a decade-long austerity. During the April to September period, the budget deficit climbed 21.6 percent on a yearly basis to GBP 40.3 billion, data from the Office for National Statistics showed Tuesday.

Ireland wholesale prices declined at a slower rate in September, data from the Central Statistics Office showed on Tuesday. The wholesale price index fell 1.7 percent year-on-year in September, following a 4.4 percent decline in August. Prices decreased for the nineteenth straight month. On a...

South Africa's leading index fell marginally in August after rising in the previous month, survey data from the South African Reserve Bank showed on Tuesday. The leading indicator fell to 103.8 in August from 103.9 in July. In June, the score was 103.2. Over the past 12 months, the index fell...

Taiwan's jobless rate rose for a second month in a row to its highest in three months in September, and at a faster-than-expected rate, the Directorate General of Budget Accounting & Statistics, or DGBAS, said on Tuesday. The unemployment rate rose to a seasonally adjusted 3.74 percent in September...

Hong Kong's consumer price inflation eased to the lowest level in four months in September, data from the Census and Statistics Department showed on Tuesday. The consumer price index rose 3.2 percent year-on-year in September, slower than 3.5 percent increase in August. The latest inflation rate...

UK manufacturing output continued its downturn in three months to October reflecting sharp decline in the auto sector, survey results from the Confederation of British Industry showed on Tuesday. According to the Industrial Trends survey, the balance of output volume decreased to -10 percent from...

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