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Economy And The Numbers

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newzealandcpi-071510.jpg New Zealand's gross domestic product was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized yearly...

New Zealand's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized...

Australia will on Thursday release August figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is predicted to hold steady at 5.2 percent, with an increase of 15,000 jobs following the gain of 41,100 jobs in July. Japan also will see July results...

eccles-building-110818_18sep19.jpg After lowering interest rates for the first time in over a decade in late July, the Federal Reserve announced another interest rate cut following a two-day monetary policy meeting that ended on Wednesday. The Fed revealed its widely expected decision to cut rates by another 25 basis points, lowering the target range for the federal funds rate to 1-3/4 to 2 percent.

Denmark's economic growth is set to ease in the coming two years due to the impact from a slowing global economy, the country's central bank said Wednesday. The economic growth forecast for 2020 was slashed to 1.5 percent from 1.7 percent predicted in March, the Danmarks Nationalbank said in a report. The...

homebuilding-091819.jpg New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday. The report said housing starts soared by 12.3 percent to an annual rate of 1.364 million in August after slumping by 1.5 percent to a revised rate of 1.215 million in July.

New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday.

bankofengland-3-fx_18sep19.jpg The Bank of England is set to hold its key interest rate steady on Thursday, at the final policy session ahead of the Brexit scheduled on October 31. Policymakers are likely to retain the interest rate at 0.75 percent and quantitative easing at GBP 435 billion. The announcement is due at 7.00 am ET.

Portugal producer prices fell for the third straight month in a row in August, figures from Statistics Portugal showed on Wednesday. The producer price index fell 1.1 percent year-on-year in August, following a 0.4 percent decrease in July. In June, prices fell 0.1 percent. Excluding energy,...

Italy's trade surplus rose in July, as exports and imports increased, data from the statistical office Istat showed on Wednesday. The trade surplus rose to EUR 7.63 billion in July from EUR 5.65 billion in the same period last year. In June, surplus was EUR 5.70 billion. Exports grew 6.2 percent...

South Africa's consumer price inflation rose in August after slowing in the previous month, and retail sales grew at a slower pace in July, data from Statistics South Africa showed on Wednesday. The consumer price index rose 4.3 percent year-on-year in August, after a 4.0 percent increase in July....

Austria's consumer price inflation rose marginally in August, figures from Statistics Austria showed on Wednesday. The consumer price index rose 1.5 percent year-on-year in August, following a 1.4 percent increase in July. Restaurants and hotel prices grew by 3.1 percent annually in August and...

Eurozone construction output declined in July after rising in the previous month, data from Eurostat showed on Wednesday. Construction output fell 0.7 percent month-on-month in July, reversing a 0.6 percent rise in June. In May, output fell 0.5 percent. Civil engineering and building construction...

eurozoneflag-aug23_18sep19.jpg Eurozone inflation was stable in August at its lowest level in nearly three years, latest data from the Eurostat showed on Wednesday, confirming the preliminary estimates released on August 30. Headline inflation was 1 percent in August, the same as in July. The rate was the lowest since November 2016.

Poland's average gross wages increased in August as expected, data from Statistics Poland showed on Wednesday. Average gross wages and salaries grew 6.8 percent year-on-year in August, in line with expectations. On a monthly basis, average gross wages dropped 1.1 percent. At the same time, average...

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