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Economy And The Numbers

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durable goods 092520 After reporting sharp increases in new orders for U.S. manufactured durable goods over the past few months, the Commerce Department released a report on Friday showing durable goods orders climbed much less than expected in the month of August. The Commerce Department said durable goods orders rose by 0.4 percent in August after soaring by an upwardly revised 11.7 percent in July.

Spain's industrial producer price decline slowed for a third straight month in August, preliminary data from the statistical office INE showed on Friday. The industrial producer price index decreased 3.5 percent year-on-year after a 4.8 percent fall in July. The pace of decline has slowed in every...

Denmark's retail sales extended its declining trend into August, preliminary data from Statistics Denmark showed on Friday. Retail sales decreased 1.1 percent after a 1 percent fall in July. In June, sales grew 1.4 percent. Food and grocery sales were unchanged, after declining in the previous...

After reporting sharp increases in new orders for U.S. manufactured durable goods over the past few months, the Commerce Department released a report on Friday showing durable goods orders climbed much less than expected in the month of August.

S&P Global Ratings affirmed credit ratings of India on Friday despite weakening fiscal settings and a record economic contraction caused by the global coronavirus pandemic. The agency maintained the rating at 'BBB-' citing the economy's above-average long-term real growth, sound external profile...

Italy's consumer confidence strengthened to a seven-month high in September as households' assessment of current and future economic situation improved further, survey results from the statistical office ISTAT showed on Friday. The consumer confidence index rose to 103.4 in September from 101.0 in...

South Korea's consumer confidence weakened in September for the first time in four months, survey data from the Bank of Korea showed on Friday. The composite consumer confidence index fell to 79.4 from 84.2 in August. The index had risen in each month after falling to a low of 7.8 in May. Consumers'...

ukpublicfinancedata july19 25sep20 The UK budget deficit widened to the highest on record in the financial year-to-date period reflecting the impact of the coronavirus pandemic on the public finances, with the furlough schemes alone adding GBP 56.0 billion to borrowing as subsidies paid by the central government. During April to August, public sector net borrowing was estimated to have been GBP 173.7 billion.

Eurozone money supply increased at a slower pace in August and credit to the private sector logged a steady growth, the European Central Bank reported Friday. The broad monetary aggregate M3 expanded 9.5 percent on a yearly basis, slower than the revised 10.1 percent increase seen in July. M3 was...

UK consumer confidence improved in September despite fears of a second wave of coronavirus infections, survey data from the market research group Gfk showed Friday. The consumer confidence index rose unexpectedly to -25 in September from -27 in August. The score was forecast to remain at -27. Among...

Singapore industrial production grew at the fastest pace in five months in August driven by strong expansion in electronics output, data from the Economic Development Board showed Friday. Industrial output grew 13.7 percent on a yearly basis in August, reversing a 7.6 percent fall in July. Economists...

The UK budget deficit widened to the highest on record in August due to lower income and government's coronavirus relief schemes. Public sector net borrowing excluding public sector banks, increased by GBP 30.5 billion from last year to GBP 35.9 billion in August, data from the Office for National...

UK car production declined sharply in August as ongoing coronavirus crisis stalled efforts to ramp up output, data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday. Output decreased 44.6 percent on a yearly basis in August. Just 51,039 units rolled off factory lines as...

preview oct16 25sep20 Public sector finance data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for August. The budget deficit is forecast to widen to GBP 35.05 billion from GBP 25.94 billion in July.

Belgium's business confidence improved for a fifth straight month in September, underpinned by stronger morale in manufacturing and construction, survey data from the National Bank of Belgium showed on Thursday. The business confidence index rose to -10.8 from -12 in August. Confidence strengthened...

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