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Economy And The Numbers

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Germany's economy is set to remain sluggish in the first quarter of 2020, hurt by weak demand for exports and the supply disruptions caused by the Covid-19 outbreak in China, Bundesbank said in its latest monthly report, released on Monday. A pick up in the growth momentum in the biggest euro area...

peoplesbankofchina-020317_17feb20.jpg China's central bank cut the interest rate on medium Term loans on Monday to lessen the impact of the novel coronavirus, or Covid-19, outbreak on the economy. The People's Bank of China reduced the medium term lending facility, or MLF, by 10 basis points to 3.15 percent. On Monday, the bank offered...

ukunemployment-dec17_17feb20.jpg UK households' perception of financial well-being remained negative in February, but was the highest recorded in eleven years as the pessimism on job security and the living cost inflation eased, survey data from IHS Markit showed on Monday. The household finance index rose to 47.6 in February from...

Norway's trade surplus decreased in January amid a fall in exports and imports, data from Statistics Norway showed on Monday. The trade surplus fell to NOK 21.177 billion in January from NOK 26.162 billion in the same month last year. In December, the trade surplus was NOK 25.57 billion. Exports...

singaporegdp-aug13_17feb20.jpg Singapore's economic growth rose more than initially estimated in the fourth quarter, but the government downgraded the growth outlook as the China coronavirus outbreak is expected to severely hurt the domestic economy.

Singapore's non-oil domestic exports decreased at a less-than-expected rate in January, data from Enterprise Singapore showed on Monday. Non-oil domestic exports dropped 3.3 percent year-on-year in January, after a 2.4 percent rise in December. Economists had expected a 5.5 percent decline. Electronic...

Japan industrial production rose at a softer pace in December, than in the initial estimate, final data from the Ministry of Economy, Trade and Industry showed on Monday. Industrial production rose a seasonally adjusted 1.2 percent month-on-month in December. In the initial estimate production increased...

japanexports-112510.jpg Japan's gross domestic product was down an annualized 6.3 percent in the fourth quarter of 2019, the Cabinet Office said in Monday's preliminary report. That was well shy of expectations for a decline 3.8 percent following the 0.5 percent increase in the three months prior. On a seasonally adjusted...

Japan's gross domestic product contracted by an annualized 6.3 percent in the fourth quarter of 2019, the Cabinet Office said in Monday's preliminary report. That was well shy of expectations for a decline 3.8 percent following the 0.5 percent increase in the three months prior. On a seasonally...

The services sector in New Zealand continued to expand in January, and at a sharply higher rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 57.1. That's up from the upwardly revised 52.1 in December (originally 51.9) and it moves further above...

Japan will on Monday release preliminary Q4 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to have fallen a seasonally adjusted 1.0 percent on quarter and 3.8 percent on year after rising 0.4 percent on quarter and 1.8 percent on year...

The Czech Republic's economic growth slowed sharply in the fourth quarter of 2019 to its lowest in nearly six years, preliminary figures from the Czech Statistical Office showed on Friday. Gross domestic product grew a seasonally adjusted 1.7 percent year-on-year after a 2.5 percent expansion in the...

business-inventories2-021420.jpg Business inventories in the U.S. edged higher in the month of December, according to a report released by the Commerce Department on Friday. The report said business inventories inched up by 0.1 percent in December after slipping by 0.2 percent in November. The uptick in inventories matched economist estimates.

Slovakia's economy grew at a faster pace in the fourth quarter of 2019, preliminary data from the Statistical Office of the Slovak Republic showed on Friday. Gross domestic product grew a seasonally adjusted 0.6 percent from the third quarter, when it rose 0.4 percent. The economy grew 0.6 percent...

consumer-shopping2-080219_14feb20.jpg Reflecting an improvement in expectations, the University of Michigan released a report on Friday showing an unexpected increase in U.S. consumer sentiment in the month of February. Preliminary data showed the consumer sentiment index rose to 100.9 percent in February from the final January reading of 99.8. The uptick surprised economists, who had expected the index to edge down to 99.5.

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