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Economy And The Numbers

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Portugal's consumer prices inflation rose more than estimated in April, final data from Statistics Portugal showed on Wednesday. The consumer price index rose 0.6 percent year-on-year in April, following a 0.5 percent increase in March. In the initial estimate, inflation was 0.5 percent. The core...

Greece's consumer prices decline further in April, albeit at a softer pace, data from the Hellenic Statistical Authority showed on Wednesday. The consumer price index fell 0.3 percent year-on-year in April, following a 1.6 percent decline in March. Prices for miscellaneous goods and services declined...

French inflation reached a 14-month high in April, but the rate was below the initial estimate, final data from the statistical office Insee showed on Wednesday. Consumer price inflation rose to 1.2 percent in April from 1.1 percent in March. The initial estimate was 1.3 percent. Nonetheless, this...

Sweden's unemployment rate decreased in April, data from the Swedish Public Employment Service, or AMV, showed on Wednesday. The seasonally adjusted unemployment rate fell to 3.9 percent in April from 4.12 percent in March. The registered jobless rate increased to 8.2 percent in April from 8.1...

Sweden's consumer price inflation rose to the highest level in twenty-three months in April, figures from Statistics Sweden showed on Wednesday. The consumer price index rose 2.2 percent annually in April, following a 1.7 percent increase in March. This was in line with economists' expectation. A...

Romania's industrial production increased in March, data from the National Institute of Statistics showed on Wednesday. Industrial production rose a seasonally adjusted 0.3 percent month-on-month in March. Manufacturing output fell 0.6 percent monthly in March. Production in mining and quarrying...

Germany's consumer price inflation hit a two-year high in April, final data from Destatis confirmed Wednesday. The consumer price index rose 2.0 percent year-on-year following 1.7 percent increase in March. The latest inflation rate was the highest since April 2019, when it was at the same level. The...

The UK economy contracted in the first quarter as school closures and a large fall in retail sales earlier in the quarter dragged down growth, the Office for National Statistics reported Wednesday. Gross domestic product shrank 1.5 percent sequentially, reversing a 1.3 percent rise in the fourth...

Finland's current account balance swung to deficit in March, data from Statistics Finland showed on Wednesday. The current account balance registered a deficit of EUR 748 million in March versus a surplus of EUR 176 million in February. The balance of goods trade showed a surplus of EUR 163 million...

Japan's leading index rose to the highest level in seven years in March, preliminary data from the Cabinet Office showed on Wednesday. The leading index, which measures the future economic activity, grew to 103.2 in March from 98.9 in February. The latest reading was the highest since March 2014,...

preview aug27 12may21 Quarterly national accounts and foreign trade from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to contract 1.6 percent sequentially in the first quarter, following a 1.3 percent rise in the fourth quarter.

Japan will on Wednesday release preliminary March figures for its leading and coincident economic indexes, highlighting a light day for Asia-Pacific economic activity. Their previous readings were 98.7 and 89.9, respectively. South Korea will see April numbers for unemployment; in March, the jobless...

Turkey's current account deficit widened in March, data from the central bank showed on Tuesday. The current account deficit increased to $3.33 billion in March from $2.59 billion in February. Economists had forecast a deficit of $3.80 billion. The goods trade deficit decreased to $2.96 billion...

South Africa's manufacturing output grew in March, data from Statistics South Africa showed on Tuesday. Manufacturing output rose 4.6 percent year-on-year in March, after a 2.5 percent fall in February. The largest positive contributions came from food and beverages, and motor vehicles, parts and...

Latvia's trade deficit narrowed in March, amid a rise in both exports and imports, data from the Central Statistical Bureau showed on Tuesday. The trade deficit fell to EUR 163.6 million in March from EUR 232.9 million in the same month last year. In February, the trade deficit was EUR 49.4 million. Exports...

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