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Economy And The Numbers

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Switzerland's producer and import prices declined in March, data from the Federal Statistical Office showed on Friday. Producer and import prices fell 0.2 percent year-on-year in March. The producer price index declined 0.4 percent annually in March and import prices increased 0.1 percent. On...

china flag 041317 16apr21 China's economy registered record growth in the first quarter of 2021, largely due to the extremely low base of comparison as the pandemic struck the economy in the same period last year. Gross domestic product advanced 18.3 percent on a yearly basis in the first quarter, much faster than the 6.5 percent growth posted in the preceding quarter, data from the National Bureau of Statistics revealed.

Europe's new car registrations surged in March due to last year's exceptionally low base of comparison caused by the strict COVID-19 restrictions introduced in most markets in March 2020, the European Automobile Manufacturers' Association, or ACEA, said Friday. Registrations of new passenger cars...

preview nov05 16apr21 Consumer prices from euro area and new car registrations from Europe are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the European Automobile Manufacturers Association is scheduled to issue Europe's new car registrations data for March.

China's gross domestic product expanded 18.3 percent on year in the first quarter of 2021, the National Bureau of Statistics said on Friday. That was shy of estimates for a jump of 19.0 percent but was up sharply from the 6.5 percent growth in the fourth quarter of 2020. The bureau also said that...

The value of non-oil domestic exports in Singapore was up a seasonally adjusted 1.2 percent on month in March, Enterprise Singapore said on Friday. That beat forecasts for a decline of 1.3 percent following the upwardly revised 8.3 percent increase in February (originally 8.2 percent). The level...

The manufacturing sector in New Zealand continued to expand in March, and at a much faster pace, the latest survey from BusinessNZ revealed on Friday with a record-high Performance of Manufacturing Index score of 63.6. That's up from the upwardly revised 54.2 in February (originally 53.4) and it moves...

China is scheduled to release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are Q1 numbers for gross domestic product and March figures for industrial production, fixed asset investment, retail sales and unemployment. GDP is tipped to rise 1.5 percent...

nahb 041521 Reflecting strong buyer demand, the National Association of Home Builders released a report on Thursday showing a modest increase in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 83 in April after dipping to 82 in March, matching economist estimates.

business inventories2 041521 Business inventories in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories climbed by 0.5 percent in February after rising by an upwardly revised 0.4 percent in January.

industrial production1 041521 After reporting a sharp pullback in U.S. industrial production in the previous month, the Federal Reserve released a report on Thursday showing production rebounded in the month of March. The Fed said industrial production jumped by 1.4 percent in March after plunging by a downwardly revised 2.6 percent in February.

empire state manufacturing 041521 New York manufacturing activity grew strongly in the month of April, the Federal Reserve Bank of New York revealed in a report on Thursday. The New York Fed said its general business conditions index climbed to 26.3 in April from 17.4 in March, with a positive reading indicating growth in regional manufacturing activity. Economists had expected the index to inch up to 19.5.

philly fed 041521 A report released by the Federal Reserve Bank of Philadelphia on Thursday showed an unexpected acceleration in the pace of growth in regional manufacturing activity in the month of April. The Philly Fed said its index for current manufacturing activity rose to 50.2 in April from a downwardly revised 44.5 in March, with a positive reading indicating growth.

retail sales 041521 Retail sales in the U.S. spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales skyrocketed by 9.8 percent in March after tumbling by a revised 2.7 percent in February.

jobless claims2 041421 A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by much more than anticipated in the week ended April 10th, falling to their lowest levels since the early days of the pandemic.

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