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Economy And The Numbers

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consumer-shopping-081619.jpg Consumer sentiment in the U.S. has seen a significant deterioration in the month of August, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index tumbled to 92.1 in August after inching up to 98.4 in July. Economists had expected the index to dip to 97.2.

housingstarts-081649.jpg While the Commerce Department released a report on Friday showing an unexpected slump in housing starts in the month of July, the report also showed a much bigger than expected increase in building permits. The report said housing starts tumbled by 4.0 percent to an annual rate of 1.191 million from the revised June estimate of 1.241 million.

While the Commerce Department released a report on Friday showing an unexpected slump in housing starts in the month of July, the report also showed a much bigger than expected increase in building permits.

Nigeria's consumer price inflation slowed in July, figures from the National Bureau of Statistics showed on Friday. The consumer price index rose 11.08 percent year-on-year in July, following a 11.22 percent increase in June. On a month-on-month basis, consumer prices rose 1.01 percent in July,...

hongkong_16aug19.jpg Hong Kong's economy grew less-than-estimated in the second quarter as anti-government demonstrations started to weigh on economic activity. Gross domestic product expanded 0.5 percent on a yearly basis, instead of 0.6 percent estimated previously, revised data from the Census and Statistics Department showed Friday. The economy had advanced 0.6 percent in the first quarter.

Croatia's consumer price inflation rose to the highest level in eight months in July, figures from the Croatian Bureau of Statistics showed on Friday. The consumer price index rose 1.1 percent year-on-year in July, following a 0.6 percent increase in June. The latest inflation was the highest since...

Turkey's industrial production declined at the fastest rate in four months in June, data from the Turkish Statistical Institute showed on Friday. Industrial production dropped 3.9 percent year-on-year in June, following a 1.3 percent decrease in May. Economists had expected a 0.3 percent fall. Manufacturing...

The Czech Republic's producer price inflation eased in July, figures from the Czech Statistical Office showed on Friday. The producer price index climbed 2.1 percent year-on-year in July, following a 2.5 percent increase in June. Economists had expected a 2.2 percent rise. Among components, the...

thaiwanflag.jpg Taiwan's economic growth outlook for 2019 was revised up as the region is expected to withstand the adverse impact from trade protectionism and weak global growth. Real gross domestic product is forecast to grow 2.46 percent in 2019, compared to 2.19 percent projected in May, the Directorate-General of Budget, Accounting and Statistics, or DGBAS, said Friday.

The euro area trade surplus declined in June as exports logged a monthly decline amid an increase in imports, data from Eurostat showed Friday. The trade surplus fell to a seasonally adjusted EUR 17.9 billion in June from EUR 19.6 billion in May. In the same period last year, the surplus totaled EUR...

Hong Kong's economy grew less than previously estimated in the second quarter, revised data from the Census and Statistics Department showed Friday. Gross domestic product expanded 0.5 percent on a yearly basis, instead of 0.6 percent estimated previously. The economy had advanced 0.6 percent in...

malaysia-aug16.jpg Malaysia's economy grew more-than-expected in the second quarter as strong household spending offset the drag from the global slowdown, data from the Department of Statistics showed Friday. Gross domestic product grew a better-than-expected 4.9 percent from last year, faster than the 4.5 percent expansion seen in the first quarter, the Bank Negara Malaysia said in its quarterly bulletin. The rate

Singapore's non-oil domestic exports continued to fall in July but at a slower than expected pace, data from Enterprise Singapore revealed on Friday. NODX declined 11.2 percent year-on-year in July, after a 17.4 percent fall in June. Economists had expected a 15.4 percent fall. Exports of electronic...

Malaysia's economic growth accelerated in the second quarter on domestic demand, data from the Bank Negara Malaysia showed Friday. Gross domestic product grew 4.9 percent year-on-year, faster than the 4.5 percent expansion seen in the first quarter. The rate was forecast to improve to 4.7 percent. On...

preview-aug16.jpg Foreign trade data from euro area is due on Friday, headlining a light day for the European economic news. At 3.00 am ET, the Czech Statistical Office is slated to issue producer prices for July. Economists forecast producer prices to climb 2.2 percent annually after increasing 2.5 percent in June.

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