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Economy And The Numbers

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ukgdp-nov11.jpg The UK economy avoided a recession in the third quarter, helped by services and construction, but the pace of overall expansion was weaker than expected, data from the Office for National Statistics showed Monday. Gross domestic product grew 0.3 percent sequentially in the third quarter after contracting 0.2 percent in the previous three months.

Dubai's non-oil private sector expanded at a faster rate in October, amid gains in new work and employment, survey data from IHS Markit showed on Monday. The seasonally adjusted purchasing managers' index, or PMI, increased to 54.6 in October from 52.6 in September. Any reading above 50 indicates...

China's bank lending declined notably in October, figures from the People's Bank of China showed Monday. Banks lent CNY 661.3 billion loans in October compared to CNY 1.69 trillion in September. Lending was forecast to fall to CNY 800 billion. The broad money supply M2 climbed at a steady pace...

Italy's industrial production fell in September after rising in the previous month, data from the statistical office ISTAT showed on Monday. Industrial production fell a seasonally adjusted 0.4 percent month-on-month in September, reversing a 0.4 percent rise in August. Economists had expected a...

Slovakia industrial production declined for the second month in a row in September, data from the Statistical Office of the Slovak Republic showed on Monday. Industrial production fell a working day adjusted 2.5 percent year-on-year in September, after an 8.1 percent drop in August. Manufacturing...

Hungary exports rose at the fastest rate in two years in September, data from the Hungarian Central Statistical Office showed on Monday. Exports rose 10.9 percent year-on-year in September, following a 2.7 percent increase in August. The latest increase was the highest since October 2017, when...

The Czech Republic's consumer price inflation remained stable in October, data from the Czech Statistical Office showed on Monday. The consumer price index rose 2.7 percent year-on-year in October, the same as seen in September. In August, inflation was 2.9 percent. Prices for housing, water,...

Romania's trade deficit increased in September, amid a rise in exports and imports, preliminary figures from the National Institute of Statistics showed on Monday. The trade deficit increased to EUR 1.89 billion in September from EUR 1.36 billion in August. In the same month last year, trade deficit...

Norway's consumer price inflation rose to the highest level in three months, data from Statistics Norway showed on Monday. The consumer price index rose 1.8 percent year-on-year in October, following a 1.5 percent increase in September. The latest inflation was the highest since July, when it...

UK's trade in goods in September showed a larger-than-expected deficit as imports grew faster than exports, figures from the Office for National Statistics showed on Monday. The visible trade deficit widened to a five-month high of GBP 12.541 billion from GBP 10.825 billion in August. Economists...

The UK economy recovered in the third quarter driven by services and construction, data from the Office for National Statistics showed Monday. Gross domestic product grew 0.3 percent sequentially in the third quarter after contracting 0.2 percent in the second quarter. Nonetheless, this was weaker...

The Ireland construction sector contracted at the fastest pace since mid 2013, data from the IHS Markit showed Monday. The Ulster Bank construction Purchasing Managers' Index fell to 46.2 in October from 48.3 in September. A score below 50 indicates contraction in the sector. This was the second...

Denmark's consumer price inflation rose marginally in October, data from Statistics Denmark showed on Monday. The consumer price index rose 0.6 percent year-on-year in October, following a 0.5 percent increase in September. Education cost grew 2.2 percent annually in October, the biggest increase...

Lithuania's consumer price inflation eased for a third consecutive month in October, figures from the statistical office showed on Monday. The consumer price index rose 1.6 percent year-on-year in October following a 2.2 percent increase in in the previous month. The annual inflation was mainly...

Germany's wholesale prices declined at the fastest pace in more than three years in October, data from Destatis revealed Monday. Wholesale prices fell 2.3 percent year-on-year in October, following a 1.9 percent drop in September. This was the biggest annual fall since May 2016. The largest annual...

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