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Economy And The Numbers

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Poland's industrial production declined unexpectedly in August, while producer price inflation accelerated, figures from the Statistics Poland showed on Thursday. Industrial production fell 1.3 percent year-on-year in August. Economists had expected a growth of 0.8 percent. Manufacturing output...

Eurozone's current account surplus increased in July, figures from the European Central Bank showed on Thursday. The current account surplus rose to EUR 21 billion in July from EUR 18 billion in June. In the same month last year, the surplus was EUR 22 billion. In July, surpluses recorded for...

Taiwan's central bank maintained its key interest rate for the thirteenth straight meeting, on Thursday. Policymakers unanimously decided to hold the benchmark rate at 1.375 percent. The bank upgraded its 2019 growth outlook to 2.4 percent from 2.06 percent estimated previously in June. The bank...

swisscentralbank-jun13_19sep19.jpg The Swiss National Bank on Thursday decided to leave its key interest rates unchanged on Thursday, but adjusted the basis for calculating negative rate on sight deposits. The central bank kept its new SNB policy rate and interest on sight deposits at the central bank at -0.75 percent. The bank reiterated that it is willing to intervene in the foreign exchange market as necessary.

UK retail sales fell unexpectedly in August, data from the Office for National Statistics showed Thursday. Retail sales including auto fuel dropped 0.2 percent month-on-month, while economists had forecast the volume to remain flat. Excluding auto fuel, retail sales decreased 0.3 percent on month,...

indonesia-jun20_19sep19.jpg Indonesia's central bank slashed its key interest rate in September for a third consecutive policy session, as it expects low inflation and weaker growth in the coming months, due to risks from trade tensions and global economic slowdown. The Board of Governors, led by Governor Perry Warjiyo, decided to reduce the 7-day reverse repo rate by 25 basis points to 5.25 percent.

Switzerland's exports declined for the second straight month, while imports grew in August, data from the Federal Customs Administration showed on Thursday. Exports decreased by real 4.4 percent month-on-month in August, following a revised 1.2 percent fall in July. Imports rose 1.0 percent in...

Japan's all industry activity rose in July, figures from the Ministry of Economy, Trade and Industry showed on Thursday. The all industry activity index rose 0.2 percent month-on-month in July, after a 0.7 percent fall in June, which was in line with economists' expectations. Among components,...

The Dutch unemployment rate rose marginally in August after remaining unchanged in the previous months, data from the Central Bureau of Statistics showed on Thursday. The ILO jobless rate rose to 3.5 percent in August from 3.4 percent in July. The number of unemployed persons increased to 321,000...

Dutch consumer confidence fell to the lowest level in four months in September, data from the Central Bureau of Statistics showed on Thursday. The consumer confidence index fell to minus 2 in September from zero in August. The latest confidence index was the weakest since May, when the score was...

australianflag-042910_19sep19.jpg Australia's budget returned to balance in the 2018-19 financial year for the first time since 2007-08, Federal Treasurer Josh Frydenberg said Thursday. According to the Final Budget Outcome for the 2018-19 financial year, the budget deficit was A$13.8 billion better than estimated at the time of the 2018-19 Budget. The deficit of A$690 million represented 0.0 percent of gross domestic product.

preview-sept19.jpg Interest rate announcements from the Bank of England and the Swiss National Bank are due on Thursday, headlining a busy day for the European economic news. At 3.30 am ET, the Swiss National Bank is set to announce its quarterly monetary policy assessment. The bank is expected to hold its new policy rate at -0.75 percent.

bankofjapan-jun20_18sep19.jpg The Bank of Japan kept its monetary policy unchanged as widely expected on Thursday, after the U.S. Federal Reserve resorted to further easing. The Policy Board of the BoJ voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.

newzealandcpi-071510.jpg New Zealand's gross domestic product was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized yearly...

New Zealand's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Thursday. That exceeded expectations for an increase of 0.5 percent although it slowed from 0.6 percent in the first quarter. On an annualized...

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