Italian industrial production growth accelerates in December
Feb 09, 2018 18:27 pm UTC| Commentary
The Italian industrial production growth accelerated in the month of December in sequential terms as well as in year-on-year terms. The seasonally adjusted industrial production index rose 1.6 percent sequentially from...
Norwegian core inflation slows down in January; mainland GDP grows 0.6 pct in Q4 2017
Feb 09, 2018 17:46 pm UTC| Commentary
Norwegians core inflation decelerated in January, coming in at 1.1 percent. This is below consensus and Norges Banks expectations of 1.5 percent and 1.4 percent, respectively. Prices on clothes and shoes were the main...
U.K. manufacturing sector performs strongly in December, trade balance deteriorates
Feb 09, 2018 16:40 pm UTC| Commentary
The U.K. manufacturing sector recorded a strong performance in December 2017, with factories buoyed by the subdued exchange rate. Construction output also grew in the month; however, it continues to weigh on the economic...
Bank of Russia cuts interest rate by 25 bps, likely to further lower rates in months ahead
Feb 09, 2018 14:17 pm UTC| Commentary Central Banks
As expected, the Bank of Russia lowered its key interest rate by 25 basis points to 7.5 percent today. The annual inflation continues to be low, while inflation expectations are falling progressively. Short-term...
Bank of Russia cuts interest rate by 25 bps, likely to further lower rates in months ahead
Feb 09, 2018 14:17 pm UTC| Commentary Central Banks
As expected, the Bank of Russia lowered its key interest rate by 25 basis points to 7.5 percent today. The annual inflation continues to be low, while inflation expectations are falling progressively. Short-term...
Hungarian foreign trade surplus narrows in December 2017, trade balance to deteriorate in 2018
Feb 09, 2018 13:41 pm UTC| Commentary
Hungarian foreign trade surplus narrowed at the end of last year. The nations trade surplus came in at EUR502 million in December, letting the full year balance accumulated to EUR 8.2 billion or 6.9 percent of GDP in 2017....
Feb 09, 2018 12:31 pm UTC| Commentary
Brazils central bank cut its key interest rate on Wednesday to 6.75 percent as expected. It also hinted at a pause in the rate cut cycle that has been going on since October 2016. There are several factors that would...