Ireland Retail Sales Fall In January

Trading 28 fév 2020 Commentaire »

Ireland's retail sales declined in January after rising in the previous month, data from the Central Statistics Office reported on Friday.

The retail sales volume decreased 3.4 percent month-on-month in January, after a 3.9 percent rose in December. In November, sales fell 2.8 percent.

The value of retail sales fell 1.4 percent monthly in January, after a 3.7 rise in the preceding month.

On an annual basis, the retail sales volume gained 3.7 percent in January, slower than 6.1 percent rise in the prior month.

On a yearly basis, the value of retail sales increased 3.5 percent in January, after a 4.9 percent rise in the previous month.


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Greece Producer Price Inflation Slows In January

Trading 28 fév 2020 Commentaire »

Greece producer price inflation slowed in January, the Hellenic Statistical Authority reported on Friday.

The producer prices index climbed 3.3 percent year-on-year in January, after a 4.7 percent rise in December.

On an annual basis, producer prices in the domestic market and non-domestic market increased by 3.0 percent and 4.2 percent, respectively, in January.

On a monthly basis, producer prices fell 0.4 percent in January, after a 0.6 percent increase seen in the prior month.

Separate data from the statistical office showed that the retail sales dropped 1.5 percent year-on-year in December, after a 3.7 percent rise in November.

On a monthly basis, retail sales declined 3.2 percent in December, after remaining unchanged in the preceding month.


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Gold Prices Inch Lower In Cautious Trade

Trading 28 fév 2020 Commentaire »

Gold prices fell on profit taking Friday after rising about 1 percent in the previous session on mounting concerns over the rapid spread of coronavirus and expectations of rate cuts by major central banks.

Spot gold declined 0.6 percent to $1,632.49 per ounce, while U.S. gold futures were down half a percent at $1,633.60 per ounce.

Equity markets continued to plunge deeper into correction territory, as more coronavirus cases have been reported outside China, spurring concerns that a global recession is on the horizon.

The British economy, which relies to a large extent on tourism revenues and manufacturing, is already seeing the impact, the outgoing Bank of England governor Mark Carney told Sky News.

The head of the World Health Organization warned the deadly epidemic was now at a "decisive point" and has the potential to become a pandemic.

China's National Health Commission reported 327 new confirmed cases and 44 new deaths as of Thursday. South Korea confirmed an additional 256 new coronavirus cases, bringing the country's total to 2,022.

Japan is closing schools to limit the spread of the outbreak. "I'm aware of views that if the virus spreads, it could have a huge impact on the economy," Prime Minister Shinzo Abe told parliament.

Germany reportedly quarantined around 1,000 people at home in the west town of Heinsberg.

Italy, Iran and Kuwait have reported more infections, while Nigeria confirmed its first case. Saudi Arabia banned foreign pilgrims entering the country to prevent the spread of the deadly virus in the Kingdom.

In the U.S., California Governor Gavin Newsom said 33 people have tested positive for the coronavirus and the state is currently monitoring at least 8,400 others.


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Turkey's GDP Growth Exceeds Expectations

Trading 28 fév 2020 Commentaire »

Turkey's economic growth accelerated more than expected in the fourth quarter driven by household consumption, data from the Turkish Statistical Institute revealed Friday.

Gross domestic product advanced 6 percent on a yearly basis after rising 1 percent in the third quarter. This was also faster than the expected rate of 5 percent.

On a quarter basis, economic growth improved to 1.9 percent from 0.8 percent.

In the whole year of 2019, the economy expanded 0.9 percent.

The expenditure-side breakdown of GDP showed that household consumption expanded 6.8 percent and government spending gained 2.7 percent. Meanwhile, gross fixed capital formation dropped 0.6 percent.

Exports grew 4.4 percent, while imports surged 29.3 percent.


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*Portugal Jan Jobless Rate 6.9% Vs. 6.7% In December

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Portugal Jan Jobless Rate 6.9% Vs. 6.7% In December


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*Latvia 2019 GDP Up 2.2% Vs. 4.3% In 2018

Trading 28 fév 2020 Commentaire »

Latvia 2019 GDP Up 2.2% Vs. 4.3% In 2018


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*Latvia Q4 GDP Rises 1% On Year Vs. 2.9% In Q3

Trading 28 fév 2020 Commentaire »

Latvia Q4 GDP Rises 1% On Year Vs. 2.9% In Q3


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*Ireland Jan Retail Sales -3.4% On Month Vs. +3.9% In December

Trading 28 fév 2020 Commentaire »

Ireland Jan Retail Sales -3.4% On Month Vs. +3.9% In December


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*Latvia Q4 GDP Up 0.1% Sequentially Vs. 0.6% In Q3

Trading 28 fév 2020 Commentaire »

Latvia Q4 GDP Up 0.1% Sequentially Vs. 0.6% In Q3


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*Ireland Jan Retail Sales +3.7% On Year Vs. +6.1% In December

Trading 28 fév 2020 Commentaire »

Ireland Jan Retail Sales +3.7% On Year Vs. +6.1% In December


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