U.S. Retail Sales Climb Less Than Expected In April

Retail sales in the U.S. increased by less than expected in the month of April, according to a report released by the Commerce Department on Friday. The Commerce Department said retail sales climbed by 0.4 percent in April compared to economist estimates for 0.6 percent growth. However, the report also said retail sales inched up by a revised 0.1 p
India's consumer and wholesale price inflation rates slowed more-than-expected in April, official data showed Friday. The consumer price index rose 2.99 percent year-on-year following 3.89 percent in March, preliminary data from the Central Statistics Office showed. Economists had forecast 3.30 percent inflation. Food inflation eased to 0.61 percen
Ireland's residential property price inflation accelerated further in March to the highest level in nearly two years, figures from the Central Statistics Office showed Friday. The residential property price index climbed 9.6 percent year-over-year in March, faster than the 9.4 percent rise in February. Moreover, the latest rate of increase was the
EUROPEAN REGULATORY FRAMEWORK: ESMA QA on Application of the UCITS V Directive 2014/91/EU (April 2017 update) Original link
Fitch Ratings affirmed Australia's top notch credit rating on Friday, citing high income levels, strong governance and effective policy-making institutions. The country's Long-Term Foreign- and Local-Currency Issuer Default Ratings was affirmed at 'AAA' and the outlook was kept at 'stable'. "The country's economy has grown for 25 years without a re
Greece's import prices increased for the seventh successive month in March, figures from the Hellenic Statistical Authority showed Friday. The import price index climbed 8.6 percent year-over-year in March, slower than the 11.4 percent spike in February. Among the main industrial groups, energy prices alone jumped 43.3 percent annually in March. Th
Lithuania's unemployment rate increased in the three months ended March, figures from the Department of Statistics showed Friday. The jobless rate climbed to 8.0 percent in the first quarter from 7.6 percent in the previous quarter. In the corresponding period last year, the unemployment rate was 8.3 percent. The number of unemployed people grew to
Under the agreement, the FCA and SFC will co-operate on information sharing and referrals of innovative firms seeking to enter one another’s markets. Christopher Woolard, Executive Director of Strategy and Competition at the FCA, said: “Co-operation agreements are absolutely vital in fostering an environment of Fintech innovation on a global scale.
The German economy expanded the most in a year at the start of 2017 as global demand underpinned exports and investment advanced substantially. Gross domestic product grew 0.6 percent sequentially, faster than the 0.4 percent expansion seen in the fourth quarter, provisional results published by Destatis showed Friday. This was the fastest growth s
Eurozone industrial production decreased for the second straight month in March on weak energy output, figures from Eurostat showed Friday. Industrial output slid unexpectedly by 0.1 percent month-on-month in March, the same pace of growth as seen in February. Production was forecast to climb 0.3 percent. All components of industrial production exp
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Hong Kong's economic growth accelerated further in the first quarter to the highest level in almost six years, data from the Census and Statistics Department showed Friday. Gross domestic product advanced 4.3 percent year-over-year in the March quarter, faster than the 3.2 percent rise in the fourth quarter, which was revised up slightly from 3.1 p
WIESBADEN – In February 2017 German local courts reported 1,580 business insolvencies. The Federal Statistical Office ( Destatis ) reports that this was a decline of 13.6% compared with February 2016. Basic data and long time series are available in tables Insolvency proceedings (enterprises) (52411-0004) and Insolvency proceedings (other debtors)
France's payroll employment in the non-farm sectors grew for an eighth successive quarter in the first three months of the year, albeit at a slower pace, preliminary data from the statistical office INSEE showed Friday. Non-farm payroll employment grew 0.3 percent from the fourth quarter of 2016, when the figure rose 0.4 percent. The net job creati

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