Posts Tagged ‘third’
Euro zone industrial production increases for third straight month
Industrial production in the euro zone increased for the third month in a row in May.
Industrial output rose by 0.9% from April and was 9.4% higher than in May 2009, according to European Union statistics agency Eurostat.
However, the figures missed forecasts of a 1.3% monthly rise and an 11.3% annual gain.
“May’s euro zone [...]
ONS to issue final estimate of Q1 growth tomorrow
The Office for National Statistics (ONS) is tomorrow expected to leave its estimate of GDP in the January to March unchanged at 0.3%.
Gross Domestic Product (GDP), a key measure of economic growth, is closely watched by economists as an indication of the health of the economy.
The figures were due to be released last month but [...]
US Pending Home Sales Index rises for third straight month
The National Association of Realtors (NAR) today said its Pending Home Sales Index rose for the third consecutive month in April boosted by the expiration of a Government tax credit.
The NAR said the index rose 6% in April – far exceeding the 4.3% rise which many analysts had predicted.
However, the index is 22.4% higher [...]
UK Q4 economic growth figures revised upwards
The Office for National Statistics (ONS) has today revealed the UK economy grew by 0.4% in the October to December period – slightly higher than the 0.1% and the 0.3% previously estimated.
Today’s figures represent the third and final figures for growth in the fourth quarter and the ONS is scheduled release its first estimate of [...]
NAR reports fall in US home sales
The National Association of Realtors (NAR) has today revealed a further fall in sales of previously owned homes in the US for the month of February.
The industry body said sales fell 0.6% in the month to an annual rate of 5.02 million units (an eight-month low), down from 5.05 million the previous month.
February’s fall [...]