On a seasonally adjusted basis, Japanese exports rose 0.91% in January from December. Imports were up 1.81% at the same time. As a result, the surplus declined from 1.1 trillion yen in December to l.0 trillion in January. The December [...]
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Global| Feb 23 2004
Changing Patterns in Japanese Export Trade
Global| Feb 17 2004
Increases in Industrial Production in Russia Outpace Those in Western Europe and in the U.S.
Industrial production in the Euro-zone, the U. S. and the UK has been essentially flat since 2000. The flat trend in the Euro-zone, as a whole, is the result of above average performance in some countries, notably Ireland and below [...]
Global| Feb 16 2004
Israeli Economy Increases in 2003 after Two Years of Decline
The Israeli economy rose 1.23% in 2003 after two years of decline. Increases in private consumption and exports and a decline in imports offset declines in fixed investment and government consumption during the year. The increase is, [...]
Global| Feb 10 2004
Demand Conditions in the Importing Countries More Important than Exchange Rates in British Exports
Britain's merchandise trade deficit improved by 197 million pounds in December but, for the year as a whole, the deficit was 46,385 million pounds which is only slightly lower than the record deficit of 46,630 million pounds in 2002. [...]
Global| Feb 09 2004
Will Pressure Be Put on Asian Currencies to Appreciate?
In the immediate aftermath of the G7 Finance Minister's meeting last week, the dollar fell against the Euro and the UK pound. Early on February 9th, the euro was equal to $1.28 and the pound, $1.86. The decline in the dollar that [...]
Global| Feb 03 2004
Russian Economy Grows Over 7% in 2003. Inflation Still High at Close to 15%
The Russian economy grew in real terms by 7.3% in 2003 according to the first estimate for 2003 released by the State Committee of the Russian Federation. Since the upheavals of 1996 and 1998 economic growth has proceeded at a good [...]
Global| Feb 02 2004
Euro-zone Manufacturing Activity Continues Expansion
Manufacturing in the Euro-zone continued to expand in January according to the 2000 purchasing managers surveyed by the NTC Research Ltd. for Reuters Group Plc. The rise of 0.25% in January marked the fifth successive month of [...]
Global| Jan 27 2004
Business Confidence Improves in Germany and the Netherlands but Dutch Consumer Confidence Weakens
Confidence measures in Europe continue to be mixed. Contrary to the weakening of confidence in Germany heralded by the January ZEW index, the broader IFO measure showed a 0.52% rise in business confidence in January in West Germany [...]
Global| Jan 26 2004
Strong Growth Raises Prospects of Higher Interest Rates in the UK but the Strong Pound Suggests Restraint
Gross domestic product in the United Kingdom rose at an annual rate of 3.8% in the fourth quarter, the strongest rate of increase since early 2000. For the year as a whole, the rate of increase was 2.17%. The acceleration in growth [...]
Global| Jan 20 2004
Business Sentiment in Germany Falls: Euro the Culprit?
Business confidence is beginning to falter in Germany and in other countries of the Euro-zone. Earlier this month, it was reported that business confidence in December, while it improved slightly in the construction sector, declined [...]
Global| Jan 19 2004
November Exports in the Euro-zone Falter: Will the Euro Continue to rise?
Exports from the Euro-zone declined 0.77% in November, bringing the level of exports 4.48% below a year ago. The trend in exports has been negative since early 2002 when the euro began its rise but the extent of the decline has so far [...]
Global| Jan 13 2004
November Industrial Production Declines in the UK and France
The lackluster performance of the past two years of industrial production in France and in the UK continued in November with declines in both countries. In France, total industrial production declined 0.40% but was 1.21% above [...]
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