Georgia Economic Growth Strengthens In Q2

Georgia’s economy growth improved in the second quarter after slightly easing in the previous three months, preliminary data from the National Statistical Office showed Tuesday. Gross domestic product grew 5.5 percent year-on-year following a 5.3 percent increase in the first quarter. In the final three months of 2017, the economy expanded 5.4 percent. In the ...

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U.S. Homebuilder Confidence Holds Steady In September

Homebuilder confidence in the U.S. remained firm in the month of September, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index came in at 67 in September, unchanged from August. Economists had expected the index to ...

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Hungary Central Bank Holds Key Rate Steady As Expected

Hungary’s central bank kept its benchmark interest rates steady on Tuesday, as expected. The Monetary Council of the Magyar Nemzeti Bank decided to hold the base rate unchanged at 0.90 percent. The previous change in the rate was a 15 basis points reduction in May 2016. The overnight central bank ...

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Hong Kong Unemployment Rate Unchanged For Fourth Month

Hong Kong’s unemployment rate held steady for a fourth straight month in the three months to August, preliminary data from the Census and Statistics Department showed Tuesday. The seasonally adjusted jobless rate was 2.8 percent in the June to August period. The figure has been at that level since the ...

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