Germany’s Inflation Accelerates As Estimated In November

Germany’s consumer price inflation accelerated as initially estimated in November, final data from Destatis showed Wednesday. The consumer price index rose 1.8 percent year-on-year following 1.6 percent increase in October. On a month-on-month basis, the CPI climbed 0.3 percent in November after staying flat. Destatis confirmed its provisional results published on November 29. Energy prices ...

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South Korea Money Supply Growth Accelerates Slightly

South Korea’s money supply growth accelerated marginally in October after remaining stable in the previous month, preliminary figures from Bank of Korea showed Wednesday. M2, a broad measure of money supply climbed 4.7 percent year-over-year in October, just above the 4.6 percent rise in the prior month. On a monthly ...

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Japan Core Machine Orders Spike 5.0% In October

The value of core machine orders in Japan jumped a seasonally adjusted 5.0 percent on month in October, the Cabinet Office said on Wednesday – standing at 850.9 billion yen. That beat forecasts for a gain of 2.7 percent following the 8.1 percent decline in September. On a yearly basis, ...

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ARGENTINA: Merval Rises 0.37% With Reforms, Inflation And Interest Rate

Merval, the main index of the Buenos Aires Stock Exchange, rose for the third consecutive session (+0.37%), closing at 27,409.55 points Tuesday, driven by energy and gas companies, while investors monitor the discussion on the tax and pension reforms in the Congress. Analysts said that the trading volume thinned amid ...

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ARGENTINA: Tax Reform Is Essential To Boost Job Creation, Says Minister

The tax system reform in Argentina is essential because the current framework is “inequitable,” limiting job creation and preventing development, said Nicol?s Dujovne, the country’s Finance Minister, in a speech at the National Congress to provide details on the 2018 Budget and the tax reform bill. The Argentinean House Budget ...

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New Zealand Food Prices Ease 0.1% In November

Food prices in New Zealand dipped a seasonally adjusted 0.1 percent on month in November, Statistics New Zealand said on Wednesday. That beat expectations for a fall of 0.2 percent and was unchanged from the October reading. Unadjusted, food prices fell 0.4 percent last month. Fruit and vegetable prices fell ...

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ARGENTINA: House Committee Vote In Favor Of Tax Reform With A Few Changes

The Budget Committee of the Argentinean House of Representatives approved a favorable opinion on the tax reform sponsored by the national government. After negotiations with the Justicialist bloc, the ruling party accepted a series of modifications to the original draft. The ruling party decided to incorporate at the last minute ...

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