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Economy : Page 837

China manufacturing weakens, services show improvement

July 1, 2016
Data out of China showed the manufacturing sector weakened in June, but the services sector improved.

Malaysia to grow 4.4 percent, says World Bank

July 1, 2016
Malaysia’s economy remains resilient, with GDP projected to grow by 4.4 percent in 2016 and 4.5 percent in 2017, according to an analysis from the World Bank.

German unemployment rate steady at record low

July 1, 2016
German unemployment fell more than expected in June while the unemployment rate held steady at its lowest level since German reunification, according to the Federal Statistics Office.

Euro area annual inflation up to 0.1%

July 1, 2016
Euro area annual inflation is expected to be 0.1% in June 2016, up from -0.1% in May 2016, according to a flash estimate from Eurostat.

U.S. personal income rises 0.2% in May

June 30, 2016
While the Commerce Department released a report showing a slightly smaller than expected increase in U.S. personal income in the month of May, the report also said personal spending climbed in line with estimates.

New Zealand money supply growth eases in May

June 30, 2016
New Zealand's money supply growth eased in May, after remaining stable in the previous month, figures from the Reserve Bank of New Zealand showed.

Moody's: Singapore's growth likely to remain subdued

June 30, 2016
Moody's expects Singapore's GDP growth for calendar 2016 at about 1.6 percent, after expanding by 2.0 percent in 2015.

French consumer spending drops unexpectedly in May

June 30, 2016
French consumer spending decreased unexpectedly in May, marking its second consecutive monthly fall, figures from the statistical office Insee showed.

Finland April trade balance turns to deficit

June 30, 2016
Finland's foreign trade balance tuned to a deficit in April compared to same period last year, latest figures from the Finnish Customs showed.

UK consumer confidence index -1 in June

June 30, 2016
Consumer confidence in the United Kingdom remained slightly soft in June, the latest poll from GfK revealed with an index score of -1.

Estonia retail sales growth accelerates for second month

June 30, 2016
Estonia's retail sales growth improved for the second consecutive month in May, figures from the Department of Statistics showed.

Vietnamese central bank wants bad debt ratio below 3%

June 30, 2016
Vietnamese central bank requested relevant agencies to continue implementing drastic measures to deal with bad debts so as to keep the bad debt ratio at less than 3 percent in 2016.
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