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Economy : Page 842

Australia house prices slip 0.2% in Q1

June 22, 2016
House prices in Australia were down 0.2 percent on quarter in the first quarter of 2016, the Australian Bureau of Statistics said.

Brazil annual inflation rate hits lowest in a year

June 22, 2016
Brazil's annual inflation rate slowed more than expected in mid-June and fell below 9 percent for the first time in a year.

Japan all industry activity growth accelerates in April

June 22, 2016
Japan's all industry activity expanded at a faster pace in April, the Ministry of Economy, Trade and Industry showed.

UK government borrowing falls slightly in May

June 22, 2016
Government borrowing fell slightly in May compared with the same month a year ago, according to official figures, but it was still higher than expected.

Turkey central bank cuts lending rate by 50 bps

June 22, 2016
Turkey's central bank reduced its key lending rate further, while maintaining the repo and borrowing rates.

Hong Kong inflation at 4-month low in May

June 22, 2016
Hong Kong's inflation eased for a third consecutive month in May to reach its lowest level in four months, figures from the Census and Statistics Department showed.

Hungary's central bank keeps rate unchanged

June 22, 2016
Hungary's central bank kept its key interest rate unchanged after lowering it for the third straight month.

German ZEW sentiment unexpectedly improves in June

June 22, 2016
German investor confidence unexpectedly improved in June, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

UK manufacturing stable, books strengthened slightly

June 22, 2016
UK manufacturing showed signs of stability with output continuing to expand at a "solid" pace, although Brexit worries had offset any benefits to exporters.

Yellen reiterates cautious approach to hiking rates

June 21, 2016
In her semi-annual congressional testimony Federal Reserve Chair Janet Yellen said the U.S. central bank would take a cautious approach to hiking interest rates, closely monitoring financial developments.

China's service outsourcing growth picks up

June 21, 2016
The growth of China's service outsourcing industry accelerated slightly in the first five months, the data from the Ministry of Commerce (MOC) showed.

Export orders in Taiwan tumble for 14 continuous months

June 21, 2016
With worse-than-expected economic momentum, export orders fell 5.8 percent year-on-year to $33.73 billion in May, marking the 14th month of consecutive decline.
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