Economy : Page 844

Exports from Italy grew by 1.8 percent

June 18, 2016 In Italy, in April 2016 seasonally-adjusted data, compared to March 2016, increased by 2.7% for outgoing flows and by 3.9% for incoming flows.

Canada inflation slows to 1.5 percent in May

June 18, 2016 Canada's annual inflation rate decreased to 1.5 percent in May 2016, from 1.7 percent in April.

Solid economic growth continues in New Zealand

June 18, 2016 The economy continues to perform solidly, with Statistics New Zealand reporting 0.7 percent growth for the first three months of 2016, taking annual growth to 2.8 percent, Finance Minister Bill English says.

Think tank forecasts Germany's GDP to grow by 1.8% in 2016

June 18, 2016 German economic research institute Ifo Institute said it would upwardly revise its growth forecast of Germany's GDP to 1.8 percent for this year, instead of a previous forecast of 1.6 percent.

Eurozone current account surplus rises in April

June 17, 2016 The euro area current account surplus increased notably in April largely on higher primary income, figures from the European Central Bank showed.

Indonesia unexpectedly lowers reference rate to 6.50%

June 17, 2016 The Board of Governors of Bank Indonesia, led by Governor Agus Martowardojo, decided to lower the reference rate to 6.50 percent from 6.75 percent. The bank had reduced the rate by cumulative 100 basis points so far this year.

Vietnam got nearly $5 billion from footwear, leather exports

June 17, 2016 Vietnam's export revenue of leather and footwear products reached nearly $5 billion in the first five months of 2016, up 6 percent year-on-year, according to the Ministry of Industry and Trade (MoIT).

Ireland's export trade surplus widened in April to €4.5 billion

June 17, 2016 Ireland's export trade surplus for April was €4,534 million. This has widened from €3,715 million in March according to new figures just out from the Central Statistics Office.

Luxembourg has highest level of GDP per capita

June 17, 2016 In 2015, Ireland recorded the second highest level of GDP per capita in the EU-28, at 45% above the EU average, with only Luxembourg at a higher level.

India's April-May trade deficit nearly halves to $11.12bn

June 17, 2016 India saw its trade deficit nearly halve to $11.12 billion in the first two months of the current financial year (April-may 2016-17) compared with the deficit of $21.40 billion during April-May 2015-16, on the back of an overall decline in external trade.

Azerbaijan's economy declines 4 percent

June 17, 2016 In January-May 2016, the Gross Domestic Product (GDP) made AZN 21,512,800,000, down 4.2% from previous year.

Switzerland saw 0.4% rise in producer and import price index

June 17, 2016 The Producer and Import Price Index rose in Switzerland in May 2016 by 0.4% compared with the previous month, reaching 99.7 points (base December 2015 = 100).