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Economy : Page 849

EU referendum uncertainty sees UK employment growth slow

June 9, 2016
Employment at British companies rose in May but at the slowest rate in eight months due to EU referendum uncertainty and a lack of qualified candidates, recruiters said.

UK industrial production unexpectedly rises in April

June 9, 2016
UK industrial production unexpectedly rose in April from a year earlier, official data showed.

Revenue growth picks up in U.S. services

June 8, 2016
Sturdy revenue gains across the sprawling U.S. service sector pointed to the economy's resilience in early 2016, even in the face of trouble for manufacturers and worries about a slowdown in hiring.

China central bank reiterates economic forecasts

June 8, 2016
China's central bank reiterated its forecast for economic growth of 6.8% this year but cut its estimate on exports.

U.S. consumer credit growth slows to 4.5% in April

June 8, 2016
Consumer credit growth cooled off a bit in April from a torrid pace in March, according to the latest government estimates.

GDP up by 0.6% in the euro area and by 0.5% in the EU28

June 8, 2016
Seasonally adjusted GDP rose by 0.6% in the euro area (EA19) and by 0.5% in the EU28 during the first quarter of 2016, compared with the previous quarter, according to Eurostat.

Belgium's central bank retains growth forecast

June 8, 2016
Belgium's central bank retained the growth forecast for this year, as increased public spending on boosting national security offset the dampening effect of the terrorist attacks.

Australia's inflation expectations fall in May

June 8, 2016
Inflation expectations in Australia declined in May, survey data from the Melbourne Institute showed.

Japan's reserve assets edge down in May

June 8, 2016
Japan's official reserve assets in May declined about 0.68 percent from the previous month, according to the Ministry of Finance.

Bank of Italy cuts growth outlook to 1.1 increase

June 8, 2016
The Bank of Italy downgraded its growth projections citing the weak global economic activity.

Saudi officially endorses economic plan away from oil

June 7, 2016
The Saudi cabinet has approved a major plan to diversify the national economy away from oil and aiming to generate 450,000 non-government jobs by 2020.

Inflation in Brazil to close the year at 7.12%

June 7, 2016
The weekly inflation forecast by Brazilian financial institutions for this year, gauged by the extended national consumer price index (Indice Nacional de Preços ao Consumidor Amplo - IPCA) has changed from 7.06% to 7.12%.
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