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Economy : Page 853

UK manufacturing PMI beats expectations

June 2, 2016
The Markit/CIPS UK manufacturing purchasing managers' index came in a little better than expected for May.

U.S. economic recovery continues but slowly

June 1, 2016
The U.S. economic recovery continued into the second quarter, albeit at a modest pace, according to the Federal Reserve's latest Beige Book.

U.S. factory activity unexpectedly expands in May

June 1, 2016
Manufacturing activity in the U.S. unexpectedly grew in May. The Institute for Supply Management's index of national factory activity rose to 51.3 from 50.8 in April, beating expectations of a drop to 50.4.

China manufacturing PMI remains unchanged in May

June 1, 2016
Chinese manufacturing activity growth remain unchanged in May, according to official data.

Myanmar's economic growth declines to 7 percent

June 1, 2016
Myanmar's economic growth declined to 7 percent in the fiscal year 2015-16, according to the World Bank's May 2016 edition of the Myanmar Economic Monitor.

Euro area unemployment at 10.2% lowest since August 2011

June 1, 2016
The euro area (EA19) seasonally-adjusted unemployment rate was 10.2% in April 2016, stable compared with March 2016, and down from 11.0% in April 2015.

U.S. economic confidence index improves slightly to -12

June 1, 2016
Americans' confidence in the U.S. economy improved slightly last week. Gallup's U.S. Economic Confidence Index averaged -12 for the week ending May 29, up three points from the prior week.

India's GDP grows 7.9 percent in January-March quarter

June 1, 2016
India's GDP grew by 7.9 percent in the January-March quarter this year, or the last quarter of 2015-16 fiscal year, said official statistics.

Eurozone money supply slows sharply in April

June 1, 2016
Money supply in the euro area slowed sharply in April, although some economists cautioned that the underlying details of the report painted a significantly better picture.

France GDP growth revised up to 0.6% QoQ in Q1

June 1, 2016
The French economy expanded by 0.6 percent quarter-on-quarter in the March quarter of 2016, higher than preliminary figure of a 0.5 percent growth, second estimate showed.

German consumer prices rise 0.1% in May

June 1, 2016
Consumer prices in Germany are expected to increase slightly by 0.1 percent on the year in May of 2016, recovering from a 0.1 percent drop in the previous month, matching market expectations.

Brazil’s unemployment at highest level since 2012

May 31, 2016
Brazil’s government says unemployment has hit its highest level since 2012 and is rising.
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