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Economy : Page 857

Eurozone flash PMI edges down to 16-month low

May 26, 2016
The May Flash PMI reinforced the picture of subdued growth of eurozone economic activity, with few signs of any imminent improvement.

National Mortgage Risk Index jumps 16% in April

May 26, 2016
The National Mortgage Risk Index (NMRI) finds purchase loan volume surged 16% in April from a year earlier, fueled by an 18% jump for first-time buyers.

Conditions stable in UK's manufacturing sector

May 26, 2016
The survey of 489 manufacturers found that a rebound in the food and drink sector drove an increase in overall output in the three months to May.

Optimism still prevailing among Dutch consumers

May 26, 2016
The mood among Dutch consumers remains positive in May. According to Statistics Netherlands(CBS), the consumer confidence indicator now stands at 1, the same as in April.

Bank of Canada maintains overnight rate, wildfires will hurt economy

May 25, 2016
The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

New Zealand posts 4th straight trade surplus

May 25, 2016
New Zealand trade balance recorded a NZD 292 million trade surplus in April of 2016, higher than a NZD 184 million surplus a year earlier.

Singapore economy grew 1.8 percent in Q1

May 25, 2016
The Singapore economy grew by 1.8 percent on a year-on-year basis in the first quarter, unchanged from the previously released preliminary estimates in April, said the Ministry of Trade and Industry (MTI).

U.S. economic confidence index static at -15

May 25, 2016
Americans' confidence in the U.S. economy remains steady, with Gallup's U.S. Economic Confidence Index averaging -15 for the week ending May 22.

Eurozone flash PMI edges down to 16-month low

May 25, 2016
The Markit Flash Eurozone PMI – which is based on approximately 85-90% of normal final monthly replies – slipped to a 16-month low of 52.9 in May, down from 53.0 in April.

U.S. factory activity slows further to fresh 2009-low

May 25, 2016
The Markit Flash U.S. Manufacturing PMI came in at 50.5 in May of 2016, lower than 50.8 in April and below market expectations of 51.

South Korea's foreign debts soundness improve

May 25, 2016
South Korea's foreign debts soundness improved in the first quarter due to falling debts and rising lending to overseas players, central bank data showed.

Spain producer prices fall most since 2009

May 25, 2016
Spain's producer prices declined at the fastest pace in more than six years in April, the statistical office INE said.
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