Economy : Page 862

India wholesale prices rise for first time in 18 months

May 18, 2016 Indian wholesale prices unexpectedly rose 0.34 percent year-on-year in April of 2016, following a 0.85 percent drop in March and market consensus of a 0.2 percent fall.

Housing and dairy risks to financial stability in New Zealand

May 18, 2016 New Zealand’s financial system is resilient and continues to function effectively, but risks to the financial stability outlook have increased further in the past six months.

U.S. cost of living in increased as expected

May 17, 2016 Activity among U.S. homebuilders accelerated last month but a lead indicator of activity came in slightly beneath market forecasts.

New York manufacturing activity unexpectedly declines in May

May 17, 2016 Business activity for New York manufacturers unexpectedly declined in the month of May, according to a report released by the Federal Reserve Bank of New York.

UK jobless rate steady at 5.1% in March

May 17, 2016 The UK's headline unemployment rate will hold steady at 5.1% in March, with wage growth picking up to 3.75% by year end.

Consumption contributes 84.7% to China's Q1 growth

May 17, 2016 Final consumption contributed 84.7 percent of China's economic growth in the first quarter, official data showed, suggesting government efforts to ease reliance on investments and trade are working.

Thailand performed better than expected

May 17, 2016 Thailand’s economy outpaced expectations in the first quarter to expand at its fastest annual rate in three years.

Irish trade surplus widens 12% in March

May 17, 2016 Irish seasonally adjusted trade surplus increased by 12 percent to €4,106 million in March of 2016, compared to a downwardly revised €3,667 million surplus in the previous month.

CBI cuts UK GDP forecasts for 2016 and 2017

May 17, 2016 Global economic risks and uncertainty ahead of the June 23 referendum on membership of the European Union were beginning to weigh on investment plans in the UK.

Private investment in China continues to slow

May 17, 2016 China's private-sector investment slowed further in the first four months of 2016, pointing to one of the underlying challenges the government faces in trying to boost economic growth.

More education results in more income in Portugal

May 17, 2016 Among the 20% of the resident population with the highest incomes in 2014 (disposable income above 1,110 euro per month), 57.5% had achieved a higher education level and 26.2% was employed.

Auto industry lifts economies in Asia

May 16, 2016 The latest Markit Asia Sector PMI data signalled that automobiles & auto parts was the strongest performing detailed sector during April.