Economy : Page 863

Small business driving economy of South Africa

May 16, 2016 The small business sector is beginning to take its rightful place as the engine of South Africa's economy.

Gross domestic product up 0.7% in Germany in Q1

May 16, 2016 The German economy gained pace at the start of this year. In the first quarter of 2016, the gross domestic product (GDP) rose 0.7% on the fourth quarter of 2015 after adjustment for price, seasonal and calendar variations.

Romania slashes inflation forecast for this year

May 16, 2016 Romania’s central bank has cut its inflation forecast for this year by more than half and chopped next year’s prediction sharply.

In Q1 Italian GDP grew by 0.3% over previous quarter

May 16, 2016 In the first quarter of 2016 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) in Italy increased by 0.3 percent with respect to Q4 2015 and by 1.0 percent in comparison with Q1 2015.

Japan Inc.'s profit to stagnate on stiffer yen

May 16, 2016 Japanese corporate profit is seen edging up slightly this fiscal year due to a stronger yen weighing down manufacturers, even though trading houses will fare better in their energy business.

China property investment increases, industrial output down

May 16, 2016 China experienced a sharp increase in property development investment and public works spending in the January-April period, according to the Chinese government.

World economy to grow just 2.4 percent in 2016

May 14, 2016 As world economic growth remains weak, world gross product will grow by just 2.4 percent in 2016, the same pace as in 2015, said a UN report.

China's fiscal revenue rises 14.4% in April

May 14, 2016 China's fiscal revenue rose 14.4 percent year on year to 1.55 trillion yuan ($238.8 billion) in April, data from the Ministry of Finance showed.

Inflation rate in Sweden 0.8 percent in April

May 14, 2016 The inflation rate was 0.8 percent in April, unchanged from March. The Swedish Consumer Price Index (CPI) was unchanged from March to April 2016 (unchanged from March to April 2015).

GDP up by 0.5% in both euro area and EU28

May 14, 2016 Seasonally adjusted GDP rose by 0.5% in both the euro area (EA19) and the EU28 during the first quarter of 2016, compared with the previous quarter, according to a flash estimate by Eurostat.

French economy created 24,400 jobs in Q1

May 14, 2016 The French economy created 24,400 new market-sector jobs in the first quarter, though employment in industry continued to fall, French statistics agency Insee said.

EBRD cuts growth forecast for Arab countries

May 14, 2016 The European Bank for Reconstruction and Development (EBRD) revised down its growth forecasts of four Arab Mediterranean economies in 2016.