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Economy : Page 869

New Zealand unemployment rate increased to 5.7%

May 5, 2016
The jobless rate in New Zealand rose to 5.7% in the first three months of 2016 from an upwardly revised 5.4% in the previous quarter.

France trade deficit narrows in March

May 5, 2016
France trade gap stood at EUR4.37 billion in March of 2016 from a marginally revised EUR5.15 billion in the preceding month.

Brazilian industrial production grew 1.4% in March

May 5, 2016
Brazilian industrial production bounced back in March, with a 1.4% improvement over February, as per seasonally adjusted numbers.

Canada records biggest trade shortfall in March

May 4, 2016
Canada saw a record deficit of $3.41 billion in March, in fact, as exports dropped much faster than imports.

U.S. private sector adds fewer jobs than expected in April

May 4, 2016
The U..S private sector added fewer jobs than expected in April. According to ADP, employers added 156,000 jobs in April compared with a downwardly-revised 194,000 in March and much weaker than expectations of 196,000.

Service sector activity growth slows slightly in Germany

May 4, 2016
Latest business survey results signalled a slight slowing in the rate of business activity growth in Germany at the start of the second quarter.

Industrial producer prices up by 0.3% in euro area

May 4, 2016
In March 2016, compared with February 2016, industrial producer prices rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat.

Kenya's manufacturing sector grows 3.5 percent in 2015

May 4, 2016
Kenya's manufacturing sector expanded by 3.5 percent in 2015, up from 3.2 percent the previous year, official figures show.

U.S. consumer spending increases in April to $95

May 4, 2016
Americans' daily self-reports of spending averaged $95 for the month of April, up from $89 in March.

IMF cuts growth forecasts for Asia Pacific

May 4, 2016
Asia continues to be the most dynamic part of the global economy but the region was still being buffeted by multiple headwinds, the International Monetary Fund said in a report in which it trimmed its forecasts.

Turkish inflation rate at nearly 3-year low

May 4, 2016
Consumer prices in Turkey went up by 6.57 percent year-on-year in April of 2016, following a 7.46 percent rise in March and below market expectation of 6.83 percent increase.

Core sector in India grows at strong 6.4% in March

May 4, 2016
In a sign of economic revival picking up pace, India’s eight key infrastructure sector grew a 16-month high in March at 6.4%.
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