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Economy : Page 871

Russian central bank keeps key rate at 11 percent

May 2, 2016
The Russian central bank has kept the key rate at 11% because inflation risks are still too high to reduce.

Volume of retail in Ireland decreased 2.1 percent

May 2, 2016
The volume of retail sales excluding price effects decreased by 2.1% in Ireland in March 2016 when compared with February 2016 and there was an increase of 5.2% in the annual figure.

Social security funds in Germany had surplus of 1.2bn euros

May 2, 2016
In 2015, the social security funds in Germany recorded a cash surplus of 1.2 billion euros.

Employment rate in Italy increased to 56.7%

May 2, 2016
Employment rate in Italy was 56.7%, +0.2 percentage points compared with February, unemployment rate was 11.4%.

Eurozone GDP sees strongest growth of year

May 2, 2016
The 19-country eurozone saw its strongest economic growth in a year in the first quarter of 2016, official data showed, signaling the economy had finally recovered to its pre-crisis level.

Eurozone unemployment rate hits lowest since August 2011

May 2, 2016
The eurozone seasonally-adjusted unemployment rate fell to its lowest rate since August 2011 at 10.2 percent in March, Eurostat said.

Canadian GDP edged down 0.1% in February

May 2, 2016
After rising for four consecutive months, real gross domestic product in Canada edged down 0.1% in February.

France records better than expected quarterly growth

May 2, 2016
France saw a growth of 0.5 percent in the first three months of this year, due to boosted consumption and growing corporate investment, according to the national statistics institute Insee.

Economic climate indicator in Portugal increases

April 30, 2016
The Consumer confidence indicator diminished in April, after stabilizing in the previous month, interrupting the upward trend observed since the beginning of 2013.

Wages in Canada little changed from previous month

April 30, 2016
Average weekly earnings of non-farm payroll employees in Canada were $954 in February, little changed from the previous month (+0.3%) and from 12 months earlier (+0.4%).

Lithuania's economic growth accelerates in first quarter

April 30, 2016
Lithuanian GDP grew by 2.4 percent in the first quarter of 2016, compared to the same quarter in 2015, announced Statistics Lithuania.

U.S. consumer sentiment slips to lowest since September

April 30, 2016
The University of Michigan said that its index of consumer sentiment slid to 89 in April from 91 in March.
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