Economy : Page 872

GDP up 0.6% in euro area and 0.5% in EU28

April 30, 2016 Seasonally adjusted GDP rose by 0.6% in the euro area (EA19) and by 0.5% in the EU28 during the first quarter of 2016, compared with the previous quarter.

Growth in Turkey is projected to slow to 3.5% in 2016

April 30, 2016 Growth in Turkey increased to 4% in 2015, reflecting stronger private and public consumption, but is expected to slow down to 3.5% in 2016.

Brazil's government had record deficit, benchmark rate 14.25%

April 29, 2016 Declining revenues and rising mandatory spending have caused Brazil’s central government (National Treasury, Social Security and Central Bank) to post its biggest quarter-one primary deficit in history.

Mexico growing faster than expected in first quarter

April 29, 2016 Mexico's economy grew faster than expected in the first quarter, helped by a robust pick-up in industrial activity, preliminary data showed.

Singapore jobless rate steady at 1.9% in Q1

April 29, 2016 Singapore’s seasonally adjusted jobless rate stood at 1.9 percent in the first quarter of 2016, the same figure as in the previous quarter, preliminary estimates showed.

German inflation rate slows to 0.1% in April

April 29, 2016 Consumer prices in Germany are expected to increase slightly by 0.1 percent on the year in April of 2016, easing from a 0.3 percent growth in the previous month.

Spain deflation deepens in April

April 29, 2016 Consumer prices in Spain declined 1.1 percent year-on-year in April of 2016, following a 0.8 percent drop in each of the previous two months.

Vietnam's exports to China up 16.5% in first 4 months

April 29, 2016 Exports of Vietnamese products to China are estimated to reach $5.8 billion in the first four months of 2016.

Japan consumer prices fall for 1st time since May 2013

April 29, 2016 Consumer pricdes in Japan dropped by 0.1 percent year-on-year in March of 2016, compared to a 0.3 percent rise in February and missing market expectations.

Unemployment rates in EU regions range from 2.5% to 34%

April 29, 2016 More than 60% of the NUTS 2 regions of the European Union (EU) recorded a decrease of at least 0.5 percentage points in their regional unemployment rate in 2015 compared with 2014.

U.S. GDP growth slows to two-year low 0.5%

April 29, 2016 U.S. economic growth slowed surprisingly in the first quarter of the year, falling to an annual rate of 0.5% that was short of the forecast of 0.6%.

British economy expands 2.1 percent yoy in Q1

April 29, 2016 The UK GDP advanced 2.1 percent year-on-year in the first three months of 2016, the same as in the previous period.