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Economy : Page 879

China's Q1 GDP posts slowest growth on record

April 18, 2016
China's economy grew 1.1% from the previous quarter on a seasonally adjusted basis, the National Bureau of Statistics said.

More than 1.5m persons in Austria at risk of poverty

April 18, 2016
1,551,000 persons or 18.3% of the population in Austria have been at risk of poverty or social exclusion in 2015, Statistics Austria reports.

Investment in real estate in Baltics at all time high

April 18, 2016
Total investment volume in the Estonian real estate market in 2015 more than doubled year over year to reach 544 million euros.

Imports and exports from Italy increased

April 18, 2016
Imports from Italy increased 0.9% for European countries and +0.1% for non EU countries.

World Bank: Jordan could grow 3% this year

April 18, 2016
Jordan’s economy is expected to pick up steam and post 3% growth this year, after having grown 2.4% in 2015, in case ongoing conflicts in neighboring countries do not deteriorate any further.

Empire State index jumps to highest level in more than year

April 16, 2016
A reading of New York-area business conditions rose in April to the highest level in more than a year, the New York Federal Reserve said.

U.S. economy needs more competition

April 16, 2016
The government needs to do more to foster competition among businesses to aid consumers and workers, a new White House paper asserts.

Output grows in UK but ends worst quarter in three years

April 16, 2016
Growth in output and employment was slightly higher in March compared to the month before, but the first quarter as a whole was the worst in almost three years.

Downturn in Scotland’s private sector intensifies

April 16, 2016
March survey data pointed to a sharper deterioration in business conditions in Scotland’s private sector.

Euro area international trade in goods surplus €19 billion

April 15, 2016
The first estimate for euro area (EA19) exports of goods to the rest of the world in February 2016 was €163.5 billion, an increase of 1% compared with February 2015 (€161.4 billion).

Russia's budget deficit widens to 3.7% of GDP in first quarter

April 15, 2016
Russia's federal budget deficit amounted to 712.9 billion rubles ($10.8 billion), or 3.7% of the country's gross domestic product in the first quarter of 2016, the Russian Finance Ministry said.

Finance Ministry: Finnish economy recovers

April 15, 2016
The Finnish economy has returned to slow growth, according to the Economic Survey-Spring 2016 published by the Ministry of Finance.
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