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Economy : Page 881

Australia consumer confidence hits 7-month low

April 14, 2016
Consumer confidence in Australia hit its lowest level in seven months in April, reflecting growing concerns about a global slowdown and stoking expectations of a possible interest-rate cut.

There will be sharper decline for Brazilian GDP

April 13, 2016
The National Confederation of Industry (CNI) revised down its forecast for the Brazilian Gross Domestic Product (GDP) this year.

Vietnam’s growth revised to 6.2% this year

April 13, 2016
Vietnam still enjoys strong growth prospects among the large developing ASEAN economies though its economic growth is expected to moderate to 6.2% in 2016, the World Bank (WB) says.

World Bank projects China's economy to grow 6.7% this year

April 13, 2016
The World Bank expects the Chinese economy to slow to 6.7 percent in 2016, the bank said in a report.

Victorian business conditions strongest in mainland Australia

April 13, 2016
Victorian business conditions are the strongest in mainland Australia and the highest since October 2007, according to a NAB report.

Japan needs reforms to fight against shrinking workforce

April 13, 2016
Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs.

April in Brazil starts with $1.6 bn surplus

April 13, 2016
The Brazilian trade balance’s surplus reached $1.6 billion in the first six business days of April up to last Friday, according to the Secretariat of Foreign Trade (Secex).

UK inflation rises more than expected to 15-month high

April 13, 2016
UK inflation increased more than expected in March as an early Easter lifted air fares and as clothing prices rose.

German consumer prices in line in March

April 13, 2016
German consumer prices rose 0.8% in March from the previous month, in line with the initial estimate and expectations, according to data from Destatis.

ONS data shows that UK house price growth slows

April 13, 2016
UK house price growth surprisingly slowed in February, official figures confirmed, easing to a 7.6% annual rate of growth from the 7.9% rise the previous month.

Dubai private sector output rebounds in March

April 13, 2016
March data signalled a solid rebound in business conditions across the Dubai private sector economy, following the slight deterioration recorded during the previous month.

U.S. posts $108 billion budget deficit in March

April 12, 2016
The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, the Treasury Department said.
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