Economy : Page 895

Scottish construction output soars to record high

March 16, 2016 The Scottish construction industry looks to be on top form after its productivity levels soared to new heights.

Eurozone employment rises 0.3% in the fourth quarter

March 16, 2016 Euro-area employment rose 0.3% in the fourth quarter compared to the previous three months, Eurostat revealed.

Cambodia becomes lower-middle income country

March 16, 2016 Cambodian Prime Minister Hun Sen said that the Southeast Asian country has moved from the status of a low-income to a lower-middle income nation last year.

German economy makes a good start this year

March 15, 2016 The German economy made a good start in 2016 and remained on a growth track despite uncertain global economic prospects, said German Economy Ministry.

Number of German company failures falls to record low

March 15, 2016 The number of German companies filing for insolvency fell last year to the lowest level on record thanks to a prolonged upswing in Europe's biggest economy.

Eurozone industrial production rises more than expected

March 15, 2016 Industrial production rose more than expected in January, according to data released by Eurostat.

Argentina's February inflation 4.8 percent

March 15, 2016 February inflation in Argentina reached 4.8% and has accumulated 33.9% in the last twelve months, according to the so called congressional inflation index.

Scotland’s private sector slipped into contraction

March 15, 2016 Scotland’s private sector slipped into contraction during February, according to latest survey data. Output levels deteriorated for the first time in three months, driven by a marginal decline in new order levels.

Output rises in England and Wales slowest for nearly three years

March 15, 2016 February saw a slowdown in the growth of UK business output, according to the latest Lloyds Bank Regional Purchasing Managers’ Index (PMI).

Record rise in construction activity in Irish industry

March 15, 2016 Irish construction activity increased at the fastest pace since the survey began in June 2000 during February, as the rate of expansion in new business accelerated sharply.

Real wage in South Korea grew faster than economy thanks to low inflation

March 14, 2016 Real-wage growth surpassed economic growth in South Korea last year mainly due to a record-low inflation rate, government data showed.

China fixed-asset investment up 10.2 percent

March 14, 2016 China's fixed-asset investment grew 10.2 percent year on year to 3.8 trillion yuan ($586 billion) in the first two months of 2016.