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Economy : Page 897

Emerging economies drive global trade volatility in 2015

March 11, 2016
After dramatically declining in the first half of 2015, global trade recovered but at a slower pace over the rest of the year.

China February exports slump 20.6%, imports down 8%

March 11, 2016
China's exports in yuan-denominated terms slumped 20.6 percent year on year to 821.8 billion yuan ($126.3 billion) in February.

British economy slows to 0.3 percent in a quarter

March 11, 2016
British quarterly GDP growth fell to 0.3 percent last December, the National Institute of Economic and Social Research (NIESR) said.

Industry investment intention in Brazil slides

March 11, 2016
The Industry Investment Intention Indicator slid 12.3 points in quarter one (Q1) this year from the preceding quarter.

U.S. weekly unemployment claims fall steeply

March 10, 2016
Initial U.S. weekly unemployment claims fell by 18,000 over the week ending on March 5 to reach 259,000, according to the Department of Labor.

Wholesale inventories-to-sales ratio highest since April 2009

March 10, 2016
The time it takes to unwind wholesale inventories rose in January to the highest level since the recession.

Philippines inflation rate at 4-month low

March 10, 2016
Consumer prices in Philippines unexpectedly rose 0.9% in February of 2016, slowing from 1.3% in January and well below market consensus of a 1.4% rise.

Malaysia trade surplus smallest in 6 months

March 10, 2016
Malaysia reported a MYR5.39 billion trade surplus in January of 2016, down sharply from MYR8.96 billion surplus a year earlier and missing market consensus.

Services drive Kenya’s growth in past decade

March 10, 2016
Since 2005, services exports in Kenya have accounted for over 50% of the increase in total exports, and are poised to overtake goods exports, says a World Bank report.

Staff appointments in UK continue to rise at solid pace

March 10, 2016
February data pointed to a further increase in permanent staff placements in the UK.

Turkish inflation rate slows to 8.8% in February

March 10, 2016
Consumer prices in Turkey increased by 8.78 percent year-on-year in February of 2016, easing from a 9.58 percent growth in the previous month.

UK industrial production bounces back

March 10, 2016
UK industrial performance improved in January but not as much as expected, with freshly released data from the Office for National statistics painting a mixed picture.
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