Economy : Page 909

Japan fourth quarter 2015 GDP falls more than expected

February 16, 2016 Japanese economic activity slowed more than was expected at the end of 2015, as household consumption dropped sharply.

Inflation in Peru to take longer to fall back to target

February 15, 2016 Peru's central bank said that it now expects inflation to take longer to cool back to its target level.

Inflation rate in Russia to be 7-7.5 percent

February 15, 2016 The inflation rate in Russia will amount to 7-7.5 percent by the end of 2016, Economic Development Minister Alexei Ulyukayev said.

Inflation in the Philippines to return to normal in June

February 15, 2016 The Bangko Sentral ng Pilipinas (BSP) expects a more normal path of inflation starting June as the effect of El Niño and the possible upward adjustment in utility rates start to kick in.

Retail prices rose 5.69 percent in India

February 15, 2016 India's retail inflation unexpectedly increased to a 17-month high in January, while industrial production contracted in December.

Industrial production down by 1% in euro area and EU28

February 15, 2016 In December 2015 compared with November 2015, seasonally adjusted industrial production fell by 1% in both the euro area (EA19) and the EU28.

GDP increased 0.3 percent in eurozone in Q4

February 13, 2016 Seasonally adjusted GDP rose by 0.3 percent in the eurozone during the fourth quarter (Q4) of 2015, compared with the previous quarter.

IMF sees weak 3.5% GDP growth in Palestine

February 13, 2016 Palestinian authorities have successfully managed the national budget and decreasing donations over the past few years.

French trade deficit decreased once again

February 13, 2016 In 2015 the French trade deficit decreased once again to €45.7bn. This is the fourth consecutive year that it has dropped, having reached a record high of €74.5bn in 2011.

U.S. retail sales increased by 0.2 percent in January

February 12, 2016 American consumers are feeling slightly more confident about their spending, according tothe Commerce Department.

Consumer prices in Germany up 0.5%, GDP steady

February 12, 2016 Consumer prices in Germany rose 0.5 percent year-on-year in January of 2016, up from a 0.3 percent increase in the preceding month and matching preliminary estimates.

Tens of billions of dollars lost thanks to conflicts in MENA region

February 12, 2016 The World Bank's latest Quarterly Economic Brief for MENA has revised estimates of economic growth in MENA, at 2.6 percent in 2015.