Economy : Page 923

UK core CPI rises past forecasts in December

January 20, 2016 Britain's consumer price index edged higher by 0.1% month-on-month in December, after an unchanged reading for the month before, according to the Office for National Statistics.

Bank of England: It is not time to raise interest rates

January 19, 2016 Now is not yet the time to raise interest rates, the Governor of the Bank of England, Mark Carney, said.

Capital inflow to Turkey down 73 percent

January 19, 2016 The foreign resource inflow that has been financing Turkey's growth dropped radically in 2015, and this could be considered a sign of a new era rather than a temporary trend.

First year of negative inflation in Romania since 1989

January 19, 2016 Inflation in Romania turned negative in 2015 for the first time in more than 20 years, with the consumer price index of 0.9 percent lower at the year end in annual terms.

Russia's GDP declined 3.9 percent in 2015

January 19, 2016 The decline of Russia’s GDP in 2015, according to preliminary estimates, amounts to 3.9%, Russian Economic Development Minister Alexey Ulyukayev said.

Inflation rate in Sweden stays unchanged at 0.1 percent

January 19, 2016 The Swedish Consumer Price Index (CPI) increased by 0.1 percent from November to December 2015 (increased by 0.2 percent from November to December 2014).

U.S. consumer sentiment edges up more than expected in January

January 18, 2016 Consumer sentiment in the U.S. rose a little more than expected this month, according to preliminary figures by the University of Michigan.

Euro area international trade in goods surplus €23.6 bn

January 18, 2016 The first estimate for euro area (EA19) exports of goods to the rest of the world in November 2015 was €173.5 billion, an increase of 6% compared with November 2014 (€163.6 bn).

The tax-to-GDP ratio in EU varied almost 100%

January 18, 2016 The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of GDP, stood at 40.0% in the European Union (EU) in 2014, compared with 39.9% in 2013.

Northern Ireland economy will grow by less than 2%

January 18, 2016 The bank's chief economist Angela McGowan said that while recovery will continue, the pace of growth "will not be overly exciting". Northern Ireland suffered a deeper recession than the rest of the UK and has had a slower recovery.

Eurozone business investment rate down to 22.1%

January 18, 2016 The business investment rate in the 19-country Eurozone decreased to 22.1 percent in the third quarter of 2015, official data showed.

Brazilian unemployment climbs to 9 percent

January 16, 2016 Unemployment in Brazil rose to 9 percent in the August-October rolling quarter, up from 8.6 percent during the previous three months, the Brazilian Institute for Geography and Statistics (IBGE) reported.