Economy : Page 939

China manufacturing PMI slips to three-year low

December 3, 2015 China's manufacturing sector contracted for the fourth month in a row, falling to its lowest level in more than three years, according to the National Bureau of Statistics.

India registers 7.4 percent growth in July-September

December 2, 2015 India registered a 7.4-percent growth of its GDP in the second quarter of the current fiscal year from July to September, official statistics showed.

UAE's non-oil trade increases to $145.4 billion

December 2, 2015 Non-oil trade in the United Arab Emirates reached 534.1 billion dirhams ($145.4 billion) in the first half of this year.

UK manufacturing activity growth slowed, PMI down to 52.7

December 2, 2015 UK manufacturing activity growth slowed more than expected in November, data from Markit/CIPS showed.

German jobless rate falls to lowest level on record

December 2, 2015 Germany's unemployment rate fell to 6.3 percent in November, the lowest level since reunification in 1990.

Sweden grew faster than expected during Q3

December 2, 2015 The Swedish economy grew at a faster pace than expected during the third quarter, figures showed.

India overtakes China as fastest growing economy in Q3

December 2, 2015 India’s economy showed annualized growth of 7.4% in Q3, surpassing mainland China’s expansion of 6.9% for the same period due to improved domestic demand and manufacturing output, while the finance and labor markets underperformed.

Italy needs more competitive workforce to grow

December 2, 2015 Ignazio Visco, governor of the Bank of Italy said the Italian economy is continuing to show signs of a modest recovery but key reforms still need to be made.

Tunisia’s foreign investments up 19% to October

December 1, 2015 Tunisia received TND 1.865 billion ($902 million) in foreign investments from January to October, according to the Foreign Investment Promotion Agency (Fipa).

Consumer and business confidence in Italy increased

December 1, 2015 In November 2015 with regard to the consumer survey, the confidence climate index increased from 117 to 118.4.

Thailand's tourism up, exports down in October

December 1, 2015 Thailand's tourism sector slightly improved in October as the number of foreign tourists expanded 3.7 percent from the previous month, the Bank of Thailand (BOT) said.

Start of new era for India’s mobile economy

December 1, 2015 India is on track to surpass half a billion mobile subscribers by the end of the year, according to a new GSMA study, signaling the start of a new era for the country’s mobile economy.