Economy : Page 944

The world economy to grow moderately

November 19, 2015 The world economy is expected to grow by a moderate 3.1% in 2016, in line with its performance this year.

China's power use drops slightly in October

November 19, 2015 China's electricity consumption, a key barometer of economic activity, edged down 0.2 percent to 449.1 billion kilowatt hours (kwh) in October, official data showed.

Chinese consumption to surge to $6.4 trillion in 2025

November 19, 2015 Chinese consumption is poised to surge from $3.7 trillion in 2014 to $6.4 trillion in 2025, resulting in $56 trillion of cumulative spending over the next decade.

Conference Board LEI for Brazil increased 1.8 percent

November 19, 2015 The Conference Board Leading Economic Index for Brazil, together with Fundação Getulio Vargas (TCB/FGV Brazil LEI), increased 1.8 percent in October.

UK HFI index shows decline in household wellbeing

November 19, 2015 At 44.1, the seasonally adjusted Markit UK Household Finance Index (HFI) pointed to a further decline in financial wellbeing during November.

Bangladesh posts current account surplus of nearly $1 billion

November 19, 2015 Bangladesh recorded a current account surplus of nearly $1 billion in July-September period of the current 2015-2016 fiscal year ending June, a central bank official said.

UK consumer price index remains in negative territory

November 19, 2015 The UK consumer price index (CPI) remained into negative territory for the second consecutive month in October.

APEC economies growth slows to 3.1 percent in Q2

November 19, 2015 Growth among 21 Asia-Pacific Economic Cooperation (APEC) economies softened to 3.1 percent in the second quarter of 2015.

South Korea's producer prices fall to 5.5-year low

November 19, 2015 Prices for goods and services offered by producers in South Korea fell in October to the lowest in five and a half years on the back of cheaper oil, central bank data showed.

Indonesian central bank keeps rate unchanged, cuts primary reserve

November 19, 2015 Indonesian central bank refrains from slashing its benchmark interest rate, but lowers primary reserve requirement for lenders as it seeks to guard rupiah and prop up the economy.

China's overseas nonfinancial investment surged 16.3 percent

November 19, 2015 China's overseas nonfinancial investment during the first 10 months of 2015 surged 16.3 percent year on year, hailed by many as a stabilizer of world economic growth.

Ukraine's economy returned to growth in Q3

November 19, 2015 Ukraine's economy returned to growth in the third quarter of 2015 following six consecutive quarters of decline, official figures showed.