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Economy And The Numbers

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IndiaGDP-052915.jpg India's economy grew strongly in the three months to March led by manufacturing, outpacing China, while economists and observers raise doubts regarding the credibility of the data as previous figures underwent sharp revision. Gross domestic product rose 7.5 percent year-on-year in the March quarter, exceeding economists' consensus for 7.3 percent expansion.

consumershopping-052915.jpg Consumer sentiment in the U.S. deteriorated less than previously estimated in the month of May, according to a report released by the University of Michigan on Friday.

chicagopmi-052915.jpg Business activity in the Chicago area unexpectedly contracted in the month of May, according to a report released by MNI Indicators on Friday. MNI Indicators said the Chicago business barometer tumbled to 46.2 in May from 52.3 in April, with a reading below 50 indicating a contraction in regional business activity.

The Czech economy grew faster than expected earlier during the first quarter of the year, logging the strongest expansion in more than seven years, revised figures from the Czech Statistical Office showed Friday. Gross domestic product grew 4.2 percent year-on-year in the first quarter, revised from...

Denmark's economy grew for a seventh consecutive quarter in the first three months of the year, albeit at a slower pace, preliminary data from Statistics Denmark showed Friday. Gross domestic product grew 0.4 percent from the fourth quarter, when it rose 0.5 percent. The outcome was in line with...

Slovenia's economy grew at a faster pace in the first quarter, after slowing in the previous month, driven by investments, preliminary figures from the Statistical Office of the Republic of Slovenia showed Friday. Gross domestic product grew an unadjusted 2.9 percent year-on-year following 2.4 percent...

USGDP-052915.jpg Economic activity in the U.S. contracted for the first time in a year in the first quarter of 2015, according to revised data released by the Commerce Department on Friday.

Brazil's economy contracted for the first time in three quarters during January to March, preliminary figures from the statistical office IBGE revealed Friday. Gross domestic product fell by a slower-than-expected 0.2 percent sequentially in the first quarter, after expanding 0.3 percent a quarter...

Economic activity in the U.S. contracted for the first time in a year in the first quarter of 2015, according to revised data released by the Commerce Department on Friday.

Croatia's economy grew for a second straight quarter in the three months to March and at a stronger pace, after it exit a prolonged recession in the previous quarter, preliminary data from the Croatian Bureau of Statistics showed Friday. Gross domestic product rose a non-seasonally adjusted 0.5 percent...

The Greece economy fell back into recession in the first quarter as the lingering political crisis dampened fragile recovery. Gross domestic product fell a seasonally-and-calendar adjusted 0.2 percent from the fourth quarter when it dropped 0.4 percent, final data from the Hellenic Statistical Authority...

India's economic growth improved strongly in the three months ended March, preliminary data from the Central Statistics Office revealed Friday. Gross domestic product rose 7.5 percent year-on-year, exceeding economists' consensus for 7.3 percent expansion. The growth figure for the October-December...

Slovenia's consumer prices dropped for the fifth straight month in May, figures from the Statistical Office of the Republic Slovenia showed Friday. The consumer price index declined 0.5 percent year-over-year in May, but slower than previous month's 0.7 percent decrease. Prices have been falling since...

Latvia's economic growth in the first three months of the year was smaller than expected earlier, but the economy grew for the seventh consecutive quarter, latest figures from the Central Bureau of Statistics showed Friday. Gross domestic product rose a seasonally adjusted 0.3 percent from the fourth...

Italy's EU harmonized inflation turned positive for the first time in three months in May, provisional data from the Istat showed Friday. The harmonized index of consumer prices rose by 0.2 percent in May from last year, in contrast to a 0.1 percent fall in April. This was the first increase in three...

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