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Economy And The Numbers

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Standard & Poor's maintained the sovereign ratings of the U.K. with 'negative' outlook late Friday. The negative outlook continues to reflect the view that the forthcoming referendum on the U.K.'s membership of the EU is likely to be a close call and could result in a vote to leave. The rating...

The World Bank said Bangladesh needs to focus on a growth agenda centered on sustainable and inclusive growth. In a report released Friday, the lender said the economy remained strong and resilient despite external and internal challenges. Sustained macro stability, disinflation, rising reserves...

Standard & Poor's affirmed the credit ratings of Vietnam at 'BB-' citing country's lower middle-income, rising debt burden and banking sector weakness. Nonetheless, its external settings are sound, reflecting rising foreign exchange reserves and a modest external debt burden, the agency noted. The...

CONSUMER-RETAIL_29Apr16.jpg Reflecting weakening expectations for future growth, the University of Michigan released a report on Friday showing that U.S. consumer sentiment deteriorated by more than previously estimated in April. The report said the final reading on the consumer sentiment index for April came in at 89.0.

ChicagoPMI-042916.jpg Indicating a slow start to the second quarter, MNI Indicators released a report on Friday showing that growth in Chicago-area business activity slowed by much more than expected in the month of April. MNI Indicators said its Chicago business barometer slumped to 50.4 in April.

PersonalSavingsRate-042916.jpg With personal income rising faster than personal spending, the Commerce Department released a report on Friday showing that the U.S. personal savings rate jumped to its highest level in over a year in the month of March.

While the U.S. Commerce Department released a report on Friday showing a slightly bigger than expected increase in personal income in March, the report also showed a slightly smaller than expected increase in personal spending.

EurozoneGDP-042916.jpg Euro area economic growth doubled in the first quarter weathering fears of a global slowdown and the jobless rate declined for the first time in three months in March to its lowest level in four-and-a-half years. Nonetheless, Eurozone relapsed into deflation in April on negative contributions from oil prices. Gross domestic product climbed 0.6 percent from the prior quarter.

Italy's consumer prices fell at a faster-than-expected pace in April, preliminary figures from the statistical office ISTAT showed Friday. The consumer price index dropped 0.4 percent year-on-year following a 0.2 percent decline in March. Economists had forecast a 0.2 percent decrease. The bigger...

Italy's unemployment rate dropped for the first time in four months in March to its lowest level in almost three-and-a-half years, figures from ISTAT showed Friday. The unemployment rate declined to 11.4 percent from 11.6 percent in the previous three months, marking the lowest rate since November...

Latvia's retail sales growth eased for the second straight month in March, figures from the Central Statistical Bureau showed Friday. Retail sales climbed a calendar-adjusted 0.3 percent year-over-year in March, much slower than the 2.4 percent increase in the previous month. In January, sales had...

Russia's central bank kept its key interest rate unchanged for a sixth straight month, citing possible easing in inflationary pressures and a revival in economic recovery, going ahead. The Board of Directors decided to keep the key rate at 11.00 percent, the Bank of Russia said in a statement on...

Latvia's economy slipped into a technical recession in the three months ended March, preliminary figures from the Central Bureau of Statistics showed Friday. Gross domestic product contracted by a seasonally adjusted 0.1 percent quarterly in the first quarter, following a 0.4 percent decline in the...

Lithuania's economic growth accelerated for the fourth consecutive quarter in the three months ended March, preliminary data from the statistical agency showed Friday. Gross domestic product advanced a working-day-seasonally adjusted 2.4 percent year-over-year in the first quarter, faster than the...

Eurozone jobless rate declined for the first time in three months in March to its lowest level in four-and-a-half years, figures from Eurostat showed Friday. The seasonally adjusted unemployment rate dropped to 10.2 percent, the lowest figure since August 2011, when it was the same. In July that...

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