The latest monthly data and results of the most recent quarterly survey of industrial trends were released today by the CBI (Confederation of British Industries). Britain's manufacturing sector has been depressed for some time, as [...]
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Louise Curley
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Global| Apr 25 2005Confidence in the Euro Zone: Lower in Germany and Belgium But a Surprise Rise in Italian Consumer Confidence
The IFO indexes of business conditions and expectations in Germany declined further in April as heralded by the ZEW indicator of market sentiment, released last week. The respondents to thesurvey have become more pessimistic regarding [...]
- Global| Apr 19 2005
More Gloom from Germany
After becoming slightly more optimistic regarding the German economic outlook six months ahead in each of the first three months of this year, the institutional investors and analysts who respond to the ZEW survey became decidedly [...]
- Global| Apr 18 2005
Romania to Redenominate the Leu in July: 1 New Leu = 1,000 Old Leu
On Wednesday, April 20, the central bank of Romania will issue new banknotes and coins of the new leu, which will become the legal currency as of July 1. One new leu is equal to 1,000 old lei. Romania is one of a number of countries [...]
- Global| Apr 12 2005
Trade Between China and India
China and India recently pledged to increase their bilateral trade from the $14 billion reached in 2003 to $20 billion by 2008 and $30 billion by 2010. Data enabling one to analyze these prospects are available in the Haver data base, [...]
- Global| Apr 11 2005
Advance Estimate of Singapore's Y/Y Growth of GDP in Q1 Implies a Big Decline in Q/Q Seasonally Adjusted Annual Rate
The advance estimate for the year to year growth in Singapore's first quarter seasonally unadjusted Gross Domestic Product was 2.4%, down from 6.5% in the fourth quarter of 2004 and was well below the average growth for all of 2004 at [...]
- Global| Apr 05 2005
Mixed Inflation Trends in Latin America
Many Latin America are experiencing relatively low rates of inflation as measured by the year to year percent change in the consumer price index. For example, the March inflation was 1.87% for Peru and 2.40% for Chile.(See the first [...]
- Global| Apr 04 2005
Australian Retail Sales Rise for the Second Month: Will the Rise Continue?
Retail sales in Australia rose 0.6% from A$16,447 million in January to A$16,551 million in February. This was the second month of increase after three successive months of decline, however, the level of sales failed to reach the June [...]
- Global| Mar 29 2005
A Group of Disappointing Japanese Economic Indicators for February
After strong economic data for Japan in January, the latest indicators are disappointing. Retail sales declined by almost 3% from January to February and were only 0.9% above February, 2004. Employment declined 0.4% in February and [...]
- Global| Mar 28 2005
Singapore's Industrial Production Down Again in February: An Omen for First Quarter GDP?
The seasonally adjusted index of Industrial production in Singapore declined 9.8% in February after a 6.9% decline in January. Some of the February decline may have been due to the plant shutdowns during the lunar year celebrations [...]
- Global| Mar 22 2005
Korean GDP up 4.6%: Exports Rise Outweighs Consumer Slump
The Korean economy showed signs of continued improvement in the fourth quarter of last year as Real Gross Domestic Product (RGDP) rose 0.94% in the fourth quarter, compared with 0.81% in the third quarter. For the year 2004 as a [...]
- Global| Mar 21 2005
European Finance Ministers Agree to Modify Terms of the Stability and Growth Pact
The European Union Finance Ministers agreed to loosen the terms of the Growth and Stability Pact that was designed to ensure fiscal discipline among the member countries. The pact has virtually been suspended since November, 2003 when [...]
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