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Economy : Page 4

Mortgage lending falls in October in UK
UK houseNovember 27, 2019 ET
Residential mortgage lending dipped slightly in October by 0.9% year-on-year, according to the latest figures from UK Finance.
Romania: Budget deficit revised up to 4.3% of GDP
Romanian workerNovember 27, 2019 ET
The government\'s budget for October in Romania shows the deficit at 2.80% of GDP while a revision to the budget draft targets a fiscal deficit of 4.3% of GDP for the full year.
India: Service sector can help achieve target of $5 trillion GDP
India central bankNovember 27, 2019 ET
Union minister Piyush Goyal said Indias service sector can help achieve the Central governments target of $5 trillion GDP.
Brazil government raises 2020 GDP growth forecast
BrazilNovember 27, 2019 ET
Brazil’s government raised its economic growth outlook slightly for next year, and lowered its forecasts for inflation, interest rates and the currency.
Further solid increase in French private sector
French citizensNovember 27, 2019 ET
At 52.7 in November, the IHS Markit Flash France Composite Output Index was little-changed from 52.6 in October, pointing to a further solid increase of business activity across the French private sector.
Singapore manufacturing output rises 4 percent in October
Singapore factoryNovember 26, 2019 ET
Singapore\'s Economic Development Board announced that the country\'s manufacturing output grew 4 percent year on year in October, compared to a revised 0.7-percent increase this September.
Greece January-October primary surplus 5.7 billion euros
GreeceNovember 26, 2019 ET
Greece slightly revised its January-October budget execution figures from the preliminary data which were released and also incorporated the new targets as they were included in the 2020 draft budget.
Iranian banks balance sheet grew to hit $188 billion
Central Bank of IranNovember 25, 2019 ET
The Central Bank of Iran (CBI) has said that the total balance sheet of the banks operating in the country grew by more than a quarter year-on-year in late August to reach more than $188 billion.
Sharpest drop in UK private sector output since July 2016
UK banksNovember 25, 2019 ET
The headline IHS Markit / CIPS Flash UK Composite Output Index registered 48.5 in November, down from 50.0 in October and below the crucial 50.0 no-change value.
Eurozone near-stalled for third month running in November
EurozoneNovember 25, 2019 ET
The Eurozone economy remained close to stagnant for a third successive month in November, according to the flash PMI, losing growth momentum slightly again as new orders fell for a third straight month.
Business activity remains subdued in Germany
Germany river cargo shipNovember 25, 2019 ET
The Flash Germany Composite Output Index registered 49.2 in November, edging up for the second month running and from 48.9 in October, but still one of the lowest readings over the past six-and-half years.
Further solid increase in private sector in France
FranceNovember 25, 2019 ET
At 52.7 in November, the IHS Markit Flash France Composite Output Index was little-changed from 52.6 in October, pointing to a further solid increase of business activity across the French private sector.
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