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Economy: Page 5

Turkey breaks its exports record
Turkey breaks its exports recordJuly 5, 2019 ET
Recording $88.2 billion in the first half of 2019, Turkey\'s exports hit the highest figure in its history, the nation\'s trade minister said.
World Bank classifies Sri Lanka as upper middle income country
Sri LankaJuly 4, 2019 ET
The World Bank has changed Sri Lanka\'s classification from a lower-middle income country to an upper-middle income country under its latest country income classifications for the 2020 fiscal year, local media reports said Thursday.
Canada saw trade surplus of 582 million USD in May
Canadian factory workerJuly 4, 2019 ET
Canada saw a trade surplus of 762 million Canadian dollars (about 582 million U.S. dollars) in May, the second surplus since December 2016, according to Statistics Canada.
Turkey's inflation rate hits 12-month low in June
Turkey's inflationJuly 4, 2019 ET
Turkey\'s annual inflation rate stood at 15.72 percent in June, hitting a 12-month low, the statistical authority said.
Canada: Merchandise trade balance climbs to surplus in May
Canadian factory workerJuly 4, 2019 ET
The Conference Board of Canada’s Senior Economist Doris Chu offered insights on the merchandise trade data for May.
Business investment in Canada down in 10 of 15 economic sectors
Canadian factory workerJuly 3, 2019 ET
Business investment has declined in two-thirds of the non-government sectors that comprise the Canadian economy in recent years, finds a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
Activity in U.S. manufacturing sector expanded in June
U.S. manufacturingJuly 2, 2019 ET
Economic activity in the U.S. manufacturing sector expanded in June, and the overall economy grew for the 122nd consecutive month, say the nation\'s supply executives in the latest Manufacturing ISM Report On Business.
Kenya's exports to Asia down 20.9 percent y-o-y in Q1
KenyaJuly 2, 2019 ET
Kenya\'s exports to Asia fell by 20.9 percent on a yearly basis to 40.9 billion Kenyan shillings (409 million U.S. dollars) in the first quarter of 2019, latest data showed.
Greece manufacturing PMI dips to lowest level since November 2017
Greece streetJuly 1, 2019 ET
Greece\'s manufacturing sector improved moderately in June, with the headline PMI dipping to its lowest since November 2017, IHS Markit said.
German unemployment falls slightly
German unemploymentJuly 1, 2019 ET
Unemployment in Germany fell slightly in June compared to the previous month, data from the Federal Labour Office shows.
Swiss retail trade turnover falls in May 2019
Swiss retailJuly 1, 2019 ET
Turnover in the retail sector fell by 1.6% in nominal terms in May 2019 compared with the previous year.
Sharpest fall in UK private sector activity since 2012
uk manufacturingJuly 1, 2019 ET
Private sector activity in the three months to June contracted at the quickest pace since September 2012, with the balance of firms reporting growth at -13% according to the latest CBI monthly Growth Indicator.
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