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Economy : Page 5

Canada October inflation rate steady at 1.9%
Canada gas stationNovember 23, 2019 ET
The annual inflation rate in Canada was at 1.9 percent in October 2019, unchanged from the previous month and matching market expectation.
Flash Japan PMI shows economy could decline in Q4
Japan machineryNovember 22, 2019 ET
November flash PMI data point to growing risk of the Japanese economy falling into a decline during the fourth quarter, with both business activity and new orders stagnating.
UK Flash PMI signals deepening economic woes
UK factoriesNovember 22, 2019 ET
With an upcoming general election adding to Brexit-related uncertainty about the outlook, it was no surprise to see UK businesses report falling output and orders in November.
Flash eurozone PMI signals economy stalled for third month in a row
Germany river cargo shipNovember 22, 2019 ET
The eurozone economy was becalmed for a third successive month in November.
Germany avoids recession in Q3
Germany river cargo shipNovember 22, 2019 ET
The German economy avoided a recession in the third quarter, data released by Destatis confirmed on Friday.
OECD sees Italy growing 0.4% in 2020
Italy factoryNovember 22, 2019 ET
OECD said in its latest economic outlook that it forecasts Italy\'s GDP will grow by 0.4% in 2020 and 0.5% in 2021, up from 0.2% in 2019.
South Africa Reserve Bank leaves interest rate unchanged
Lesetja KganyagoNovember 21, 2019 ET
The South Africa Reserve Bank\'s monetary policy committee has again left the repo rate unchanged at 6.5%. The prime rate will remain 10.25%.
IMF: Russia’s macroeconomic situation is stable
RussiaNovember 21, 2019 ET
Russia’s macroeconomic situation is stable, despite the sanctions and structural rigidities, according to International Monetary Fund (IMF) mission, led by James Roaf, which visited Russia to discuss recent economic developments.
Japan logs goods trade surplus for first time in 4 months in October
Japan machineryNovember 21, 2019 ET
According to the Finance Ministry, Japan\'s goods trade surplus stood at 17.27 billion yen (159 million U.S. dollars), compared to a revised 124.82 billion yen (1.15 billion U.S. dollars) deficit logged in September.
Indonesia pursuing $7 trillion GDP, 7% growth
Indonesia roadNovember 21, 2019 ET
The government of Indonesia is relying on exports and investment to pursue a 7-percent growth target per year.
China to revise GDP based on fourth economic census
China central bankNovember 21, 2019 ET
China’s government released the results of its latest census, a “physical inspection” of the nation’s industrial and services activities, and is likely to revise previous gross domestic product calculations based on the data, officials said.
Travel and tourism account for 2.8% of U.S. GDP
Tourism in U.S.November 21, 2019 ET
The travel and tourism industry as measured by the real output of goods and services sold directly to visitors increased 4.2 percent in 2018, according to the most recent statistics from the Travel and Tourism Satellite Account (TTSA) published by the Bureau of Economic Analysis (BEA).
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