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Economy: Page 520

U.S. posts $108 billion budget deficit in March
TreasuryApril 12, 2016 ET
The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, the Treasury Department said.
ECLAC anticipates minus 1.9% economic activity in South America
CaribbeanApril 12, 2016 ET
Latin America and the Caribbean are forecast to have an average economic activity contraction of -0.6% during 2016, according to the Economic Commission for Latin America and the Caribbean (ECLAC).
Philippines sustains strong growth amidst difficult global environment
PhilippinesApril 12, 2016 ET
Growth in Developing East Asia and Pacific has remained resilient and is expected to ease only modestly during 2016-2018, according to a new World Bank report.
Mexico February industrial production growth tops expectations
Mexico factoryApril 12, 2016 ET
Mexico's industrial production in February grew at the fastest pace in over a year and topped economists' expectations, figures from the statistical office INEGI showed.
Kenya's internal debt hits $16.3 billion, country aggressively borrows
KenyaApril 12, 2016 ET
Kenya's domestic debt has hit $16.3 billion, the latest data from the Central Bank of Kenya (CBK) showed.
China CPI misses forecasts in March, factory prices declining
ShanghaiApril 12, 2016 ET
Inflation pressures in China were slightly more muted than expected in March, but analysts drew comfort from a lower pace of declines in factory gate prices.
Italian industrial production slows down in March
Italian industrialApril 12, 2016 ET
Italian industrial production grew more slowly last month, weighed down by a sharp fall in energy output.
UK inflation to improve in March, food prices low
LondonApril 11, 2016 ET
UK inflation on Tuesday is expected to show a slight improvement in March but is forecast to remain well below the Bank of England's 2% target.
Rate of expansion in construction activity in Ireland eases
Ireland constructionApril 11, 2016 ET
Construction activity in Ireland continued to rise strongly in March, despite an easing in the rate of expansion from the previous month’s survey high.
Beverages remains clear at top of EU sector rankings
Beverages EuropeApril 11, 2016 ET
The latest release of EU Sector PMI data from Markit showed that beverages was by far the best performer in March.
German exports rebound with fastest growth in five months
German exportApril 11, 2016 ET
German exports grew at the fastest pace in five months during February, after two months of decline, mainly driven by demand from within Europe.
Import and export main contributor to UK economic growth
SouthamptonApril 11, 2016 ET
UK trade shows import and export activity and is a main contributor to the overall economic growth of the UK.