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Economy: Page 532

Germany records 15-year-strong consumption growth in 2015
German retailMarch 18, 2016 ET
Fueled by a favorable shopping environment, German consumers' spending in 2015 grew faster than any year else in the past 15 years.
U.S. consumer prices decline less than expected in February
U.S. consumer spendingMarch 18, 2016 ET
The cost of living in the United States decreased by less than expected last month, but a key gauge of price pressures printed ahead of forecasts.
Norway central bank cuts rates to record low
Norway central bankMarch 18, 2016 ET
Norway's central bank slashed its key interest rate, citing the weaker economic outlook, and said that the rate may be cut further this year to as low as zero.
Czech January industrial production growth improves as expected
Czech industrialMarch 18, 2016 ET
Czech industrial production growth improved as expected at the start of the year, after easing sharply in the previous month, figures from the Czech Statistical Office showed.
Swiss National Bank says inflation to be 0.1%
Swiss National BankMarch 18, 2016 ET
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the three-month Libor remains at between –1.25% and –0.25%.
U.S. jobless claims rise 7,000 to 265,000
Jobless claimsMarch 17, 2016 ET
The number of Americans who applied for unemployment benefits in the second week of March rose by 7,000 to 265,000.
Services helps New Zealand economy, dairy declined
New Zealand economyMarch 17, 2016 ET
Strong expansion in the services sector helped to offset plunging dairy prices to boost New Zealand's economic growth at the end of last year, the government statistics agency said.
U.S. housing starts rise more than expected in February
U.S. housing startsMarch 17, 2016 ET
U.S. housing starts rose a little more than expected in February, according to data released by the Commerce Department.
Latin American lack of tax culture addressed in ECLAC forum
Latin AmericaMarch 17, 2016 ET
Evasion is one of the main weaknesses of the tax systems in the Latin America and the Caribbean economies, accounting for 320 billion dollars in 2014.
U.S. industrial production drops 0.5%
U.S. industrial productionMarch 17, 2016 ET
U.S. industrial production slipped in February, but factory output edged higher, according to the latest data from the Federal Reserve.
Japan’s industrial production up 3.7% in January
Industrial production JapanMarch 17, 2016 ET
Industrial production in Japan rose 3.7 percent in January from the previous month, the Ministry of Economy, Trade and Industry said in a revised report, unchanged from a preliminary reading.
Morocco’s trade deficit reduced for third year
MoroccoMarch 17, 2016 ET
Morocco’s trade deficit declined in 2015 for the third consecutive year. According to the Ministry of Finance, the deficit decreased 18.6% over 2014 and stood at MAD 152.4 billion ($15.5 billion).
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