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Economy : Page 572

Business activity growth at service providers in Japan accelerates
Japan serviceFebruary 4, 2016 ET
Service sector activity in Japan increased at the sharpest rate since August last year during January.
Bank of England votes to keep interest rates unchanged
Bank of EnglandFebruary 4, 2016 ET
The Bank of England voted unanimously to keep interest rates unchanged on Thursday amid low inflation and weak global growth.
Growth slows in Germany, business confidence highest
Germany workersFebruary 4, 2016 ET
The economic upturn in Germany’s service sector slowed slightly at the beginning of 2016, with activity, new orders and employment all rising at weaker, albeit still robust, rates.
Eurozone economic growth slows to four-month low
Eurozone economic growthFebruary 4, 2016 ET
The eurozone economy made a disappointing start to 2016. January saw the rate of output growth ease to one of the weakest over the past year.
UK services posts further solid rise in output
UK servicesFebruary 4, 2016 ET
The UK's dominant service sector registered a further solid rate of expansion in January, according to the latest PMI survey data from Markit and CIPS.
Private sector output in Brazil falls for record 11th month
Brazil workerFebruary 4, 2016 ET
January saw Brazil’s economic recession weighing on the private sector for another month.
Volume of retail trade up by 0.3% in euro area
Europe retailFebruary 4, 2016 ET
In December 2015 compared with November 2015, the seasonally adjusted volume of retail trade increased by 0.3% in the euro area (EA19) and by 0.1% in the EU28.
Euro area unemployment rate lowest since September 2011
EU unemploymentFebruary 4, 2016 ET
The euro area (EA19) seasonally-adjusted unemployment rate was 10.4% in December 2015, down from 10.5% in November 2015, and from 11.4% in December 2014.
Global consumer confidence declined two points from Q3
Global consumer confidenceFebruary 3, 2016 ET
Global consumer confidence ended 2015 on a subdued note as the index declined two points from the third quarter to 97—the same score as the start of the year.
Government policies can lift growth in South Africa
South AfricaFebruary 3, 2016 ET
Government policies that promote greater domestic competition and improve the regulatory environment could lift growth, says the South Africa Economic Update by the World Bank.
U.S. economic confidence index flat at -11 in January
U.S. economic confidenceFebruary 3, 2016 ET
Americans' confidence in the economy last month was unchanged from December. Gallup's U.S. Economic Confidence Index averaged -11 for January.
Growth of global manufacturing remains subdued at start of 2016
Global manufacturingFebruary 3, 2016 ET
The global manufacturing sector registered a mild growth acceleration at the start of 2016.
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