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Economy : Page 574

Technology and financials prop up global growth in May
TechnologyJune 10, 2016 ET
Markit’s global sector PMI data signalled that overall growth of the global economy was mainly supported by the technology and financials sectors in May.
Permanent placements in UK rise at slowest rate in eight months
Permanent placementsJune 10, 2016 ET
Permanent staff placements in the UK continued to rise in May, but the rate of expansion eased to an eight month low.
Greece jobless rate drops to 24.1 percent
Greece joblessJune 10, 2016 ET
Greece's unemployment rate dropped for the second successive month in March, according to the Hellenic Statistical Authority (ELSTAT).
UK trade deficit narrows more than expected in April
UK trade deficitJune 10, 2016 ET
Britain's trade deficit narrowed more than expected in April as exports on goods surged, official data showed.
Mexico annual inflation ticks up in May
Mexico annual inflationJune 9, 2016 ET
Mexico's annual inflation picked up in May but remained below the central bank's 3 percent target.
U.S. initial jobless claims fall unexpectedly
Jobless claimsJune 9, 2016 ET
The number of Americans initially applying for unemployment aid fell last week, better than market expectation, sending a signal that the U.S. job market remains stable.
U.S. wholesale inventories rise 0.6% in April
U.S. wholesale inventoriesJune 9, 2016 ET
U.S. wholesale inventories recorded their largest increase in 10 months in April as stocks of machinery and farm products rose.
Brazil's inflation up 0.78%, São Paulo to get export project
São PauloJune 9, 2016 ET
May’s official inflation rate sped up 0.78%, the sharpest raise for a month of May since 2008.
Russia inflation rate stable at 7.3% in May
Russia inflationJune 9, 2016 ET
Consumer prices in Russia increased 7.3% year-on-year in May of 2016, unchanged from the previous two months, staying at the lowest level since April of 2014.
France trade deficit widens in April to 5.21 billion euros
France trade deficitJune 9, 2016 ET
France recorded a trade gap of EUR 5.21 billion in April of 2016, compared to a downwardly revised EUR 4.20 billion in March and market expectations of a deficit of EUR 4 billion as exports rose less than imports.
Japan GDP growth revised up in Q1 to 0.5 percent
Japan GDPJune 9, 2016 ET
The Japanese economy expanded 0.5 percent on quarter in the March quarter of 2016, compared to an initial estimate of a 0.4 percent growth.
China trade surplus narrows in May as exports fall
China trade surplusJune 9, 2016 ET
China trade surplus stood at $49.98 billion in May of 2016, down from $58.87 billion reported a year earlier and below market estimates.
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