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Industry News

International Economy / Markets Articles

German government more optimistic on economic growth
The German government upgraded Wednesday its growth forecasts for both this year and next year to 1.8 percent, saying Europe's biggest economy is "in an upturn."
April 22, 2015 – AFP

Japan records first trade surplus since 2012
Japan has recorded its first trade surplus in three years after the weaker yen boosted exports and cheaper oil prices lowered its import bill.
April 22, 2015 – BBC News

Germany 'headed for higher growth' say economic institutes
Four leading German economic institutes have raised their growth forecast for Germany's economy because of falling oil prices and a weak euro.
April 16, 2015 – BBC News

China's growth slows to 7% in the first quarter
China's economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009.
April 15, 2015 – BBC News

Russia's Economy Expanded 0.4% in Fourth Quarter
Russia's economy unexpectedly grew in the fourth quarter before the full effect of the country's currency crisis took hold.
April 1, 2015 – Bloomberg

Canada's economy shrank less than expected in January
The Canadian economy shrank less than foreseen in January, Statistics Canada data showed on Tuesday, a report that reinforced economists' expectations that the central bank will hold interest rates steady in April.
March 31, 2015 – Reuters

China March flash HSBC PMI contracts to 11-month low, fans policy easing expectations
Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signaling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing to support growth.
March 24, 2015 – Reuters

Peru economy grows 1.7 pct in January as mining rebounds
Peru's economy grew at a weaker-than-expected 1.68 percent in January from a year earlier, state statistics agency Inei confirmed on Monday, with a rebound in the mining sector offsetting a drop in construction.
March 16, 2015 – Reuters

China has resilience to keep economy growing: Premier
China has the potential, resilience and room to keep its economy growing within a rational range, Premier Li Keqiang said at a press conference at the end of the annual session of the National People's Congress, China's top legislature, on Sunday.
March 15, 2015 – Asia One

Manufacturing body CECE issues positive results
The European construction equipment manufacturer's association, CECE, has released its strongly positive Economic Report for 2014. According to this report, equipment sales in the European market grew by 9% in 2014.
March 13, 2015 – World Highways

Peru says economy likely to grow by 4.2 pct in 2015
Peru's commodities-powered economy will likely grow at 4.2 percent in 2015, the economy ministry said on Wednesday, a rate that is slower than previously forecast.
March 11, 2015 – Reuters

German construction market improves
A return to growth in the German construction sector has been indicated, according to results from the latest Purchasing Managers' Index (PMI).
March 5, 2015 – Construction Europe

India pledges infrastructure spending to help economy 'fly'
India's finance minister pledged major investment in infrastructure on Saturday, saying it was time for the economy to "fly", as he unveiled the new right-wing government's first full budget.
February 28, 2015 – AFP

German Economy Gets Boost From Consumers and Exports
Germany restored its position as Europe's economic powerhouse last quarter as domestic spending surged and trade contributed to growth.
February 24, 2015 – Bloomberg

China's Factory Gauge Rebounds in February After Stimulus
A Chinese manufacturing gauge rebounded in February, suggesting stimulus efforts and the U.S. recovery are supporting factories in the world's second-largest economy.
February 24, 2015 – Bloomberg

French Economy Strengthens on Services
France's economy showed signs of strengthening this month as services unexpectedly grew at the fastest pace in more than three years.
February 20, 2015 – Bloomberg

Peru economy grew 2.35 pct in 2014, slowest since 2009
Peru's economy grew 2.35 percent in all of 2014, the slowest rate since 2009, after picking up slightly to expand by 0.54 percent in December over the year-earlier month, the state statistics agency Inei said on Monday.
February 16, 2015 – Reuters

Japan comes out of recession but growth still disappoints
Japan came out of recession in the fourth quarter of last year, but the world's third largest economy grew at a slower than expected pace.
February 15, 2015 – BBC News

Chinese economy more sustainable now: China central bank
China's economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week.
February 11, 2015 – Reuters

Bank of Canada's Wilkins: Economy still below potential
The Canadian economy is still operating below its potential, a senior Bank of Canada official said on Tuesday, pointing to slack in the labor market and calling the recent sharp drop in oil prices a "setback."
February 11, 2015 – Reuters

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