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Economic growth

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Business

French economy slows in Q2

France's economy slowed for the first time in three years between April and June - shrinking 0.1 percent - with a dip in consumer spending being blamed.

France's economy slowed for the first time in three years between April and June - shrinking 0.1 percent - with a dip in consumer spending being blamed.

Business

ECB mostly upbeat on eurozone employment

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Eurozone employment is rising faster than expected according the European Central Bank's latest economic bulletin, fueled by an increase in part-time work and the service sector growing.

Business

German economic growth to slow says finance ministry

Germany's economic growth will slow in the second half of this year the finance ministry has said due to weaker foreign demand for goods.

Germany's economic growth will slow in the second half of this year the finance ministry has said due to weaker foreign demand for goods.

Business

Bank of Japan changes stimulus policy, denies it's running out of options

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

Business

UK central bank signals new rate cut to head off Brexit vote slowdown

Britain’s central bank has left the cost of borrowing unchanged but signaled a probable cut in the benchmark lending rate to just above zero later this year.

Britain’s central bank has left the cost of borrowing unchanged but signaled a probable cut in the benchmark lending rate to just above zero later this year.

Business

China's economy on track for stable growth

China's economy perked up in August after a lacklustre July. Factory output and retail sales grew faster than expected, the housing market was strong and government infrastructure spending rose.

China's economy perked up in August after a lacklustre July. Factory output and retail sales grew faster than expected, the housing market was strong and government infrastructure spending rose.

Business

No new eurozone stimulus measures from the ECB for now

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

There was no fresh stimulus from the European Central Bank at its latest policy meeting in the face of high unemployment, weak growth and the threat of deflation in the…

Business

Eurozone Q2 growth weakens

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

There was only weak growth again for the eurozone economy between April and June - up by just 0.3 percent from the previous quarter with exports the biggest contributor.

Business

Eurozone August business growth weaker

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business growth in the eurozone was weak in August - the most lacklustre it has been since the start of last year, according to surveys of thousands of companies.

Business

Eurozone manufacturing 'wavering', British manufacturing rebounds

Manufacturing growth in the eurozone slowed in August partly due to the effect of the Brexit vote. The weaker pound boosting exports help UK manufacturing rebound.

Manufacturing growth in the eurozone slowed in August partly due to the effect of the Brexit vote. The weaker pound boosting exports help UK manufacturing rebound.

Business

Greek economy still struggling despite mild Q2 expansion

Greece's battered economy grew between April and June - but only by 0.2 percent from the first three months of the year and it shrank by 0.9 percent from the same period last year.

Greece's battered economy grew between April and June - but only by 0.2 percent from the first three months of the year and it shrank by 0.9 percent from the same period last year.

Business

US second quarter growth sluggish, as consumer spending surges

New data show economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.

New data show economic growth in the US was slightly more tepid than initially thought in the second quarter – offsetting a spurt in consumer spending.

Business

Exports keep Germany economic growth strong

Trade was the biggest factor in Germany's economy growing by 0.4 percent between April and June. as exports rose 1.2 percent. State spending and private consumption also contributed.

Trade was the biggest factor in Germany's economy growing by 0.4 percent between April and June. as exports rose 1.2 percent. State spending and private consumption also contributed.

Business

Eurozone business activity still muted in July, retail sales flat

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Business activity in the eurozone was slightly better than predicted in July but growth remained muted and what there was came mostly from a surge in Germany.

Business

Eurozone GDP growth slows in Q2, French economy stalls

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

The eurozone's economic growth slowed between April and June. It was 0.3 percent quarter-on-quarter, half of the 0.6 percent growth recorded in the first three months of 2016.

Business

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Business

US jobs jump in June

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

Business

UK retail in rude health for now!

Retail sales in the UK are in rude health after a big April; the bonanza has run into May.

Retail sales in the UK are in rude health after a big April; the bonanza has run into May.

Business

UK jobless levels lowest since 2005

Unemployment in the UK has fallen to its lowest levels since 2005, according to the latest figures.

Unemployment in the UK has fallen to its lowest levels since 2005, according to the latest figures.

Business

Eurozone GDP growth revised upwards for Q1

It seems the eurozone's economic growth was slightly better than previously thought in the first three months of this year, but still nothing to shout about.

It seems the eurozone's economic growth was slightly better than previously thought in the first three months of this year, but still nothing to shout about.

Business

Weak US jobs numbers mean interest rate rise still some way off

US employers created the fewest number of jobs in more than five years in May, just 38,000, making it difficult for the Federal Reserve to justify raising interest rates in the near future.

US employers created the fewest number of jobs in more than five years in May, just 38,000, making it difficult for the Federal Reserve to justify raising interest rates in the near future.

Business

ECB says growth prospect slightly better, but still many risks

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

ECB President Mario Draghi said the prospects for eurozone economic growth are looking slightly better this year and it's the same story for inflation, but there are still many risks.

Business

How to beat the economic low growth trap and Iran's data directive

Business Line explores the OECD's warning that the global economy is in a 'low growth trap' and Tehran wants foreign social media to move its citizens' data onto servers inside Iran.

Business Line explores the OECD's warning that the global economy is in a 'low growth trap' and Tehran wants foreign social media to move its citizens' data onto servers inside Iran.

Business

OECD pessimistic about global growth, blames rich world governments

The world is stuck in a "low-growth trap" the Organisation for Economic Cooperation and Development says, even as it slightly raised the eurozone economic outlook for this year.

The world is stuck in a "low-growth trap" the Organisation for Economic Cooperation and Development says, even as it slightly raised the eurozone economic outlook for this year.

Business

Eurozone manufacturing still lacklustre

Eurozone factory activity remained stagnant in May despite more price cuts. German production hit a four-month high, French manufacturing activity contracted again.

Eurozone factory activity remained stagnant in May despite more price cuts. German production hit a four-month high, French manufacturing activity contracted again.

Business

French economic growth improves

France's economy performed better than expected in the first three months of this year up by 0.6 percent from the previous quarter.

France's economy performed better than expected in the first three months of this year up by 0.6 percent from the previous quarter.