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Economics Gazette

Economy and Business news

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October 19, 2017

Archives for March 2017

German business climate

German business climate reaches six-year high

The mood among managers in Germany improved significantly in March. Index Ifo of the business climate rose from 111.1 points to 112.3 points, according to the monthly survey of Munich institute. This is the highest level since July 2011 and the growth is surprising because the economists expect stable value of 111 points. The growth

Industrial production in USA

Industrial production in USA rose in February

The industrial production in USA rose in February for the sixth consecutive month, heading messages about sustainable rebound in the industry. The factories in USA, which form 75% of industrial production, increased its production by 0.5% on a monthly basis – the same rate as in January, according to the Federal Reserve. So reported the

Labor costs in European Union

Labor costs in European Union grew by 1.7% in Q4 2016

The hourly labor costs in Bulgaria have increased by 8.0% in the fourth quarter of 2016, compared to the same period of the previous year, bringing the country ranks 4th among members of the European Union (EU) with the strongest increases, according to the latest Eurostat data. The largest growth was recorded in Romania (12.3%),

UK

UK left main interest rates unchanged

On the eve of the start of negotiations for Brexit, the interest rates in the UK remain at record low levels. The monetary policy committee of the Bank of England (BoE) did not change after today’s meeting the levels of interest rates, which were reduced in August 2016, because of the consequences of the vote

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