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Economics Gazette

Economy and Business news

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October 22, 2019

Archives for April 2017

French economy

Recovery of the French economy is slowing

The recovery of the French economy is slowing its pace ahead of the impending second round of presidential elections in the country. The Gross Domestic Product (GDP) grew by 0.3% on a quarterly basis, according to data from the Insee Statistical Institute. The markets expected growth of 0.4%. At the end of 2016, the country’s

Bank of Japan

Bank of Japan raised its assessment for economy growth

Bank of Japan raised its assessment for economy growth, but left its monetary policy unchanged at the end of its session on Thursday. According to the bank’s analysis, the Japanese economy will continue to expand at a good pace throughout the fiscal 2017-2018 amid weak financial conditions and ongoing economic expansion across borders. The bank

German consumer confidence

German consumer confidence reported solid growth

Lower consumer prices have apparently encouraged Germans to shop more in April. Thanks to lower inflation, the households have spent more money, according to the report of GfK in its monthly consumer confidence survey. In addition, fewer Germans are worried about their workplace. More preoplr are convinced that the economy is on the rise. “In

Trump thinking

US will not withdraw from NAFTA

US will not withdraw from the North American Free Trade Agreement (NAFTA), said US President Donald Trump in a telephone conversation with the leaders of Canada and Mexico. For now, Trump will not interfere the operation of NAFTA. Trump, Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudo have agreed to proceed swiftly,

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