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Economics Gazette

Economy and Business news

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November 19, 2019

Archives for July 2017

UK economy

UK economy continues to perform poorly in Q2 2017

UK economy continues to perform poorly, although growth accelerated slightly in the second quarter to 0.3% quarter on quarter. In period January-March, the growth was 0.2%. In its statement, the National Statistics Office points out that the economy is experiencing a significant slowdown in the first half of the year. The growth in the April-June

UK production

UK production reached a 20-year high in Q2 2017

UK production reached a 20-year high in the second quarter of 2017 and optimism for export orders rose to the highest level since the 1970s. The study of the Confederation of British Industry (CBI) shows that the volume of production has risen sharply in the three months to the end of June. The Confederation’s index

TRY debt limit

Turkey is preparing to raise debt limit

Turkey is preparing to raise its debt limit for the first time since 2009, after the loans in the first half of the year left the treasury near the ceiling. The government is preparing a change to the debt law by the end of the year, according to the ministry representatives, but the plans are

German business confidence

German business confidence unexpectedly increases in July

German business confidence unexpectedly increases in July, according to Munich-based Ifo Institute data. The index, calculated on the basis of a survey of 7,000 companies, rose to 116 points from 115.2 points in June, reaching a record high level. For comparison, the consensus forecast by economists was to drop the index to 114.9 points. “Sentiment

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