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Brazil June retail sales fall 0.7pc from May RIO DE JANEIRO: Retail sales volumes in Brazil fell 0.7 percent in June from May, government statistics agency IBGE said on Thursday. Retail sales had been expected to rise 0.4 percent, according to the median estimate of 24 economists polled by Reuters. Forecasts ranged from a decline of 0.7 percent to an increase of 0.9 percent. June's retail sales rose 0.8 percent from the year-earlier period, the IBGE added, less than the 3.5 percent median estimate in the Reuters poll. Forecasts ranged from a gain of 0.8 percent to 4.8 percent. Copyright Reuters, 2014 ...

India's WPI inflation hits 5-mth low, price pressures simmer NEW DELHI: India's wholesale price inflation eased to a five-month low in July, helped by a slower rise in fuel prices, but soaring costs for vegetables and fruit are likely to keep inflationary pressures simmering after the weak start to monsoon rains.Adding to inflationary worries are a weak currency - the rupee is 4.7 percent off a 2014 high against the dollar struck on May 23 - and lingering uncertainties over global crude prices due ...
ECB survey points to weaker inflation this year and next FRANKFURT: Euro zone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank indicated on Thursday, darkening the euro zone's economic outlook.The quarterly Survey of Professional Forecasters (SPF) also suggested that this year's euro zone growth would be weaker than previously expected, adding to the bloc's woes after the German economy shrank in the second quarter and France stagnated.The survey raises fresh questions about the ECB's ...
Euro zone economy grinds to halt even before Russia sanctions bite BERLIN/BRUSSELS: The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by contraction in Germany and stagnancy in France.Zero growth reported by statistics agency Eurostat on Thursday was alarm bell for politicians and policymakers in the 18-nation economy, which is already bracing for the impact tit-for-tat sanctions against Russia over Ukraine.Germany, Europe's largest economy contracted by 0.2 percent on the quarter, undercutting Bundesbank forecasts that it would ...
Eurozone recovery stalls as German, French economies sputter FRANKFURT: Economic recovery in the 18-country eurozone appeared to stall in the second quarter, as the main growth engines, France and Germany, ground to a standstill, data showed on Thursday.In Germany, Europe's biggest economy, activity actually contracted slightly by 0.2 percent, hit by weak exports and falling investment, according to a flash estimate by the federal statistics office Destatis.And the region's number two economy, France, showed zero growth for the second consecutive quarter, according to ...
Malaysia Q2 GDP seen slowing as exports ease, consumption cools KUALA LUMPUR: Malaysia's robust economy probably slowed in the second quarter as export growth eased and consumers began to feel the effects of central bank measures to limit the rapid rise in household debt, while tourism suffered from the negative image cast by the disappearance of Malaysia Airlines Flight MH370.Economists polled by Reuters expected gross domestic product to rise 5.8 percent from a year earlier, down from 6.2 percent in the first quarter. The forecasts ...
Thai economy seen avoiding recession in Q2 after military coup BANGKOK: Thailand's economy probably avoided slipping into a technical recession in April-June, growing 0.9 percent from the previous three months and 0.3 percent from a year earlier, a Reuters poll showed.The army seized power on May 22 in a bid to restore stability and confidence. The military government has taken steps to try to kick-start Southeast Asia's second-largest economy, which was hurt by months of political turmoil.In January-March, the economy contracted 2.1 percent, seasonally adjusted, ...


Index Closing Chg%
Arrow DJIA 16,979.13 0.35
Arrow Nasdaq 4,526.48 0.02
Arrow S&P 1,986.51 0.25
Arrow FTSE 6,755.48 0.35
Arrow DAX 9,314.57 0.21
Arrow CAC-40 4,240.79 0.32
Arrow Nikkei 15,454.45 0.03
Arrow H.Seng 25,159.76 0.15
Arrow Sensex 26,314.29 0.40

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln