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Polish jobless rate falls to 11.5pc in September, below forecast WARSAW: Poland's registered unemployment rate fell to 11.5 percent in September from 11.7 percent a month earlier, statistics office data showed on Thursday.Analysts polled by Reuters had expected the rate at 11.6 percent.Copyright Reuters, 2014 ...

Manufacturing moving from China to US: survey WASHINGTON: Large manufacturers are increasingly moving production back to the United States from China, according to a new report by The Boston Consulting Group released Thursday.In the third annual survey of US-based senior executives at manufacturing companies with annual sales of at least $1 billion, the number of respondents who said their companies were currently reshoring to the US from China increased 20 percent from a year ago."Given the fact that China's wage costs are ...
Russia takes bite out of McDonald's with US ties in deep freeze MOSCOW: Russian authorities seem to have scented blood as they show no sign of halting a clampdown on US chain McDonald's, launched after the West slapped sanctions on Moscow over its meddling in Ukraine. Ten outlets of the symbolic American eatery are now closed, McDonald's said Wednesday, months after the country's consumer watchdog began inspections at almost half of the burger giant's 451 restaurants nationwide. The hit to operations -- compounded by the closure of ...
New Zealand inflation rate slows to a crawl WELLINGTON: New Zealand's annual inflation rate fell to 1.0 percent in the 12 months to September, official data showed Thursday, dampening expectations of interest rate hikes for the rest of 2014.Statistics New Zealand said the cost of living rose just 0.3 percent in the July-September quarter, well below market forecasts of 0.5 percent, as transport costs fell and food prices remained flat.That put annual inflation at 1.0 percent, the bottom end of the Reserve Bank ...
US inflation ticks up unexpectedly in September WASHINGTON: US consumer prices rose slightly in September, contrary to analysts' expectations, the Labor Department reported Wednesday.The department's consumer price index (CPI), a key measure of inflation, rose by a seasonally adjusted 0.1 percent compared with August.Analysts had expected prices to remain unchanged from August, when they fell 0.2 percent for the first time in a year and a half.On an annualized basis, the CPI remained steady at 1.7 percent in September.A continuing decline in ...
South African inflation dips to 5.9pc JOHANNESBURG: South African inflation slowed to 5.9 percent last month from 6.4 percent in August, falling to within the central bank's target range, official data showed on Wednesday.Statistics South Africa said its September consumer price index fell by half a percentage point from the previous month, thanks in part to lower petrol prices.The South African Reserve Bank tries to keep inflation within a three to six percent band and has recently raised interest rates to ...
EU's Juncker pledges investment plan for jobs STRASBOURG: The incoming head of the EU executive, Jean-Claude Juncker, told the European Parliament on Wednesday that he would present his 300-billion-euro plan for investment to bolster growth and jobs by the end of this year.Switching significantly to German during a keynote address ahead of a parliamentary vote to endorse his new European Commission, Juncker said investment was vital to restoring growth and creating jobs.Germany, Europe's dominant economy, is resisting calls for it to spend ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln