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Euro zone trade surplus rises in July on growing exports BRUSSELS: The euro zone's trade surplus rose year-on-year in July as exports grew faster than imports, pointing to a positive contribution to economic growth at the start of the third quarter, the European Union's Statistics office data showed.Eurostat said the non-seasonally adjusted external trade surplus of the 18 countries sharing the euro was 21.2 billion euros (27.39 billion US dollar) in July, up from 18.0 billion in July 2013. Exports increased 3 percent year-on-year while imports only 1 percent.Adjusted for seasonal swings, however, and on a month-on-month basis, exports edged 0.2 percent lower in July against June while imports rose 0.9 percent.The seasonally adjusted trade balance was a 12.2 billion surplus, down from 13.8 billion in June and 15.2 billion in May.There was no detailed data for July yet, but Eurostat said that in the first six months of the year the euro zone's trade deficit in energy narrowed to ...

Bulgaria Jan-July current account posts 1.3pc/GDP surplus SOFIA: Bulgaria's current account posted a surplus of 1.3 percent of gross domestic product in the first seven months compared with a surplus of 1.0 percent in the same period a year earlier, central bank data showed on Monday. The surplus was 528.2 million euros (682.54 million US dollar) through July, up from 398.9 million euros surplus in the same period a year ago mainly due to an increase of revenues from tourism and transfers ...
India inflation slows to five-year low in August MUMBAI: India's wholesale price inflation slowed to its lowest level in almost five years in August, data showed Monday, after the right-wing government came to power pledging to wrestle down crippling prices.The Wholesale Price Index increased 3.74 percent year on year -- far below market forecasts of around 4.40 percent -- and sharply lower from 5.19 percent last month. I was also the lowest since October 2009 thanks largely to a drop in fuel and ...
Singapore August exports seen up 2.6pc SINGAPORE: Singapore's non-oil exports in August is forecast to have risen from a year earlier, while monthly growth is seen slowing from July, a Reuters poll showed on Monday.Fourteen economists estimated exports in August rose 2.6 percent from a year earlier, recouping some of the 3.3 percent contraction in July and a 4.6 percent decrease in June.On a month-on-month and seasonally adjusted basis, exports were forecast to have risen 1.0 percent in August, compared with ...
India's Aug palm oil imports up 22pc m/m-trade body NEW DELHI: India's palm oil imports rose 22.4 percent to 805,131 tonnes in August from a month earlier, data from the Solvent Extractors' Association of India (SEA) showed on Monday. Traders expected last month's imports to be in the range of 700,000-850,000 tonnes, including refined palm oil purchases of about 140,000 tonnes.Copyright Reuters, 2014 ...
NZ Q2 growth to slow but still solid, backing rates on hold WELLINGTON: The New Zealand economy is expected to have slowed to its weakest pace in a year in the second quarter, hurt by softening commodity prices and reduced building activity, easing pressure on the central bank to raise rates any time soon. However, with the economy still seen growing at a solid pace, analysts don't expect the data to have a bearing on Saturday's general elections, in which the ruling centre-right National government has a ...
Turkey's Eximbank expected to issue $500mn eurobond, bankers say ISTANBUL: Turk Eximbank, a state-owned bank that promotes exports, has mandated banks to hold investor meetings on issuing a eurobond, bankers said on Monday on condition of anonymity. The eurobond is expected to be worth $500 million and mature in seven years, they said.Copyright Reuters, 2014 ...


Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln