The eurozone seasonally-adjusted unemployment rate in February hit the lowest level since August 2011 at 10.3 percent, the statistical office of the European Union (EU), Eurostat, said on Monday.
The little bit of calm that has returned recently shows that the concerns outsiders had about the Chinese economy had been somewhat rushed and exaggerated, a senior economist said.
The Central Bank of Ireland on Friday revised its forecast for the country’s 2016 GDP (gross domestic product) growth to 5.1 percent instead of the previously estimated 4.8 percent rate, citing the continued strength of demand within the economy.
China’s Ministry of Commerce (MOC) said Friday that it will impose provisional anti-dumping cash deposits on imported acrylic fiber and grain oriented flat-rolled electrical steel (GOES).
Rating agencies have overstated China’s economic difficulties when lowering the outlook on its sovereign credit rating from stable to negative, an official said Friday.
Chinese Vice Premier Zhang Gaoli has urged positive action to deal with pressure on the economy and to pursue steady and healthy growth.
Spain’s car sales rose by 6.9 percent in the first quarter of this year, according to data released on Friday by the sector.
Britain’s current account deficit has reached 32.7 billion pounds (47 billion U.S. dollars), or 7 percent of GDP, widened to a record high in the fourth quarter of 2015, the Office of National Statistics (ONS) said on Thursday.