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Japan econ to show moderate growthSep 09, 2010 TOKYO: Japan's economy is set to stay on a moderate recovery trend and the chance of a double-dip recession is fairly slim despite recent sharp gains in the yen that are likely to hurt exports, a monthly Reuters poll shows.
Growth, however, is expected to slow in the final quarter of this year and into January-March next year as the effects of government stimulus, such as tax benefits for energy-efficient cars, fade. ... |
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UK output recovers in July after oil rig dipSep 09, 2010 LONDON: British manufacturing output maintained a healthy pace of growth in July and industrial output recovered from a dip caused by an early start to oil rig maintenance in June, official data showed on Wednesday.
The figures, which were fully in line with expectations, confirm a picture of a strong rebound in manufacturing after heavy losses in the recession of 2008-09, with the strongest annual growth in more than 15 years. ... |
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German data signal rebound intact but slowingSep 09, 2010 BERLIN: A surprise fall in exports and near-zero growth in industry output in July suggested on Wednesday that the German industrial juggernaut may slow somewhat after building up record momentum earlier this year.
Data from the Federal Statistics Office showed exports, the main driver in Germany's rebound, fell by 1.5 per cent from June, while imports shrank by 2.2 per cent, adjusted for seasonal swings. ... |
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