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Monthly archive May, 2021

Australia Unemployment Rate Slips To 5.5% In April

The jobless rate in Australia came in at a seasonally adjusted 5.5 percent in April, the Australian Bureau of Statistics said on Thursday.Original Article Read More →

China Holds Benchmark Lending Rates As Expected

China kept its benchmark lending rates unchanged, as widely expected, on Thursday. The one-year loan prime rate was maintained at 3.85 percent and the five-year loan prime rate was kept unchanged at 4.65 percent. The one-year and five-year loan prime Read More →

New Zealand 2021 Budget Focuses On Securing Recovery

New Zealand Finance Minister Grant Robertson announced the Budget 2021 on Thursday, giving thrust to spending and in bringing the economy back to pre-COVID levels. "This year's Budget is still in the shadow of COVID-19, and its focus is to Read More →

Dollar Rebounds From Recent Losses, Gains Ground Against Peers

The U.S. dollar firmed up against other major currencies on Wednesday, rebounding from recent losses.Original Article Read More →

UK Inflation Exceeds Expectations In April

UK consumer price inflation accelerated more than expected in April on higher energy prices, the Office for National Statistics said on Wednesday. Consumer prices advanced 1.5 percent year-on-year in April, more than double the March's 0.7 percent increase. A similar Read More →

UK Q1 Unemployment Rate Declines

The UK unemployment rate declined in the first quarter despite the recent lockdown, the Office for National Statistics reported Tuesday. The jobless rate fell 0.3 percentage points to 4.8 percent in the first quarter. This was also below economists' forecast Read More →