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Partly offsetting rises came from the price indexes for residential buildings (up 1.0 percent) and nonresidential buildings (up 0.5 percent).
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The Central Statistics Agency (BPS) announced on Wednesday a US$304.9 million trade surplus in March, the first surplus since September. The surplus helped narrow the year-to-date trade deficit to $67.5 million. BPS head Suryamin explained that the
These investments figures might be strong for the first quarter, but there is a possibility that things will slow down considerably by the end of the year, Chatib told a press briefing on Monday. He estimates that investment growth will be between 10
A possible amendment is in sight for the newly ratified Investment Proclamation, following a study tabled to the Ethiopian Investment Agency's (EIA) board, three weeks ago. The change comes only eight months into the ratification of the new
I ndia's diversified stock funds posted their worst quarterly performance in over a year as fund managers' bets on small- and mid-cap shares and sectors like capital goods dented unit values, data from fund tracker Lipper showed. Such funds fell 7.5
In an interview with ET Now, Varun Goel , Head of PMS, Karvy Private Wealth , gives his views on the market and some sectors. Excerpts: ET Now: What are you advising clients or what are you doing in your PMS with regards to capital goods? Varun Goel:
Total factory orders fell by 2 percent in January from December, mostly due to a decline in aircraft and defense orders. Demand for durable goods fell by 4.9 percent, while demand for nondurable goods increased by 0.6 percent.
Orders for U.S. factory goods that signal business investment plans jumped last month by the most in more than a year, suggesting companies are confident about their business prospects. The Commerce Department says orders for so-called core capital
Orders decreased 5.2 percent, worse than expectations of a 4.8 percent decline...However, nondefense orders excluding aircraft (core capex) rose 6.3 percent, way above expectations of no growth. Durable goods orders excluding all transportation