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THE ECONOMY.(TO THE POINT)
Retail profit margins picking up
After-tax profits at large retailers rose to 3.7% of sales in Q4 from 2.8% in Q3. Their after-tax profits climbed to $16.48 bil from $11.5 bil in Q3. The Commerce Dept. defines large retailers as those with assets of more than $50 mil.
** Manufacturers' after-tax profits were 7.2% of sales in Q4, lower than Q3's 7.3% but better than the 6.6% profit margin in Q4 '03.
EU slashes its '05 GDP outlook
The European Commission said it expects the euro zone economy to grow 1.6%, lower than the 2% gain it predicted in Oct. The European Central Bank had already cut its growth forecast to 1.6%. The EU blamed the inability of the region's top economies -- Germany, Italy and France -- to reduce budget deficits, lower taxes and reorganize their pension and welfare systems.
Energy fuels euro zone PPI gains
Producer prices in the 12-nation region rose 0.4% in Feb. after gaining 0.6% in Jan., Eurostat said. Wholesale prices rose 4.2% vs. a year earlier in Feb. after Jan.'s 3.9% gain. The pickup in ...
- Russian GDP grows 6.6% in Sept - economics ministry.
- Newspaper article from: Russia & CIS Business and Financial Newswire October 19, 2005 700+ words
Russian GDP grows 6.6% in Sept - economics ministry MOSCOW. Oct 19 (Interfax) - Russian GDP grew 6.6% in September 2005, and 5...reporters. When adjusted for seasonal factors, Russian GDP grew 0.5% in September 2005 from August...
- Russian GDP decline slows to 8.6% in Sept - Econ Ministry (Part 2).
- Newspaper article from: Russia & CIS Business and Financial Newswire October 20, 2009 700+ words
Russian GDP decline slows to 8.6% in Sept - Econ...Part 2) MOSCOW. Oct 20 (Interfax) - Russian GDP decline slowed to 8.6% year-on...minister, said Tuesday he still thought Russian GDP would grow in the third quarter compared...
- Russian GDP grows 6% in June, 6.3% in H1 (Part 2).
- Newspaper article from: Russia & CIS Business and Financial Newswire July 27, 2006 700+ words
Russian GDP grows 6% in June, 6.3% in H1 (Part 2) MOSCOW. July 27 (Interfax) - Russian GDP grew 6% year-on-year in June from...respectively, the ministry said. Russian GDP increased 7.1% year-on-year in the...
- Russian GDP up 5.5% in Q1 - Rosstat.
- Newspaper article from: Russia & CIS Business and Financial Newswire June 16, 2006 700+ words
Russian GDP up 5.5% in Q1 - Rosstat MOSCOW. June 16 (Interfax) - Russian GDP increased 5.5% year-on-year in the first...the first quarter 2005 amounted to 5.0%. Russian GDP in the first quarter 2006, according the Statistics...
- Moody's forecasts Russian GDP to rise 0.7% in 2010; inflation - 10%.
- Newspaper article from: Russia & CIS Business and Financial Newswire November 2, 2009 700+ words
Moody's forecasts Russian GDP to rise 0.7% in 2010; inflation - 10% MOSCOW. Nov 2 (Interfax) - Russian GDP will grow 0.7% in 2010, Moody...2011. The latest forecast calls for Russian GDP to rise 4.2% in 2011, 6.9...
- Russian GDP grows 0.1% in June vs. May; declines 10.1% in H1 - Klepach.
- Newspaper article from: Russia & CIS Business and Financial Newswire July 23, 2009 700+ words
Russian GDP grows 0.1% in June vs. May; declines 10.1% in H1 - Klepach MOSCOW. July 23 (Interfax) - Russian GDP grew 0.1% in June 2009 compared to May, Deputy Economic Development Minister Andrei Klepach told journalists on Thursday...
- Russian GDP grows 5.9% in August, 5.8% in 8 mths.
- Newspaper article from: Russia & CIS Business and Financial Newswire September 26, 2005 700+ words
Russian GDP grows 5.9% in August, 5.8% in 8 mths MOSCOW. Sept 26 (Interfax) - Russian GDP grew 5.9% in August and 5.8% in January-August, the Russian Economic Development and Trade Ministry said. The ministry also said Russia...
- Russian GDP grows 5.9% in August, 5.8% in 8 mths (Part 2).
- Newspaper article from: Russia & CIS Business and Financial Newswire September 26, 2005 700+ words
Russian GDP grows 5.9% in August, 5.8% in 8 mths (Part 2) MOSCOW. Sept 26 (Interfax) - Russian GDP grew tentatively 5.9% year-on-year in August and 5.8% in January-August, the Russian Economic Development and Trade Ministry...