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Spanish inflation cools for first time in a year

  Bloomberg The inflation rate in Spain weakened this month for the first time in almost a year, possibly prefiguring a broader slowdown across the euro area. Consumer-price growth came in at an annual 2.1 percent in March, weaker than economists had predicted and down from 3 percent in February. The rate is still much stronger than a year ago, ...

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Home buyers shrug off Brexit as UK market remains buoyant

  Bloomberg Steve Victor pulled out of buying his first home the day after Britain voted to leave the European Union. Just a month later, the IT contractor dived back into the market to become the owner of a penthouse apartment in London. “I bailed on the initial shock, but after it sank in I came to the conclusion I ...

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US economy shows upward trend in Q4

  Bloomberg The US economy grew in the fourth quarter at a faster pace than previously reported on higher consumer spending, Commerce Department data showed Thursday in Washington. Gross domestic product rose at a 2.1 annualized pace (forecast was for 2 percent), revised from 1.9 percent. Consumer spending, the biggest part of the economy, rose at a 3.5 percent rate, ...

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