TODAY’S TOP ARTICLES – 11 AUG 2014

China: Chinese Consumer Prices Post Mild Increase while Producer Prices Continue to Fall
Chinese consumer prices grew a mild 2.3% in July, matching June’s result and giving room for further stimulative monetary policy. Producer prices dropped 0.9% in the same month. (Source: Reuters)

France: Lagging France is ‘Threat to Eurozone’
France’s flacial Pace of reform could push the eurozone to “breaking point” if another crisis hits the 18-nation bloc, a leading think tank has warned. (Source: The Telegraph)

United Kingdom: UK Hiring Plans at 16-year High
UK firms intend to hire staff at the fastest rate for 16 years, research suggests. Accountancy firm BDO said its jobs index for July, which measures hiring plans over the next three months, was at its highest level since 1998. (Source: BBC)

Turkey: Erdogan Extends Rule to 2019 With Vision for a New Turkey
Prime Minister Recep Tayyip Erdoganwon Turkey’s first direct presidential election, empowering him to act on pledges to hit back at foes and build what he calls a “new Turkey.” (Source: Bloomberg)

Global: Federal Reserve’s Vice Chair Warns of Long-term Damage from Recession
The US and global recoveries have been “disappointing” so far and may point to a permanent downshift in economic potential, US Federal Reserve vice chair Stanley Fischer said on Monday. (Source: The Guardian)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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