Economic and financial indicators

Jul 29th 2010
From The Economist print edition

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The British economy expanded by 1.1% during the three months to the end of June, after growing by a sluggish 0.3% in the previous quarter.

Brazil’s unemployment rate fell to 7% in June, its lowest in six months.

In South Korea, GDP growth slowed to 7.2% in the year to the second quarter, from 8.1% in the year to the first quarter.

Mexico’s unemployment rate fell to 5.1% in June, from 5.4% in May.

India’s central bank increased interest rates for the second time in a month. The bank raised the rate at which it lends to banks by a quarter of a percentage point, to 5.75%. It raised the rate it uses to absorb excess cash by half a point, to 4.5%.