The overall trade performance was dragged down by a fifth successive deficit in oil trade and a reduced surplus in services.
More Quotes from Howard Archer:
Euro region labor markets are finally beginning to see genuine, if somewhat limited, improvement, boosted by the pickup in growth since mid-2005. Rising employment is key to boosting consumer spending across the euro region.Howard Archer
The euro zone's upturn is still young and relatively fragile with significant question marks still hanging over the long-term strength of domestic demand.
Howard Archer
Consumer confidence is faltering anew, which does not bode well for spending in the near term at least.
Howard Archer
With economic growth likely to remain below trend in the near term at least and unemployment set to continue rising, there is a very real danger that individual insolvencies and mortgage repossessions will climb markedly further over the coming months.
Howard Archer
The limited correction in the Halifax house price index in January following the marked rises during the latter months of 2005 reinforces our strong doubts that house prices will see sustained sharp rises over the coming months.
Howard Archer
This significantly reduces the prospects of any interest cut until at least August. Indeed, it increases the odds that the eventual next move in interest rates could be up.
Howard Archer
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Based on Topics: Performance QuotesIf I could just get a piece of lemon, it'd be great.
Rip Torn
It is folly for a man to pray to the gods for that which he has the power to obtain by himself.
Epicurus
I claim for Canada this, that in future Canada shall be at liberty to act or not act, to interfere or not interfere, to do just as she pleases, and that she shall reserve to herself the right to judge whether or not there is cause for her to act.
Wilfrid Laurier