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Customer satisfaction rises again, but at a slower pace, according to the latest National Customer Satisfaction Index (NCSI UK) results. The NCSI increases for the fourth straight quarter, up just 0.1% to 73.8 on the 0-100 Index scale. Customer satisfaction improves for banks, credit card providers and mortgage lenders, but declines for home and motor insurance companies.
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The Conference Board Leading Economic Index® (LEI) for France increased 0.8 percent and The Conference Board Coincident Economic Index® (CEI) increased 0.2 percent in September.
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In September 2010 the seasonally adjusted current account of the euro area recorded a deficit of EUR 13.1 billion. In the financial account, combined direct and portfolio investment recorded net inflows of EUR 7 billion (non-seasonally adjusted).
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In September 2010, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was EUR 169 billion higher than one quarter earlier in June 2010. This increase was due both to increases in share/unit prices and to net issues of shares/units.
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Half a year after Europe was shaken by a sovereign debt crisis, the recovery in the EU10 The EU10 countries include: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia. continued in 2010 and is set to strengthen in 2011, according to the World Bank’s new EU10 Regular Economic Report launched in Warsaw.
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The USA remains the EU's largest trading partner for both goods and services, and there are also significant investment flows between the two partners. However, a steady decline of the share of the USA in total EU27 trade in goods has been observed over recent years. In 2000, the USA accounted for 28% of total EU27 exports, compared with 19% in 2009. The share of USA in total EU27 imports also fell over this period, from 21% in 2000 to 12% in 2008, before recovering slightly to 13% in 2009.
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In the construction sector, seasonally adjusted production fell by 2.1% in the euro area (EA16) and by 1.7% in the EU27 in September 2010, compared with the previous month. In August, production decreased by 0.4% in the euro area and remained stable in the EU27.
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Euro area annual inflation was 1.9% in October 2010, up from 1.8% in September. A year earlier the rate was -0.1%. Monthly inflation was 0.4% in October 2010.
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Work intensity among European workers is still high, although it has not increased over the past five years, according to the first findings of the 5th European Working Conditions Survey.
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The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 3.6% in August 2010 to 3.1% in September. For the outstanding amount of quoted shares issued by euro area residents, the annual growth rate was 1.7% in September 2010, the same as in August.
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