Virgin Australia reported on Friday that its first-half profits dropped by 48 percent, and said it would delay the delivery of new Boeing 737MAX aircraft following the drop in airfares because of tough conditions in the domestic aviation market.

The airline posted an underlying profit before tax of A$42.3 million ($32.55 million) for the 6 months ended December 31, versus the A$81.5 million it reported in the same period a year ago.

On a statutory basis, including restructuring charges associated with a cost-savings programme, it reported a loss of A$A21.5 million, compared with a A$62.5 million profit in the previous year.

As expected, the unemployment rate in Poland fell in May, the country's Central Statistical Office said on Monday.

Figures showed that Poland's unemployment rate declined to 7.4 percent in May from April's 7.7 percent, in line with expectations.

The statistical bureau recorded a rate of 9.1 percent in the same month a year ago.

From 1.25 million unemployed people in April, the number fell to 1.2 million in May. That compared to the 1.46 million registered last year.

Statistics New Zealand said the merchandise trade surplus in New Zealand came in at NZ$103 million in May.

The result fell short of market expectations for NZ$103 million in May and was below the revised NZ$536 million registered in April.

Exports surpassed the NZ$4.93 billion expected by economists after rising 8.7 percent annually to NZ$4.95 billion.

Imports rose 15.0 percent to NZ$4.85 billion on year versus expectations for NZ$4.48 billion and up from NZ$4.16 billion.

2017.06.27 10:46:00 UTC+00

Finland Retail Sales Advance In May

Statistics Finland on Tuesday said retail sales in Finland advanced in May from the previous year.

Initial data from the statistical office revealed that retail sales rose an annual 1.4 percent in May, while price-adjusted retail sales volume increased the same 1.4 percent.

Sales and sales volume in daily consumer goods trade jumped 1.2 percent in May from the same month a year ago.

Final results will be released on July 12.

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