101.   Figures showed modest economic growth and restrained inflation but interest rates fell because of changes in commodities prices, said analyst Mace Blicksilver of Prudential Securities.

102.   The US Federal Reserve, apparently responding to modest growth and the absence of inflationary pressures, on Wednesday decided to leave key short-term interest rates unchanged.

103.   This has blasted optimistic expectations of modest economic growth and single-digit inflation.

104.   Modest British economic growth has led operators to expect a reduction of UK interest rates before the end of the year.

105.   Projections released Friday showed France likely to enjoy modest economic growth this year.

106.   The incumbent also benefited from the relative good shape of the US economy, which has seen modest growth with low inflation and unemployment.

107.   The May figures showing modest growth in industrial production combined with a decline in operating capacity are the latest signs that US economic growth is slowing.

108.   The island nations are experiencing serious economic difficulties with at best modest growth rates which are not expected to improve in the short term.