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UK's NIESR GDP Estimate Points To Flat Economic Activity In June Quarter
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- Published on Wednesday, 11 July 2012 08:01
- Written by RTT News
The British economy remained broadly flat in the June quarter, continuing a trend that has persisted for around 24 months, the latest monthly GDP estimates released by the National Institute of Economic and Social Research (NIESR) showed.
Crisis To Cost Eurozone 4.5 Mln Jobs In Next 4 Yrs, ILO Warns
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- Published on Wednesday, 11 July 2012 08:00
- Written by RTT News
Eurozone faces the risk of losing a further 4.5 million jobs over the next four years if the policymakers does not change the current course of action, the International Labour Organization (ILO) warned Wednesday.
Italian Q1 Deficit To GDP Widens
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- Published on Wednesday, 04 July 2012 09:12
- Written by RTT News
Italy's deficit to gross domestic product increased to 8 percent in the first quarter, the statistical office Istat reported Wednesday. During the same period of last year, the deficit stood at 7 percent of GDP.
Hungary Inflation Accelerates In June
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- Published on Wednesday, 11 July 2012 07:59
- Written by RTT News
Hungary's consumer price inflation accelerated to 5.6 percent in June from 5.3 percent in May, the Hungarian Central Statistical Office said Wednesday.
German Private Sector Contraction Worse Than Estimated
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- Published on Wednesday, 04 July 2012 09:11
- Written by RTT News
Contraction in German private sector activity in June deepened more than estimated earlier, detailed results of a survey by Markit Economics revealed Wednesday.
Czech June Inflation Rises
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- Published on Wednesday, 11 July 2012 07:58
- Written by RTT News
Czech annual inflation accelerated more than expected on higher food cost in June, the Czech Statistical Office reported Wednesday.
French Service Sector Shrinks Less Than Initial Estimate
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- Published on Wednesday, 04 July 2012 09:09
- Written by RTT News
The French service sector declined at a slower than initially estimated pace in June, final data from Markit Economics showed Wednesday.
Germany's June Inflation Confirmed At 2%
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- Published on Wednesday, 11 July 2012 07:57
- Written by RTT News
Germany's EU harmonized consumer prices increased as estimated earlier in June, final data released by statistical office Destatis showed Wednesday.
Italian Service Sector Contracts Further In June
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- Published on Wednesday, 04 July 2012 09:08
- Written by RTT News
Activity in the Italian service sector decreased further in June, data from a survey by Markit Economics and the Italian Association of Purchasing Management (ADACI) showed Wednesday.
U.K. Stocks Decline From A Two-Month High
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- Published on Wednesday, 04 July 2012 10:24
- Written by Bloomberg.com
U.K. stocks fell, sending the FTSE 100 Index (UKX) down from a two-month high, amid a drop in banks as Barclays Plc (BARC)’s former Chief Executive Officer Bob Diamond faces questions from lawmakers at a Treasury Select Committee hearing.
Riksbank Leaves Repo Rate Unchanged
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- Published on Wednesday, 04 July 2012 09:07
- Written by RTT News
The Swedish central bank on Wednesday decided to retain the benchmark repo rate at 1.5 percent. The decision was in line with expectations.
Germany Gets Bids For 9 Billion Euros Of Notes, Exceeding Target
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- Published on Wednesday, 04 July 2012 10:22
- Written by Bloomberg.com
Germany got bids for more than 9 billion euros of the five-year notes it sold today, exceeding its 4 billion-euro maximum sales target, according to a Bundesbank statement.
Spain Service Sector Remains In Negative Territory
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- Published on Wednesday, 04 July 2012 09:06
- Written by RTT News
The Spain service sector contracted in June, but the rate of decline slowed from the prior month, Markit Economics said Wednesday.
Riksbank Stays Pat, Cuts Repo Rate Path On Eurozone Fallout Worries
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- Published on Wednesday, 04 July 2012 10:17
- Written by RTT News
Sweden's central bank on Wednesday decided to retain the benchmark repo rate unchanged at 1.5 percent as expected after cutting the rate twice since December last year, to support the economy amid financial turbulence abroad.
Slovakia Retail Sales Recover Marginally In May
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- Published on Wednesday, 04 July 2012 09:02
- Written by RTT News
Retail sales in Slovakia increased in May partly reversing previous month's decline, data from the Statistical Office of the Slovak Republic showed Wednesday.
Eurozone May Retail Sales Rise 0.6%
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- Published on Wednesday, 04 July 2012 09:22
- Written by RTT News
Retail sales in Eurozone increased unexpectedly in May, partly reversing previous month's decline, the latest figures from Eurostat showed Wednesday.
Finland Firm on Collateral as Spain Aid Terms Discussed
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- Published on Tuesday, 03 July 2012 14:32
- Written by Bloomberg.com
Finland underlined its determination to get collateral in exchange for loans to Spain’s banks as the Nordic country targets similar terms to those won last year on its contribution to Greece’s second bailout.
UK Service Sector Growth Eases To 8-Month Low
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- Published on Wednesday, 04 July 2012 09:18
- Written by RTT News
The British service sector expanded at the slowest pace in eight months in June, and the rate of growth missed economists' expectations, data from a survey by Markit Economics and the Chartered Institute of Purchasing & Supply (CIPS) showed Wednesday.
Barclays Under Pressure to Find an External CEO Successor
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- Published on Tuesday, 03 July 2012 14:17
- Written by Bloomberg.com
Barclays Plc, Britain’s second- largest bank, is under pressure to find an external candidate to distance the bank from Chief Executive Officer Robert Diamond, who quit after the lender was fined for rigging Libor rates.
Eurozone Service Sector Contracts Less Than Expected In June
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- Published on Wednesday, 04 July 2012 09:13
- Written by RTT News
The service sector in the euro area contracted less than initially estimated in June, data from a survey by Markit Economics showed Wednesday.
U.K. Mortgage Lending Declines, Construction Shrinks: Economy
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- Published on Tuesday, 03 July 2012 13:59
- Written by Bloomberg.com
U.K. mortgage approvals fell in May and construction shrank at the fastest rate in 2 1/2 years in June, adding to signs the housing market is slowing amid growing concern over the economic outlook.