Eurozone's current account declines better than expected

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Source: Investing.com
Current account surplus of the Eurozone plummeted in January of this year, but the value was better than analysts predicted it to reach before. The European Central Bank data showed a surplus decline to 21.3 billion euro, down from a revised 23.3 billion euro positive balance in December. Economists, in turn, expected the current account surplus to drop to 21 billion euro in January.
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Tue, 18 Feb 2014 09:50:42 GMT

British inflation declines to 1.9% in January

The consumer price index in the United Kingdom dropped unexpectedly in the first month of this year, reaching 1.9% on the annual basis from 2% a month ago. Economists, however, predicted no changes in the CPI Index. On a monthly basis, prices decreased 0.6%. The biggest decline was registered in prices of alcohol, DVD's, entry fees in museums and household

Tue, 18 Feb 2014 09:49:20 GMT

Chinese FDI climbs considerably in January

Total foreign direct investment into Chinese economy jumped 16.1% in January of the current year from a year ago, reaching the highest pace of rise since October 2011, confirming that country's economy is still very strong. Investment amount increased to $10.76 billion, however, more than 50% of it went into the service industry, while investment into manufacturing dropped 21.7%.

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