Switzerland's consumer prices declined in April

Note: This section contains information in English only.
Source: Bloomberg
Switzerland's consumer prices fell for a seventh consecutive month in April as the appreciation of Swiss franc cut the costs of imports. Consumer prices faded annual 1.0% last month after dropping at the same pace in March, Federal Statistics Office said on Monday. On monthly basis prices have added 0.1%. The yearly fall in consumer prices was more than analysts estimated 0.9%.
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Tue, 08 May 2012 06:07:45 GMT

Australian trade balance widened more than expected

Australia's trade deficit widened more than initially expected in April, according to Australian Bureau of Statistics. The country's trade deficit approached 1.59 billion Australian Dollars on a seasonally adjusted basis as compared to a March reading of a deficit of 0.48 billion Australian Dollars. Experts predicted the trade balance to drop to minus 1.40 billion Australian Dollars.

Mon, 07 May 2012 19:03:02 GMT

Japan shuts down last nuclear reactor

Worlds third largest economy, which used to derive almost one third of its energy from nuclear sources, stopped its last nuclear reactor on saturday evening. Japan's government admits it won't manage to keep up with increasing demand for fossil fuel and promises to present clear energy policy this year.  

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