UK shop prices drop fifth consecutive month

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Source: RTT News
© Scanpix/RS
United Kingdom's shop prices dipped in the month of September falling for the fifth successive month, a report released by the British Retail Consortium revealed on Wednesday. According to the report, shop prices in the UK dropped 0.2% in September after the rate recorded a 0.5% fall in the month before, when September's slide was the smallest since June.

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Wed, 09 Oct 2013 19:12:04 GMT

OECD leading indicator shows improvement in August

A leading indicator of the Organization for Economic Cooperation and Development area recorded an increase in August suggesting that the majority of countries' economies are improving, a data revealed by the organization showed on Wednesday. According to the data, OECD's leading index advanced from 100.5 in July to a level of 100.6 recorded in the following month.

Wed, 09 Oct 2013 15:53:03 GMT

German industrial production surges in August

Manufacturing sector in Germany, which accounts for 25% of country's economy, jumped 1.4% in August of this year on a monthly basis, while a contraction in July reached 1.1%. Economists, on average, predicted the production to add 1%. On the annual basis the second main sector of German economy increased slightly by 0.3%. Analysts say that German economic conditions continue

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