UK leading index rises in August

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Source: RTT News
© Scanpix/AP
United Kingdom leading indicator measuring economic activity advanced for the second successive month in August, a data released by the Conference Board unveiled on Friday. The data showed that the U.K. leading economic index rose 1.2% on a monthly basis in August after a 0.7% advance recorded in the month before and a 0.4% drop in June. 

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Fri, 11 Oct 2013 13:42:09 GMT

German economy will grow moderately

According to German Economy ministry's outlook, economic growth in the country will remain stable during the last two quarters of this year. Meanwhile, the increase in exports may not be significant, while the manufacturing industry will become the leading sector by growth. Moreover, private consumption will also rise moderately. German economy added 0.7% in Q2.

Fri, 11 Oct 2013 12:47:03 GMT

UK construction output drops modestly in August

Construction output in United Kingdom recorded a modest decline in August from the month before mainly due to drops in maintenance and new work and repair, a report published by the Office for National Statistics revealed on Friday. U.K. construction output slipped 0.1% on a sequential basis in August after it grew 2.8% in July, while year-on-year it rose 4%

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