UK production declines for the second straight month

Note: This section contains information in English only.
Source: Bloomberg
UK manufacturing fell for the second consecutive month in February, signalling the economy's recovery may lag. Factory output dropped 1% compared to January, undermining the predictions of analysts who forecast an improvement of 0.1%. Production which makes a 10% of British economy was revised downwards in January from 0.1% growth to 0.3% decline.
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Fri, 06 Apr 2012 06:21:56 GMT

European shares traded mixed on Thursday

European stocks fluctuated between gains and losses on Thursday as region's debt worries were partly offset by small improvement in Wall Street. Stoxx Europe 600 index added 0.1%, Italian FTSE MIB index slipped 0.2% while Spanish IBEX 35 traded flat. UK FTSE 100 index advanced 0.4% whereas German DAX lost 0.1%. French CAC 40 index improved 0.2%. 

Fri, 06 Apr 2012 05:59:30 GMT

Swiss CPI added 0.6% in March

Swiss consumer prices decreased 1.0% in March compared to similar period previous year and added 0.6% on monthly basis,  the Federal Statistics Office reported on Thursday. Analysts predicted the monthly inflation to climb at slower pace and attain only 0.4% advance. Monthly core inflation which excludes most volatile items such as fuel was negative at minus 1.2% in March.

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