PPI in Spain declined more than expected

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Source: Forexpros
© Scanpix/AFP
Instituto Nacional de Estadistica reported on Thursday that Spanish producer price index declined more than expected. Spain's PPI decreased to a reading of 3.8% on a seasonally adjusted basis from a figure of 4.1% in the month before. Economists, however, expected producer price inflation would be equal to 4.0% in September.
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Thu, 25 Oct 2012 12:20:45 GMT

Money supply in Eurozone increased by 2.7%

The European Central Bank reported on Thursday that Eurozone M3 money supply advanced less than expected last month. Supply of the 17-nation currency grew by 2.7% at an annualized basis in September, whereas analysts expected a 3.0% increase. An increase in M3 money supply in August was revised down to 2.8% from an initial estimate of 2.7%.

Thu, 25 Oct 2012 13:54:54 GMT

German bunds decline on upcoming money-supply report

On Thursday, Germany's government bonds were lower, ending a 3-day long streak of gains, as trader sentiment was determined by an upcoming report on money supply, which is widely expected to show growth of Euro supply in September. The yield on 10-year government bonds added 3 basis points to 1.59% by 8:13 .m. in London.

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