Japan announced 750 billion yen stimulus

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Source: Bloomberg
© Scanpix/Reuters
Japan's policy makers announced 750 billion yen of stimulus to prop up economic growth as consumer prices fell and the legislature gridlock threatens to undermine government debt sales. Economy Minister Seiji Maehara said that the measures would increase GDP by 0.1 percentage point. The legislature should be approved by the end of November in order to hold debt auctions as planned.
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Fri, 26 Oct 2012 07:58:48 GMT

Germany IPI falls mare than forecast in September

Germany's Import Price Inflation decelerated more than economists predicted in September, after surging in the preceding month, Federal Statistical Office said on Friday. The IPI rose 1.8% on yearly basis, compared to a 3.2% jump in August. Economists had forecast a 2.9% increase in September. On monthly basis, the prices fell 0.7%, after increasing 1.3% in August.

Fri, 26 Oct 2012 06:31:48 GMT

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