OECD leading indicator shows improvement in August

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Source: RTT News
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.

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Wed, 09 Oct 2013 19:23:08 GMT

German industrial output rises signalling economy is improving

German industrial production advanced at the faster pace than economists originally expected in the month of August after the country's capital goods recorded a notable rise suggesting that the nation's economy is improving, the Economy Ministry reported on Wednesday. The report showed that industrial output added 1.4% in August after falling 1.1% in the month before.

Wed, 09 Oct 2013 19:01:06 GMT

UK shop prices drop fifth consecutive month

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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