Italy's jobless rate surprisingly rises in September

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Source: RTT News
© Scanpix/RS
Unemployment rate in Italy grew slightly in September despite economists' expectations of a decrease, the latest report revealed by the statistical office Istat showed on Thursday. According to the report the country's jobless rate increased from 12.4 in August to 12.5% in the following month, while initial forecast showed a drop to 12.3%.

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Thu, 31 Oct 2013 12:41:04 GMT

U.K. bonds slip as economy improves

Government bond in the United Kingdom dropped on Thursday snapping its four-day gain after an industry report showed that house prices advanced in October suggesting that the domestic economy is improving. The government benchmark 10-year yields climbed 2 basis points to 2.56% as of 8:53 a.m. in London following a drop to 2.54% yesterday.

Thu, 31 Oct 2013 12:19:04 GMT

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