U.S. budget turns to considerable surplus in December

Note: This section contains information in English only.
Source: Bloomberg
The United States federal budget posted a significant budget surplus in December of the previous year, as tax collections surged on falling joblessness, while mortgage companies Freddie Mac and Fannie Mae made considerable payments to the budget. The surplus totaled $53.2 billion from a $1.19 billion deficit a year ago. Analysts expect the deficit to narrow further in the future.
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Tue, 14 Jan 2014 11:31:14 GMT

Eurozone manufacturing recovers more than expected

Manufacturing production in the Eurozone jumped in November of the last year significantly more than it was expected by analysts, pointing on the stable recovery of the currency bloc's production sector. The total output grew 1.8% on a monthly basis after a positively revised 0.8% decline in October. Moreover, on the annual basis the manufacturing sector advanced as much as

Tue, 14 Jan 2014 11:09:20 GMT

U.K. inflation declines to BoE target level

The consumer price index in the United Kingdom surprisingly decrease in December of the last year to the lowest level since 2009, as the indicator reached the 2% target level of the Bank of England. Economists, in turn, predicted no change from November's 2.1% level. The downward pressure came from prices on meat and fruits, while petrol, gas and electricity

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