Germany's CPI increases more than expected this month

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Source: Forexpros
German CPI increased more than initially expected in February, according to German Federal Statists Bureau data. The CPI increased by 0.7% this month as compared to a 0.4% fall in January. Analysts predicted the indicator to add 0.5% in February. Considering yearly changes, the CPI rose by 2.3% this month, confronting the expectations of a 2.1% gain.

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Wed, 29 Feb 2012 09:29:07 GMT

Housing starts fell by 1.1% in Japan in January

Japan's housing starts tumbled by 1.1% on an annual basis in January, indicating fall for the fifth consecutive month. Experts attributed the decline to global economic turmoil and slow increase in disposable income. However, the decrease was less remarkable than a 7.5% fall in December. Moreover, orders of 50 largest construction companies increased by 24.6% last month.

Wed, 29 Feb 2012 08:39:21 GMT

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