Finland wage growth advances in June

Source: RTTNews
Finland's wage growth pace increased notably in June, after a slower growth in preceding month, Statistics Finland reported on Monday. Salaries and wages in the overall economy rose 6.5% on year in June, compared to a 3.6% gain in May. In the first six month of the year overall wages advanced 5.2% from the first half of 2011.
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Mon, 13 Aug 2012 11:03:26 GMT

Netherlands retail sales growth declines in June

Netherlands' retail price growth pace weakened in June, reported by the Central Bureau of Statistics on Monday. Retail trade turnover rose 1% on year in June, compared to 1.6% gain in preceding month. Food sales increased 4% year-on-year, while non-food sales posted a modest slid. Dutch retail trade posted a 2% drop on year in the second quarter of 2012.

Mon, 13 Aug 2012 12:58:35 GMT

Aussie Dollar falls amid flagging demand for risky assets

The Australian Dollar declined versus almost all of its major peers as global economic downturn curtailed demand for high interest currencies. The Aussie Dollar fell 0.2% to $1.0556 and dropped to 82.63 Yen. The New Zealand Dollar lost 0.2% to 81.17 U.S. cents and 0.2% to 63.53 Yen. 

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