German HICP tumbles in September

Source: RTTNews
Germany's EU harmonized index of consumer prices deteriorated in September, in line with preliminary expectations, the Federal Statistical Office released final data on Thursday. The HICP slipped to 2.1%, compared to 2.2% in August. On a month-on-month basis, the index stayed unchanged at 0.4%. Meanwhile, the CPI added 2% on year in September from 2.1 in the previous month.
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Thu, 11 Oct 2012 08:21:17 GMT

Australian inflation expectations advance in October

Australian consumers slightly raised their expectations of inflation to 2.6% in October, the Melbourne Institute Survey of Consumer Inflationary Expectations reported on Thursday. Still, the average expected inflation rate stayed within the RBA's target of 2-3%. Analysts are concerned that further acceleration of inflation expectations might translate into a real inflationary pressure on the RBA.

Thu, 11 Oct 2012 10:00:14 GMT

US blue chips slumped; Alcoa and Chevron led losses

The Dow Jones Industrial Average Index plunged 0.95% to close at 13,344.97 on Wednesday. US blue chips came under continuous pressure after the UMF cut its global growth forecast. Pushing the Dow Jones index lower, companies within the index are expected to report weaker than expected results as global economic problems hit sales. Only two in nine sectors included in

Thu, 11 Oct 2012 09:05:08 GMT

US shares slid on profit warnings

US equities extended previous losses on Wednesday as global growth concerns continued to dampen market sentiment. Moreover, disappointing reports from Alcoa and Chevron spurred speculation that US companies will announce losses for Q3. Meanwhile, traders remained cautious ahead of US unemployment claims numbers scheduled for Thursday. The S&P 500 Index tumbled 0.63% to close at 1,432.56. All but one sector

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