Canadian manufacturing sales increased to 1.5% in August

Source: Forexpros
© Scanpix/AFP

Statistics Canada reported on Tuesday that manufacturing sales in Canada gained more than expected in August, ending a 5-month streak of losses. Canadian manufacturing sales rose by 1.5% on a seasonally adjusted basis in August, following a drop of 0.8% in the month before. Economists, however, expected that the August's reading would be equal to a 1% increase.

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Tue, 16 Oct 2012 14:01:01 GMT

U.S. consumer prices climbed last month

The Labor Department reported on Tuesday that consumer prices in the U.S. were advancing in September, following an increase the month before, which was a reflection of a growth in energy expenses. September's consumer prices were growing at a rate of 0.6% for the second consecutive month, while economists expected that it would by only 0.5%. Core CPI added 0.1%, which was lower than a 0.2%

Tue, 16 Oct 2012 14:54:20 GMT

Euro higher as Spain expected to request aid

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