Industrial production in Japan decreased in September

Source: RTTNews
© Scanpix/AFP
On Tuesday, Japan released its final September figures of industrial production. Year over year, Japanese industrial production declined by 8.1%, while a previous month's reading was minus 4.6%. Month over month, industrial output of the country experienced a 4.1% decrease on a seasonally adjusted basis, which was unchanged from a revised reading for August.
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Tue, 13 Nov 2012 10:17:55 GMT

British inflation accelerated on tuition fees last month

The Office for National Statistics reported on Tuesday that annual inflation in the United Kingdom gained more than expected in October. The British inflation reached a level of 2.7% compared to a reading of 2.2% in the preceding month. Economists, however, expected a 2.4% increases last month. The bureau commented that tuition fees were the most significant contributor to the

Tue, 13 Nov 2012 12:30:43 GMT

Oil price slips on signs that supplies increase in the biggest markets

Oil futures for December settlement slipped by 0.7%, or 58 cents, to $84.99 a barrel during Sydney trading session on Tuesday. The oil price decreases as investors see signs of increasing supplies in the U.S. and China, the biggest oil consumers markets. Also, traders have expectations that the U.S. stockpiles data will be in the highest level in the last quarter.

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