Finland's economy grow faster than Euro area average

Source: Bloomberg

According to Statistics Finland, country's economy added 0.9% in third quarter compared to 0.1% growth in second quarter. On yearly basis GDP has gained 2.7% as consumers keep increasing spending. Finland's GDP is surging at nearly four times the velocity of average growth in Eurozone. To compare, even Germany's GDP added only 0.5% in third quarter. 

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Mon, 05 Dec 2011 10:48:28 GMT

Russia's inflation probably dropped in November

According to economists surveyed by Bloomberg Russia's inflation rate in November could turn out to be the lowest in 14 months. Analysts estimate inflation rate to be at around 7% which would be the slowest consumer price increase since 2010. Economists associate the drop in country's inflation with lack of cash in economy and slower appreciation of food prices.

Mon, 05 Dec 2011 14:00:06 GMT

S&P 500 and Dow Jones end week slightly down

Although US stocks opened higher on Friday morning trade, Dow Jones Industrial Average and S&P 500 Index did not manage to maintain gains and closed slightly down. Dow Jones Industrial Average gave up 0.01% or 0.61 points and closed at 12,019.42 while S&P 500 slid 0.02% or 0.30 points and ended week at 1,244.28. Nasdaq Composite was the only of three major indexes that managed to

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