Spain's inflation stays at 3% in December

Source: RTT News
© Scanpix/AFP
Harmonized inflation in Spain remained unchanged at 3% in December, according to flash data from the statistical office INE on Wednesday. The inflation rate also was in line with economists' expectations. Consumer price inflation was at 2.9% year-on-year. Final data is due to be published on January 15. Elsewhere, inflation in the Euro bloc cooled to 2.2% in November from 2.5% in October. 
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Wed, 02 Jan 2013 09:38:50 GMT

Sweden's manufacturing shrinks in December

Sweden's manufacturing sector contracted in December at a slower pace than expected, according to data published by the Swedbank on Monday. The seasonally adjusted PMI increased to 44.6 in December from 43.2 in November, with a reading below 50 indicating a contraction. The reading stayed below the 50 mark for the fifth straight month. 

Wed, 02 Jan 2013 09:16:50 GMT

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