U.S. import prices rise notably in February

Source: RTT News
Import prices of the world's largest economy accelerated more than economists projected in February mainly due to a notable gain in fuel import prices, a report released by the Labor Department showed on Wednesday. The reports said that import prices advanced 1.1% in February compared to a 0.6% increase preliminary estimated, while in December they recorded a 0.6% gain.

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Wed, 13 Mar 2013 16:25:30 GMT

Mexican peso rises against U.S. dollar on Wednesday amid economy outlook

The Mexican currency appreciated for the fifth successive session on Wednesday after a report showed that U.S. retail sales advanced significantly in the month of February adding to an investors' optimism about the outlook for Mexico's economy. The Mexican peso accelerated 0.4% to 12.3955 per U.S. Dollar touching its highest level in 18 months after it has added more than

Wed, 13 Mar 2013 16:06:03 GMT

U.S. business inventories advance 1% in January

U.S. business inventories rose more than experts initially forecast in January led by the increase of retailers and merchant wholesalers' inventories adding 1.5% and 1.2% respectively, the Commerce Department showed in a report on Wednesday. The country's business inventories surged 1.0% in the first month of 2013 after a 0.3% gain in December.

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