Japan's trade balance in red for the eighth successive month

Source: RTT News

Merchandise trade deficit in Japan declined to 777.5 billion Yen in February compared to a forecast of a shortfall to 855.9 billion Yen, staying in the red for the eighth time in a row, the Ministry of Finance reported on Thursday. The report said exports fell annually by 2.9% to 5.284 trillion Yen and imports moved up annually by 11.9% to 6.061 trillion Yen.


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Thu, 21 Mar 2013 13:24:07 GMT

China's manufacturing PMI rises above forecast in March

China's manufacturing sector improved above economists' expectations in the month of March with the manufacturing output index climbing from 50.8 points in February to 52.8 recorded in March, the Markit Economics revealed in its survey. The Markit/HSCC purchasing managers' index rose to 51.7 in March after it recorded 50.4 the month before, while it was forecast to jump to 50.8

Thu, 21 Mar 2013 13:02:08 GMT

British retail sales rose 2.1% from January

British retail sales topped economist`s expectations by gaining 2.1% from January. According to forecasts, there was 0.4% rise expected. Year to year, sales increased 2.6%. The Pound strengthened 0.5% to $1.5178 versus the Dollar after data was released."There is still some hope that the economy has avoided a triple dip," said Vicky Redwood, an economist at Capital Economics Ltd. in

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