Japan's bank lending increased 1.5% in Q1

Source: Bank of Japan
Bank lending in Japan increased in the first three months of 2013 mainly due to a gain of lending provided by regional banks, a data released by the Bank of Japan unveiled on Wednesday. The data said that loans and discounts rose by 1.5% in the Q1 after it expanded by 1.0% in the quarter before, while the average amount outstanding in March was 4,667.23 billion yen.

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Wed, 10 Apr 2013 15:30:58 GMT

French manufacturing production recovers faster than forecast

Manufacturing production in France advanced in February led by a strong expansion in refining and transport sectors helping the overall output recover at the faster rate than preliminary estimated, the statistical office Insee reported on Wednesday. The report said that industrial production rose 0.7% on a monthly basis in February after it dropped 0.8% the month before.

Wed, 10 Apr 2013 14:50:34 GMT

Labour costs gained in Eurozone

Eurostat reported on Wednesday that hourly labour costs grew in most of the European Union countries in the last year. For the period from 2008 to 2012 wages and non-wage costs gained 8.7% in EUR28, with the largest increase of 15.5% in Austria. The only country that experienced a decline in salaries was Greece, which witnessed 11.2% fall.

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