Spain's inflation eased in April

Source: RTT News
© Scanpix/RS
Inflation in Spain slowed down by more than originally estimated in April mainly due to a decline in prices of lubricants, electricity and fuels, a report released by the statistical office Ine unveiled on Monday. The report showed that the harmonized index of consumer prices (HICP) jumped 1.5% on an annual basis in April after it grew 2.6% in March, while the consumer price index climbed 1.4% in April.

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Mon, 29 Apr 2013 11:44:03 GMT

Swedish retail sales rise at slower pace in April

Retail sales in Sweden advanced at significantly slower rate in March than the month before, a data released by the Statistics Sweden revealed on Monday. According to the data the country's retail sales rose annually by 1.8% in March compared to a 3.4% growth recorded in February, while consumables sales expanded by 2.2% and sales for durables gained 1.8%.

Mon, 29 Apr 2013 11:22:03 GMT

Pound gains against U.S. Dollar amid house prices

The British Pound appreciated for the fourth straight day versus the U.S. Dollar, recording the longest rally since November 2012 after the U.K. report showed an increase in the country's house prices in April. Sterling advanced by 0.3% to $1.5523 earlier on Monday London session following a rise to $1.5527, the highest since February 15.

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