German inflation slows down in April

Source: RTT News
EU harmonized inflation in Germany eased down in April matching economists' projections, when the harmonized price index of consumer prices (HICP) slowed down from 1.8% in March to 1.1% in April, the Federal Statistics reported on Tuesday. The report also showed that consumer price index fell 0.5% in April after it rose 0.5% in the month before.

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Tue, 14 May 2013 12:39:04 GMT

U.K. house price gauge records positive reading for first time since mid-2010

Property prices in the United Kingdom recorded a positive result in April with the gauge measuring house prices turning into positive reading for the first time since June 2010, the Royal Institution of Chartered Surveyors reported on Tuesday. The house price balance increased from -2 in March to 1 in April amid increasing demand for housing.

Tue, 14 May 2013 12:16:52 GMT

German wholesale prices fall less than forecast in April

Wholesale price in Germany decreased in April falling for the first time since November 2009, according to a report released by the Federal Statistical Office on Tuesday. The report showed that wholesale prices fell by 0.4% year-on-year in April reversing a 0.3% gain recorded in March, however, wholesale prices were expected to drop by 0.6%.

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