New Zealand's credit card spending rise in April

Source: RTT News
© Scanpix/FP
Credit card spending in New Zealand advanced in April reversing last month's decline, the latest figures revealed by the Reserve Bank of New Zealand showed on Tuesday. Credit card spending gained 0.4% on a monthly basis in April after recording a 0.3% decline in the month before, while on an annual basis spending increased by 4% in April.

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Tue, 21 May 2013 07:50:09 GMT

New Zealand's inflation expectations fall in last survey

Inflation in New Zealand is expected to sink to the weakest level in almost fourteen years in the quarter ended in June, while one and 2-year forecast of the jobless rate has fallen by 0.3%, a survey published by the Reserve Bank of New Zealand showed on Tuesday. 2-year forecast of the consumer price index dropped from 2.17% projected in

Tue, 21 May 2013 08:57:05 GMT

German producer prices slow down in April

Producer prices in Germany eased for the third straight month in April, a report released by the Federal Statistical Office showed on Tuesday. According to the report, the producer price inflation rose annually by 0.1% in April after a 0.4% gain recorded in the previous month, while economists had expected prices to expand by 0.2%.

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