Spanish economy rises in Q3, recession ends

Source: International Business Times
The economic growth in Spain, which currently has the largest unemployment level in the Eurozone, reached 0.1% on a quarterly basis in July-September of this year, as the two-year long recession ends in the country. The result matched economists' predictions. On the annual basis Spanish GDP lost 1.2%, and this is significantly lower than a quarter ago, when the economic decline was 1.7%.
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Wed, 30 Oct 2013 16:01:09 GMT

U.S. inflation remained slow in September

Consumer price index in the United States increased only 0.2% in September of this year, while the annual inflation stood at 1.2%, being the lowest since April. Excluding the prices' rise on energy and food, the inflation was only 0.1%. Energy prices, in turn, surged 0.8% during the reporting period. At the same time, the overall inflation level remains lower

Wed, 30 Oct 2013 15:39:17 GMT

German unemployment at highest level since 2011

The unemployment level in the largest economy of the Eurozone, Germany, climbed in October to its highest level since the middle of 2011, reaching 2.973 million people, 2,000 more than a month earlier. At the same time, the joblessness rate remained stable at 6.9%, the historically lowest level since 1990. Meanwhile, recently a few German companies announced significant job cuts.

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