German economy rose 0.4% in Q4

Source: RTT News
Economic growth in Germany was affirmed at 0.4% in the last quarter of 2013, as it was initially predicted in January. In July-September quarter, GDP added 0.3%. The largest contribution to growth was done by investment, which increased 1.4%. Moreover, trade balance added 1.1% to the GDP increase. At the same time, inventories declined 0.8%, while government expenditures remained unchanged.
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Tue, 25 Feb 2014 09:39:53 GMT

New Zealand inflation to reach 2.03% in 2014

According to the median expectation of analysts, inflation in New Zealand will reach 2.03% this year, the survey from the Reserve Bank showed on Tuesday. In December, it was predicted the inflation to be at 1.94% level. Therefore, now the average forecast is above the 2% target of the CB. Economists explain the rise in expectations by economic recovery and

Mon, 24 Feb 2014 17:05:41 GMT

Corn drops as production reaches new high

Corn declined on Monday trading session falling by the most in a five-week period amid rising concerns that supplies of the commodity may advance as production in the U.S. increased to an all-time high for the second straight year. Corn for settlement in May dropped 1.1% to $4.54 per bushel as of 9:56 a.m. on the CBOT and was set

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