Eurozone's economic situation index falls in May

Source: RTT News
Economic expectations in the 18-nation bloc worsened notably in the month of May together with decline in German economic situation index, the latest report released by the ZEW unveiled on Tuesday. According to the report, the Eurozone economic expectations indicator slipped by 6 points to a level of 55.2 points in May, while the current economic situation index added 4.9 points on the month.

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Tue, 13 May 2014 15:46:03 GMT

China's industrial production growth eases in April

Industrial production in the world's second largest economy weakened surprisingly in April together with retail sales rising at a slower rate than economists estimated, a report unveiled by the National Bureau of Statistics showed on Tuesday. The country's industrial output added 8.7% on an annual basis in April following a 8.8% gain in March, while retail sales expanded by 11.9%

Tue, 13 May 2014 15:24:02 GMT

German economic sentiment worsens in May

A gauge measuring economic expectations in the Europe's largest economy declined in May falling by more than economists originally expected, a report released by the Centre for European Economic Research unveiled on Tuesday. According to the release, the German economic sentiment index plunged from April's 43.2 to 33.1 instead of 40 as a consensus.

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