U.K. jobless rate drops further to 6.8%

Source: Bloomberg
Unemployment level in the United Kingdom slipped to 6.8% in the first three months of the current year, putting pressure on the Bank of England in terms of rising interest rates, as the indicator fell below the target of 7% already in December-February quarter. Moreover, the number of jobless claims plummeted further by 25,100 in April, slight below the prediction of 30,000.
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Wed, 14 May 2014 09:31:04 GMT

Spanish HICP returns back to advance in April

The harmonized index of consumer prices in Spain turned back to the positive value in April of 2014, reaching 0.3% on the annual basis, after a 0.2% decline a month before. From March 2014, the indicator added 0.6%, rising in line with analysts' estimations. At the same time, consumer prices advanced 0.4% in April year-on-year, jumping 0.9% from March.

Wed, 14 May 2014 09:09:04 GMT

Australia to erase budget deficit by 2018

The government of Australia announced a series of spending and tax reforms, in order to decrease negative budget gap and turn it to surplus by 2018. The negative balance will decline from A$49.9 billion this year to $A29.8 billion by June 2015. Among fiscal measures, the spending on public services, welfare and and will be cut, while the tax on

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