German investor confidence rallied in February

Source: Bloomberg
The sentiment of German investors surged more than expected in February, reported ZEW center in Manheim The confidence index jumped to 5.4 in February compared to minus 21.6 in January. February sentiment index is the highest reading since April 2011. Economists previously predicted an advance to minus 11.8. 
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Tue, 14 Feb 2012 13:28:57 GMT

Industrial output in Europe declined in December

European industrial production fell in December, weighted down by a drop in Germany, fuelling concerns the region might be entering in a new recession wave. The output in Euro Zone declined 1.1% in December compared to November. Analysts predicted a decline of 1.2%. On yearly basis production diminished 2%. 

Tue, 14 Feb 2012 11:16:56 GMT

UK prices fell in January

UK consumer prices posted a 0.5% monthly drop in January, said the UK National Statistics Office on Tuesday. The annual consumer price index slowed from 4.2% to 3.6%, creating the lowest reading in 14 months. Economists predicted the yearly inflation rate to be at 3.5%. Current price level still is above the UK central bank's 2% inflation target. 

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