Germany's WSI picked up pace in August

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Source: Forexpros
Germany's statistics office said that wholesale price index in Europe's biggest economy picked up pace in August. Nation's Wholesale Price Index rose 1.1% month-on-month, up from 0.3% in July, and added 3.1% year-on-year, as compared to a 2% climb in the previous month. In the meanwhile, forecasts were around 0.3% increase on monthly basis and 2.2% on yearly basis.
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Tue, 11 Sep 2012 14:32:45 GMT

OECD jobless rate climbs in July

OECD area's unemployment rate rose slightly in July, following a cut of a modest fall in the preceding month. The jobless rate surged to 8% from 7.9% in June. On yearly basis, the rate was stable. July data shows 47.9 million unemployed people in the OECD, with Spain posting a rate of 25.1%, Eurozone 11.3%, U.S. 8.3% and Japan 4.3%.

Tue, 11 Sep 2012 14:10:46 GMT

Japanese BSI manufacturing index rose in Q3

As reported by the Ministry of Finance, Japanese Business Index Survey of large manufacturing conditions, which measures business sentiment in manufacturing, rose to a seasonally adjusted annual rate of 2.5 in the third quarter, up from -5.7 in the prior quarter. Analysts had predicted Japan's BSI manufacturing index to fell to -6.1. A reading above 0.0 indicates optimism, below indicates pessimism.

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