Germany output PPI surges in August

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Source: RTTNews
Germany's Producer Price Inflation rose more than estimated in August, Destatis said on Thursday. The PPI accelerated 1.6% on year in August, slightly faster than the 0.9% surge in July. Economists expected an advance of 1.5%. Energy prices climbed 3.2% and capital goods' prices gained 1.1%. Consumer goods' prices surged 2.3%, while intermediate goods' prices slipped 0.2%.
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Thu, 20 Sep 2012 10:25:09 GMT

Japan all industry activity falls in July

Japan's all industry output contracted more than estimated in July, lead by a 2% drop in construction and a 1% fall in industrial production, the Ministry of Economy, Trade and Industry reported on Thursday. All sector activity slipped 0.6% on month, after a 0.3% advance in June. Economists expected a decline of 0.5%.

Thu, 20 Sep 2012 09:30:11 GMT

New Zealand GDP advances in Q2

New Zealand's economy rose 2.6% on year in the second quarter, exceeding economists' estimates and accelerating from the 2.3% advance in the previous quarter. New Zealand's agricultural sector activity climbed 4.7%, the sector hasn't been as strong since June 1987. Meanwhile, construction activity jumped 3.3%.

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