Eurozone industrial production drops in line with predictions in May

Note: This section contains information in English only.
Source: RTTNews
© Scanpix\Reuters
Industrial output in the Euro block retreated 0.3% on monthly basis in May, matching the preliminary estimates, after jumping 0.5% in April. The decrease was driven by a 1.5% slip in capital goods production and 2.3% decline in durable consumer goods. Year-on-year the industrial output dropped 1.3%, in line with economists expectations.
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Fri, 12 Jul 2013 12:22:09 GMT

European stocks advance as U.S. shares hit records

European stocks advanced on early Friday's trading session, after sentiment rallied on expansion in the U.S. economy and the central bank said that it will scale back bond purchases only if reports will continue to indicated growth. The FTSEurofirst 300 Index advanced 0.37% to 6,567.45, while the Dow and S&P 500 closed at record  highs on Thursday.

Fri, 12 Jul 2013 12:00:05 GMT

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