Japanese unemployment surprisingly surged in August

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
Unemployment level in the third biggest economy of the world unexpectedly soared to 4.1% or 2.71 million people in August of this year, while economists did not predict any changes from the July level of 3.8%. Meanwhile, job-to-applicant ratio increased to 0.95 and matched forecasts. Moreover, employment in Japan is rising, as it reached 63.1 million persons, 0.5% more than a year earlier.
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Tue, 01 Oct 2013 08:58:03 GMT

China manufacturing PMI advanced in September

Manufacturing activity in China increased in September of 2013, as the benchmark PMI Index added 0.1 points to 51.1 points. At the same time, analysts forecasted the index to reach, on average, 51.6 points. Still, reading above 50 points indicates growth in the sector. Economists say that a rise in manufacturing will push the whole Chinese economy higher and predict

Tue, 01 Oct 2013 08:33:04 GMT

Australia experiences bigger-than-expected gain in retail sales amid low interest rate

Retail sales were anticipated to grow 0.3%, yet the index advanced 0.4% in August compared to 0.1% gain in July as low interest rate bolster consumer spending. Consumer confidence index advanced 4.7% signaling that households are more confident regarding country's economy, which is buoyed by 6.4% increase in department store sales after 7.9% fall in July.  

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