Trade balance of New Zealand expanded less than expected in March

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Source: Forexpros
Trade balance of New Zealand advanced less than expected in March, reported Statistics New Zealand. Trade balance indicated a surplus of 134 million New Zealand Dollars in March as compared to a surplus of 161 million New Zealand Dollars in February. Experts predicted New Zealand's trade balance to hit 455 million New Zealand Dollars in March.

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Mon, 30 Apr 2012 06:45:42 GMT

Australia's inflation rate decelerates in April

Inflation rate in Australia slowed down in April thus increasing the likelihood of more accommodative measures of the Reserve Bank.  The inflation rate rose by 0.3% this month as compared to a 0.5% increase in March. The main contributors to the slowdown in the inflation rate were falling prices on footwear, clothing and travel. The Reserve Bank is expected to

Mon, 30 Apr 2012 06:23:42 GMT

Spain's unemployment topped 5.64 million

Unemployment in Spain approached a new record of 5.64 million in March while the jobless rate topped 24.4%, reported the national statistics office. Analysts expect the Spain's officials to confirm that the country is falling into recession. Meanwhile, retail sales in the country declined by 3.7% in March on an annual basis.

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