Bank of England predicts "storm" for UK economy

Note: This section contains information in English only.
Source: The Independent
Bank of England decreased growth expectations for UK economy for upcoming two years and expects 0.8% and 2% expansion for 2012 and 2013 respectfully. Inflation rate is expected to be 2.5% for this year 2% target should be achieved only in the middle of 2013. Such adjustments were made due to 0.2% retraction of UK economy in the first three months of this year. Bank of England now predicts that UK economy will reach pre-crisis level in 2014.
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Wed, 16 May 2012 18:51:29 GMT

Inflation down in the EU and the Euro zone

Annual inflation in April in the Euro zone and in the European union decreased and was 2.6% and 2.7% accordingly. Lowest annual inflation in the corresponding period was registered in Sweden (1%), Greece (1.5%) and Ireland with Romania (1.9% both). Highest annual inflation was observed in Hungary (5.6%), Estonia (4.3%) and Czech Republic with Poland (4% both). In comparison to March, inflation increased in

Wed, 16 May 2012 17:25:27 GMT

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