Import price inflation in Germany eased in October

Note: This section contains information in English only.
Source: RTTNews
© Scanpix/AFP
The Federal Statistical Office revealed on Tuesday that inflation of German imports experienced a 1.5% annual growth last month. Whereas economists expected a higher increase in import prices of 1.8%. Month over month, prices of imports declined by 0.6% compared to a figure of minus 0.7% in the preceding month.
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Tue, 27 Nov 2012 14:13:14 GMT

Copper higher on Greece debt deal

On Tuesday, futures for copper were traded close to a 4-week high in European morning trading hours, after Greece debt deal underpinned demand for the risky asset. On the Comex, March delivery futures for the metal were traded at $3.561 per pound, which was a 0.35% daily gain. Earlier, the contract prices grew by 0.5% and hit $3.565, which was

Tue, 27 Nov 2012 13:51:13 GMT

U.K. services decreased in September

The Office for National Statistics reported on Tuesday that output of the U.K. service sector shrank in September. Month over month, the index lost 0.5% on a seasonally adjusted basis, which was in compliance with analysts' expectations. In the third quarter, the index added 1.3% compared to a 1.2% gain in the preceding quarter.

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