U.S. retail sales grew less than forecast in November

Note: This section contains information in English only.
Source: RTT News
© Scanpix/RS
Retail sales in the world's largest economy grew below economists' expectations in November as an abrupt decline in gas station spending offset a rise in other sectors, the Commerce Department reported on Thursday. Report showed a modest 0.3% gain in retail sales in November, when the spending made at gas stations dropped 4.0%, overshadowing a striking increase in sales by electronic stores or non-store retailers.
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Fri, 14 Dec 2012 07:15:59 GMT

Yen weakens to 9-month low before elections

Japan's currency weakened to the lowest level since March versus the U.S. Dollar on speculation the Liberal Democratic Party will win the elections this weekend and force the BOJ to extend its monetary easing. The Japanese Yen fetched 83.93 per greenback, the weakest since March 21, before declining 0.3% to 83.91 from yesterday. It lost 0.4% to 109.81 per Euro

Thu, 13 Dec 2012 16:49:58 GMT

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