U.S. retail sales unexpectedly advance in April

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Source: RTT News
Retail sales in the U.S. recorded a surprisingly modest increase in April mainly due to a 1.0% increase in motor vehicle and parts dealer's sales following a 0.6% drop in the previous month. A report released by the Commerce Department unveiled on Monday. The report showed that retail sales moved up by 0.1% in April after it fell 0.5% in March.

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Tue, 14 May 2013 09:16:05 GMT

Spain's inflation eases in March

Inflation measured by harmonized price index in Spain slowed down notably in March mainly due to a significant decline of communication costs, which fell by 4% on an annual basis, the latest data released by the statistical office INE showed on Tuesday. The harmonized price index dropped to 1.5% after it recorded 2.6% in March, while consumer price index slowed

Tue, 14 May 2013 08:21:19 GMT

U.S. business inventories unchanged for second successive month in March

Business inventories in the U.S. stayed flat for the second straight month in March, while retail inventories decreased and wholesale inventories rose, the Commerce Department reported on Monday. The report showed that business inventories missed economists' forecast of a 0.3% gain, when it stayed unchanged, while retail inventories dropped 0.5% and wholesale inventories added 0.4% in March.

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