OECD inflation increases for second straight month

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
Organization's for Economic Cooperation and Development inflation rose for the second month in a row in June, as the food and energy prices increased, according to the latest data. Consumer Price Index climbed to 1.8% in June, for comparison, it was 1.5% in May and 1.3% in April. The main driver was energy prices that soared 3.4% from previous year.
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Tue, 30 Jul 2013 14:23:05 GMT

German CPI accelerates to 1.9% in July over a year

The German Consumer Price Index speeded up by 1.9% year-on-year this month, according to preliminary information released by German statistical office, while the final figures will be be announced on August 13. Markets expected a 1.7% increase. Also the German consumer sentiment gauge rose from 6.8 to 7 as labour market and economic conditions are improving.

Tue, 30 Jul 2013 13:54:08 GMT

S&P 500 futures advance as metals and Aussie fall

U.S. stock-index futures climbed, while the Aussie depreciated after the Reserve Bank of Australia gave signs it may cut its interest rates as inflation data allows that. Metals dropped for a fifth consecutive day. Standard & Poor's 500 Index futures gained 0.1% as of 6:37 a.m. New York time. The Australian Dollar lost 0.6% versus all 16 main trading peers,

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