Australia retail sales up

Note: This section contains information in English only.
Source: Australian Bureau of Statistics
© Scanpix/Reuters
On a seasonally-adjusted basis the volume of retail sales in the Commonwealth of Australia rose by 0.1% in July, following a stagnation (0.0% change) in June and a 0.2% rise in May. The release was somewhat disappointing, since the broad expectations were for an accelerated growth of 0.4%.
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Tue, 03 Sep 2013 07:12:10 GMT

Australia current account gap widens

The seasonally-adjusted data published today by the Australian Bureau of Statistics on the current account of the world's fourteenth largest economy suggest the deficit went up to $9,350m from $8,740m, or by 7% within the second quarter of this year. This means the difference between the imported and exported goods rose and the demand for the Australian Dollar supposedly fell.

Tue, 03 Sep 2013 07:03:04 GMT

China's services PMI at 53.9

According to China Federation of Logistics and Purchasing, China's tertiary sector expanded in August, being that the non-manufacturing purchasing managers' index was above a mark of 50, namely at 53.9. The figure, however, came in lower than the one posted previous month, when the rate of growth was a notch higher, at 54.1.

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