Britain's GDP will expand faster

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
Economic growth in the United Kingdom will increase this year and in 2014, according to the analysts' median estimates. In 2013 British economy is expected to advance 1.3%, while previously economists waited for a 1% expansion, but the next year GDP growth will reach 2%, which will be the highest pace of expansion since 2007. Moreover, in 2015 economy is forecasted to add 2.4%.
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Fri, 13 Sep 2013 11:51:03 GMT

Yen falls against Dollar, Fed in focus

Japanese Yen declined against the U.S. Dollar, correcting previous profit-taking advances, following worries over the Federal Reserve may begin to taper its bond purchases next week. The Yen dropped 0.14% to ¥99.66 versus the greenback and plummeted 0.13% to ¥132.46 against the 17-nation currency, and slipped 0.18% to ¥157.55 versus the Sterling.

Fri, 13 Sep 2013 11:29:04 GMT

Japanese industrial output advances 3.4% in July

Japanese industrial output in July jumped 3.4% on a monthly basis, while increasing 1.7% year-on-year, adding to the case that the economy in Japan is recovering at a faster pace. Japan's shipments from factories inched up 2.0% on a monthly basis and rose 1.4% from a year ago in July, while inventories rallied 1.6% compared to the June. 

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