Russian service sector eased in September

Note: This section contains information in English only.
Source: RTT News
© Scanpix/RS
Service sector activity in Russia accelerated at a slower rate in September than the month before despite a sharp advance in demand in restaurants and hotels sector, a report published by the Markit Economics revealed on Thursday. According to the report the service sector purchasing managers' index recorded 51.5 points in September, down from 51.8 in August.

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Fri, 04 Oct 2013 07:50:24 GMT

Euro trades near 8-month high after Eurozone's data

The 17-nation bloc currency strengthened earlier on Friday after a data showed that the Eurozone's retail sales advanced by more than economists preliminary projected in September and as Barack Obama and the U.S. Congress representatives failed to find an agreement about a new budget. The shared currency was traded at $1.36255, near the highest level in 8 months at $1.36465.

Thu, 03 Oct 2013 18:23:05 GMT

Eurozone's retail sales increase more than expected in August

Retail sales in the 17-nation bloc advanced by more than initially forecast in August mainly due to a rebound in non-food product turnover, the latest data released by the statistical office Eurostat showed on Thursday. Eurozone's retail sales advanced 0.7% on a monthly basis in August compared to a 0.2% growth originally forecast, moreover, the rate beat July's 0.5% gain.

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