Australia's GDP rises less than forecast in Q3

Note: This section contains information in English only.
Source: RTT News
The performance of Australian economy increased in the three months to September, however, the pace of growth of lower than economists initially expected, the latest data revealed by the Australian Bureau of Statistics showed on Wednesday. According to the data, the country's GDP rose 0.6% in the Q3 following the same increased in the Q2, while it was forecast to grow 0.7%.

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Wed, 04 Dec 2013 09:29:04 GMT

UK shop prices record 7th straight deflation in November

United Kingdom overall shop prices continued to decline in November recording the seventh successive month of deflation for the country mainly due to a 2.3% deflation of food prices and a 2.0% deflation of non-food prices, the British Retail consortium showed in a report on Wednesday. UK overall deflation recorded 0.3% in November following a 0.5% drop in the prior

Wed, 04 Dec 2013 09:07:05 GMT

China's service industry accelerates at steady pace in November

Service sector in the world's second largest economy expanded at a steady rate in November suggesting that China's economy gathered its momentum as government started reforming, a report published by the HSBC and Markit Economics showed on Wednesday. The HSBC/Markit purchasing managers' index for service industry remained at 52.5 after recording 52.6 in the prior month.

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